Dreiss Research Corporation

United States-flagUnited States Type: Commodity Trading Advisor (CTA) Registrations: NFA ID: 0238047
Program Past 12 Months Aug YTD CAROR WDD AUM Min Inv Visits
Diversified Program chart thumbnail
26.01
56.35 15.64 -51.44 $ 2.2M $ 1,000k 17450

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

CTA Introduction

Edward William Dreiss graduated from the Massachusetts Institute of Technology in 1964 with a Bachelor of Science in electrical engineering. In 1966 he received an MBA from Harvard Business School, with a concentration in Bayesian decision theory. He worked for several years after graduation in mathematical and financial modeling, specializing in game theory. During this time he became interested in commodity futures, using pattern recognition and Fourier analysis to explore the markets. In October 1973, after five years of research into technical trading systems for commodities, he took a position with E.F. Hutton & Co. in San Francisco as a commodity broker. In January 1975, he left to become a principal of and the chief trader for Commodity Consultants, Inc., one of the first firms to manage large amounts of risk capital using mechanical trading methods. In January 1976, Mr. Dreiss established San Miguel Associates. From January 1976 to July 1984, San Miguel Associates was an active Commodity Trading Advisor managing commodity accounts marketed through major brokerage firms. In August 1984, Mr. Dreiss turned his attention to computer consulting and commercial software development, while continuing to trade commodities for his own account. He became listed as a principle of San Miguel Associates in December 1985 and registed as an Associated Person in June 1986. San Miguel Asociates continued to be registered as an inactive (non-trading) Commodity Trading Advisor until withdrawing its registration in January 2009. Mr. Dreiss is one of the pioneers of the commodity managed account industry and is responsible for a number of technological innovations related to trading managed commodity accounts. He was the first Commodity Trading Advisor to balance diversified portfolios on the basis of expected risk per trade and originated the concept of trading a short term system only in the direction of the longer term trend. He has continued his research into innovative approaches to commodity trading, including original research on artificial intelligence and the development of an expert systems shell which uses a Holland classifier as the decision engine. He is currently involved in the refinement of trading methods based on his research on the application of fractal geometry to market analysis. This work has led to the development of mechanical systems based on pure pattern recognition and the formulation of the Choppiness Index, a unique indicator which attempts to distinguish orderly (trending) from choppy (consolidating) markets without regard to market direction. Mr. Dreiss is the sole trader of Dreiss Research Corporation, and has sole authority and control over the trading decisions of Dreiss Research Corporation. He became registered as an Associated Person and listed as a principle of Dreiss Research Corporation in March 1992 and as a branch manager in September 1992.