A strong return,
for risk we can measure.
The aim is simple to state and hard to do: earn a good return without taking risks we can't quantify, by finding where the market is priced wrong and trading it with rules rather than opinions. Everything we build is in service of that, and of proving it before we manage anyone else's money.
"Under the light of the moon, capital grows."
Several edges, held together.
No single strategy carries the fund. Each one targets a specific inefficiency in a specific market, and together they are meant to produce a steadier result than any of them alone.
- Return for the risk taken. We care about return per unit of risk, not the headline number. Steady compounding beats a good year followed by a bad one.
- Trade what's mispriced. Every strategy isolates one measurable edge — a gap, a dislocation, a spread — and trades only that.
- Spread the bets. Crypto, equities and index markets don't move together, and a genuinely uncorrelated strategy is in development — which is the point of running all of them.
- Protect the downside first. Position sizes and stops are set so a bad run is survivable. Drawdown control is part of the design, not a footnote.
- Prove it in public. Build a real, out-of-sample record before taking outside capital, and keep publishing it after.
From testing to a fund.
We're building in stages, and each one has to earn the next.
Research and testing
Building each strategy, cleaning the data, and validating it out of sample before anything traded.
Live and paper testing
Automated, risk-bracketed execution running in production and building a real, dated record.
Onboarding partners
Private conversations with accredited investors and preparation of the newsletter offering.
Incorporate and launch
Formal incorporation and the launch of Moonlit Capital as a fund.