Tracking CTAs since 1994
Backhouse Trading, LLC
Discretionary Global Macro
Principal(s): Eric Lin
Strategy: Global Macro / Diversified
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
The program is a discretionary global macro strategy implemented via futures trading on U.S. regulated exchanges. The program's goal is to compound capital for clients at strong double-digit CAGR while being generally uncorrelated with the S&P 500 and trend-following CTA programs. The program is designed to provide all-weather absolute returns. The program uses a multidisciplinary approach (bottom-up research on companies/sectors, top-down macroeconomic trends, market positioning data, market narrative/sentiment, and technical analysis) to make directional bets. The program is constrained to liquid U.S. futures contracts and trades the following sectors -- interest rates, equities, softs, metals, FX, energies, and grains.
Eric Lin, the PM of the Backhouse Trading Discretionary Macro Program, has actively traded commodity futures for 15+ years. In 2017, Eric created Backhouse Trading, to formalize his trading acumen and start trading managed accounts for family members. In H2 2018, Backhouse Trading took on its first non-family client account, and 2019 became the inception of the official performance track record. Outside of Backhouse Trading, Eric's professional background spans Economic Consulting, Fintech, Consumer Finance, and Automotive Retail. In his free time, Eric enjoys reading, golfing, and spending time with his family.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.70% | -0.22% | – | – | – | – | – | – | – | – | – | – | 7.46% | -0.22% |
| 2025 | 3.00% | 1.63% | 2.16% | 4.46% | -1.83% | 2.59% | 1.50% | -0.51% | 0.98% | -0.32% | 0.38% | -0.52% | 14.19% | -1.83% |
| 2024 | -8.89% | 7.29% | 2.03% | -7.65% | 1.99% | 10.22% | 10.88% | 0.54% | 3.41% | 3.20% | -1.28% | 4.98% | 27.66% | -8.89% |
| 2023 | -2.22% | -1.71% | 9.52% | -9.30% | 3.73% | -2.47% | 8.51% | -6.08% | 4.04% | 0.79% | 5.23% | 4.81% | 13.84% | -9.30% |
| 2022 | 5.71% | -1.25% | 5.98% | 0.17% | 0.41% | 1.26% | -4.28% | -1.10% | 8.26% | -5.84% | 4.04% | -8.89% | 3.07% | -10.74% |
| 2021 | -5.32% | 9.77% | -12.62% | 10.91% | 3.26% | -1.84% | 0.24% | -2.11% | 0.61% | 10.16% | -6.69% | 5.23% | 9.02% | -12.62% |
| 2020 | 8.21% | 3.66% | 26.34% | 0.38% | 0.14% | 5.25% | 8.62% | 0.36% | -7.88% | -7.71% | -6.30% | 6.53% | 38.70% | -20.34% |
| 2019 | 1.35% | -0.65% | 0.99% | -1.64% | 6.12% | -5.49% | 3.72% | 18.36% | -6.47% | -0.69% | 3.17% | 10.65% | 30.58% | -7.12% |
Track Record Compiled By: MJT Technologies
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.>
Risk Disclosure
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.
THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.
AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.