Duncan Wensley is an independent researcher specializing in the development of trading systems for use on the international commodity, futures and equity markets. Our trading systems use neural computing procedures along with support and resistance levels and various other technical indicators to analyze market data and predict directional movement of markets with a high probability of positive returns. More about Duncan Wensley can be found here

The location of the bank/broker is irrelevant for trading Duncan Wensley's trading systems.

The minimum required capital to trade Duncan Wensley's trading systems depends on one hand on the maximum risk per trade and on the other hand on the product's requirements: The higher the maximum risk per trade is, the less capital is required. Usually Duncan Wensley recommends a maximum risk per trade of 1%; in case of high risk capital not more than 5%. In case of special requirements, we also offer individually taylored trading solutions. A detailled overview of system specifications can be found in "Systems & Performance".

No, Duncan Wensley is neither a fund manager, nor a bank. A personal trading account is set up with a trusted third party broker of the client's choice which is funded with the investment capital. Duncan Wensley will get permission to trade this account according to its terms & conditions. Duncan Wensley will neither claim nor receive any customer's investment capital, but trade the managed account which is held with the broker.

As soon as the account with the broker is set up, deposits can be done. Basically, clients can withdraw funds anytime, by remittance through Duncan Wensley, in case open positions have to be closed first.

A maximum drawdown will be agreed with the client. With accounts starting from 300,000.00 EUR the drawdown usually lies between 10%-20% off, as several markets are traded simultaneously to grant a more stable course. Risk per trade is a playground, but we recommend a risk of not more than 1% per trade. In case of pure risk capital, 5% should be considered as the absolute maximum. Duncan Wensley offers a unique investor protection which includes managed accounts, return insurance, transparency and limited drawdown.

Neural calculations are very time-consuming and computationally intensive. We have chosen to evaluate systems according to their behavior under real market conditions. Back-tests are well and good - but do not guarantee for anything. Nevertheless, we manage a 20% draw-down for larger accounts at 1%-2% risk per trade. A calculation of the maximum draw-down can be found at "Systems & Performance". When entering into an agreement with Duncan Wensley, a maximum limited draw-down is chosen by the investor. Learn more about "Limited Draw-down".

No. Duncan Wensley's contract is unlimited for each party.

Duncan Wensley offers a unique investor protection which is built on trust and reliability. Duncan Wensley's return insurance guarantees, that royalties only incur, if profits are realized. Duncan Wensley does not invoice a general fee. Charges are depending on profits realized, of which 25% will be charged as a royalty, or performance fee. Royalties are due monthly and are charged to the client's account directly. More about return insurance here. See also "What is the "Performance Fee"?".

Usually Duncan Wensley's clientele include banks, insurers, hedge funds, trusts, other financial services providers as well as private individuals and foundations. We guarantee strict confidentiality to each of our valued clients.

At end of month Duncan Wensley issues electronic invoice for the fees. This invoice is issued for each client separately, and provided to the broker, through accounts management system. The broker reviews the invoice and transfers it to each client for confirmation. To confirm the invoice client must log-in to broker's accounts management system, review invoice, confirm or cancel it. If the invoice was confirmed by the client, broker deducts fees from client's account and transfers them to Duncan Wensley's account. See also "How are royalties for Duncan Wensley calculated? How much are they?" and "What is the "Performance Fee"?".

Technically, Duncan Wensley trading systems can be connected to any broker's trading accounts. Our trading systems have been successfully linked with Interactive Brokers trading accounts.

The performance fee is equal to royalties [ see "How are royalties for Duncan Wensley calculated? How much are they?" ] as Duncan Wensley's charges are depending on profits realized. The performance fee is 25% of the increase of the NAV of the account. The performance fee is calculated at the end of a month high-watermark [ adjusted for deposits, withdrawals, management fees ]. The performance fee will be deducted from the trading account after client's approval of the posted invoice. See also "How are royalties for Duncan Wensley calculated? How much are they?".

No, Duncan Wensley does not charge any setup or initial fees. A monthly performance fee of 25% is due depending on profits realized at month end.

According to Duncan Wensley's transparency, performance reports are issued monthly, quarterly, inter annually and yearly. The performance reports contain current performance charts, key figures and diversification listings. An updated overview can be always acquired at Systems & Performance. The Communiqué "Duncan Wensley releases new Performance Reports" explains the contents of the new layout in detail. All released issues are available to download as PDF at Performance Reports.

Duncan Wensley offers Investors from all over the world to convert Duncan Wensley amounts directly to their native currency. The investment returns, shown on Duncan Wensley publications are calculated in their domestic currency [ such as the S&P 500 in USD, the German DAX in EUR, etc. ] and later on converted and standardized to the global currency, chosen by the visitor or globally set by Duncan Wensley. Supported currencies are:

• EUR [ EURO ]
• USD [ United States, Dollar ]
• GBP [ Great Britain, Pound ]
• JPY [ Japan, Yen ]
• CHF [ Switzerland, Franc ]
• CNY [ China, Yuan Renminbi ]
• RUB [ Russia, Ruble ]
• AED [ UAE, Dirham ]
• SAR [ Saudi Arabia, Riyal ]
• BHD [ Bahrain, Dinar ]
• OMR [ Oman, Rial ]
• QAR [ Qatar, Riyal ]
• KWD [ Kuwait, Dinar ]
• INR [ India, Rupee ]
• PKR [ Pakistan, Rupee ]
• HKD [ Hong Kong, Dollar ]
• CAD [ Canada, Dollar ]

Duncan Wensley constantly offers to consider the exchange rates, applied to the trading results conversion rate: Exchange Rates. Exchange rates are updated once in a while to adjust to the actual FOREX prices.

Our trade history, and in accordance to this the Demo Accounts are updated instantly as soon as new trade results have been achieved. During some investment periods, trades are not generated over an extended time-frame so that no results can be shown. Duncan Wensley is trading multi-timeframes which can also include periods over several weeks.

Duncan Wensley trading systems need a certain leverage to achieve high returns with relatively low risk. Certain markets and products are traded with various instances and occasionally a bunch of contracts has to be bought/sold to generate the current results. In any case investor's should be aware of the risks to lose substantial amounts. At least the required investment capital plus a double of the maximum drawdown within the past 12 months should be available as risk-capital. See also "What if I cannot afford the minimum investment capital?"

Investors should be aware of the risks if they indulge in trading. The results shown on this website are based on at least the required minimum investment capital. In case investor's insist on trading with Duncan Wensley trading systems, we are flexible in offering specifically tailored systems to meet the client's needs. Although individual systems are in use, they are not released to the public as their performance might differ substantially from the results on this website. See also "Why do the trading systems require so much investment capital?"

Duncan Wensley © 2010 | Legal | Sitemap | Imprint