Summary

The Advisor expects to trade grains, currencies, softs, indexes, bonds, metals and energies, however, if the Advisor sees opportunities in other markets, the Advisor may do so. The Advisor does not expect to trade on international markets. The Razor Program predominately trades options on futures. However, the Advisor may see a need to trade futures and reserves the right to do so. The Advisor does expect to trade both put and call options which will be traded either electronically or directly on the exchange. Generally speaking, the average length of a trade is three to eight days however, it is possible that trades may remain open in a client’s account for significantly longer periods.