www.tradeslide.com

TS Score

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INDEX

1. WHAT IS IT?

2. WHAT’S THE POINT?

3. WHAT DRIVES IT?

4. QUESTIONS?

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TS Score – What is it?

Our independent assessment of risk-adjusted profit potential for a strategy

How investable, from 0 (Flop) to 100 (Top), do we think a strategy is?

Would we recommend a given strategy to any investor?1

2 Which of any two strategies is more investable?

3 A diagnostic: where to focus to improve invest-ability?

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TS Score – What it isn’t!

The TS Score is a very powerful tool

But even the best tools should be handled knowledgeably

No substitute for good judgement and due diligence – NOTHING is1

2 100% polished: full accuracy will require thousands of strategies rated

3 The Holy grail: not everyone will agree with our assessment, and some

may well be right

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INDEX

1. WHAT IS IT?

2. WHAT’S THE POINT?

3. WHAT DRIVES IT?

4. QUESTIONS?

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Weeding out lucky punters…

Both traders below were profitable

One of them was lucky… the other is SKILLED!

• 2 possible sources of past performance:

• Skill – will work going forward

• Luck – won’t last indefinitely

• In addition to WHAT performance was

achieved, the TS Score assesses HOW

performance was obtained

• The purpose is to rule out LUCK as a

source of past performance: if a profitable

strategy wasn’t LUCKY, it’s investable!

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… to solve your credibility gap!

What’s the point of a very good TS score?

If you can only use it at Tradeslide?

• We agree – there’s no point!!

• That’s why we encourage you to take it

wherever it helps you

• Twitter – signal your trading skill to

potential followers and filter your

friends by their TS Score

• Linkedin – working on it!

• Trader forums – enrich your alias

with your TS Score

• Install the Twitter extension HERE

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INDEX

1. WHAT IS IT?

2. WHAT’S THE POINT?

3. WHAT DRIVES IT?

4. QUESTIONS?

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What drives the TS Score?

The TS Score is a measure of skill

It summarizes progress on all elements of the TS Challenge!

• TS Score reflects progress on Challenge:

• Level of individual badges

• Homogeneity across ALL badges

• TS score penalized by level of

WORST badge)

• And remember: performance by itself won’t

do much for your TS Score unless you’ve

ticked all the other boxes

• After all, a strategy that loses consistently is

a very powerful indicator!!

Lack of Experience penalizes TS Score for this strategy (yellow is the weakest colour at TS)

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TS Score – Driven by the TS Challenge!

Rationale

Ex• The more experience, the higher the statistical confidence to rule out luck

Rs• The more stable the risk, the more investable the strategy

Lc • The more consistent the leverage, the more investable the strategy

La • The lower the loss aversion, the more investable the strategy

Es • The more consistent the exits, the better proof that the strategy is working

Pf • If you’ve achieved performance by relying only on skill, you deserve investor capital!

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TS Score – Driven by the TS Challenge!

Impact Rationale

New Badges

• We’ll improve existing badges and

introduce new ones as we go along – stay

tuned

• Our goal is to improve the score forever

Type of strategy

•Not all badges are relevant to all strategy

types

• Exit strategy doesn’t apply for strategies using

hedge trades, etc.

Relative level of

badges

•The bigger the dispersion across levels in

different relevant badges, the lower the

score

• The more polished the strategy, the higher the

confidence of the investor

Number of

strategies

• The more strategies reported by a bigger

trader community to the Challenge, the

higher the accuracy of the TS Score

• The TS Score contains a “learning” algorithm

that improves the more strategies report to it

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INDEX

1. WHAT IS IT?

2. WHAT’S THE POINT?

3. WHAT DRIVES IT?

4. QUESTIONS?

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Questions?

Trading is hard – no wonder there are unanswered questions!

(Why not, together, build a Knowledge Base that answers them all?)

• The Knowledge Base contains TS Mentors’

answers to all your questions!

• Mentors are Traders like you who

enjoy helping out, and are voted

very good at it, AND

• Trading educators hand-picked for

quality and broker independence,

who pitch their materials

• Want to contribute? Great!

• Post an article / Post

• Ask or answer questions

• Rate fellow traders’ contributions

• We’ll treat top contributors like shareholders!

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Can you do better?

• This article is a “stub” (an unfinished entry that MUST be improved)

• We need your questions & feedback to improve it!

• Feel free to post your questions to the TS Knowledge Base

• Have suggestions?

• theowl@tradeslide.com can’t wait to hear them

• We’d love to credit you for improving our content

• Contributing to the Q&A sections will boost your mentor score if others like what you post

(even questions do!) – helping out will reflect on your community standing, which means

• More traders will visit the URL on your profile

• When they visit, they’ll request your mentoring!

• If they do it enough, we’ll share revenues and offer invitations to you