Rionda Capital builds and operates rules-based trading strategies. Every position is sized, entered and exited by a specification written in advance — not by a judgment call made in the moment.
Simulated, not live. These figures come from historical backtesting over the five years ended August 2026. No client capital has been managed to them. GC8 trades a live account today; that record is short and is reported separately.
Discretionary trading fails quietly. A rule bent once becomes a rule that no longer exists, and by the time that shows up in the numbers the reasoning is long gone. So our strategies are specified in advance, validated on periods the research never touched, and handed to software that cannot talk itself out of a decision. We would rather be constrained than clever.
Discretion is removed from the process, not managed within it.
Nothing trades until it has survived data it has never seen.
We spend more time on the failure paths than on the narrative.
A constraint that can be argued with is not a constraint.
We would rather run a small number of strategies we understand deeply than a shelf of products. A strategy earns a place here by surviving validation, not by filling a gap in a line-up.