HISTORY
Timothy J. Currie,
President of BC Capital Management, graduated from the University of
Florida in 1983, having earned a Bachelor of Science degree in Finance.
Shortly thereafter, he began his financial career trading high net worth
clients for Bear Stearns in New York City.
In 1987, he
was promoted to the Tokyo trading desk as the Treasury Bond Trader for
the Far East. His
responsibilities included trading coverage of the entire yield curve for
Bear Stearns’ institutional client base.
It was in this capacity that Currie
gained
invaluable technical analysis training and round-the-clock trading
experience. He also developed
the first e-mail system used by Bear Stearns to report overnight trading
activity.
In 1990, Mr.
Currie took this experience to Friedberg Mercantile where he began to
develop trading systems for the company’s clients.
In March of 1999, he became an
independent financial consultant, later forming BC Capital
Management to specialize in option writing.
He registered as a Commodity Trading Advisor with the Commodity
Futures Trading Commission in 2001.
TRADING PHILOSOPHY
The BC
Capital Management trading philosophy is simple: selling options on S&P
500 stock index futures to generate potential profits.
Instead of trying to predict the timing and direction of market
moves, BC Capital’s strategy is based on a probability study of where
the market is least likely to move to over a given period of time.
In BC Capital’s opinion, it is a lot easier to predict with
confidence where a market is NOT going to move than where it may move.
The
implementation of this program is based on proprietary technical and
fundamental considerations. The
trading model generates signals that are intermediate in time frame,
with the normal trade not lasting longer than a month.
BC Capital
Management’s option spread program is an excellent compliment to other
trading strategies, since the results of the program are often not
highly correlated with other stock market approaches.
Results may often be profitable during periods of time when other
stock market strategies are producing poor results.
PERFORMANCE
Since trading
commenced in 1999, the “Indices Trading Program” has racked up an
impressive, compounded return of + 116%.*
It has frequently been named one of the top-rated Stock Index CTA
programs by various independent rating services such as Barclay Trading
Group.**