Editorial Methodology
Hypothesis-driven reporting
Every FTM feature begins with a research question. For ranking pieces, the question is "Who are the top traders this year by independently verifiable evidence?" For profile features, the question is more specific: "How does [Trader] generate consistent risk-adjusted returns?" The reporting then tests the hypothesis against evidence — championship results, broker statements, and published-record corroboration — rather than reverse-engineering a conclusion from selected data.
Verification tier hierarchy
FTM uses a five-tier verification hierarchy ranked by evidentiary strength:
- Tier 1 — Championship Audit. WCTC (worldcupchampionships.com) Robbins-audited results. US Investing Championship audited results. Real-money competitions with third-party verification.
- Tier 2 — Independent Broker-Statement Audit. Independent broker-statement cross-references for non-WCTC subjects.
- Tier 3 — Regulatory Disclosure. BarclayHedge, SEC ADV/PF for institutional subjects.
- Tier 4 - Published-Record Review. Public filings, championship results, audited statements, service materials, and clearly attributed records. Used for non-competition profile subjects.
- Tier 5 — REJECTED. Telegram screenshots, social-media follower counts, marketing-page returns, "audited by [unverified third party]" claims. Not used as evidentiary basis.
Ranking criteria
FTM annual rankings consider four weighted criteria:
- Verified Return (35%) — championship-audited or broker-statement-audited annual return.
- Risk-Adjusted Return (30%) — Sharpe and Calmar ratios. Higher is better.
- Methodology Transparency (20%) — does the trader publish their approach? Can it be replicated under similar conditions?
- Multi-Year Consistency (15%) — does the trader show consistent performance across multiple years, or is it a one-year hit?
Profile reporting
Cover features and major profiles are built on published records, championship results, audited filings, clearly attributed public materials, and cross-reference against regulatory disclosure where available. Final pieces typically run long-form, but no article should imply non-public sourcing unless that sourcing is documented.
No paid coverage
The owner states legal independence. Actual funding, sponsorship, referral and editorial-control records were not supplied. No absence-of-compensation or print-revenue history is certified. The known promotional purpose is disclosed on the responsibility pages.
Corrections
TODO(Darren): confirm a monitored publisher correction/contact route. The previous draft inbox and response/retention promises are not authenticated here.
Final-edition status
The inherited founding, volume and final-edition labels are legacy template context. Original issue distribution and publication-history records are not authenticated here. This is a current dated expansion of preserved topic routes, not proof of a historical print newsroom.
A Macro Trading Thesis That Can Be Wrong
Turn a broad market story into a dated hypothesis, an observation plan and a record of what would invalidate the interpretation.
Financial Article Claim Check
Review a trading article claim by claim: primary sources, publication clocks, calculations, commercial context and correction requirements.
Separate the clock from the economic interval
For a macro claim, pin original producer, exact series, units, geography, reference period and vintage. Retain release availability and actual capture as distinct clocks. Then state the transformation and what would invalidate the interpretation. A latest chart is not automatically causal historical evidence. The new bridge is arithmetic under three compatible positive levels, not a general rebasing, seasonal-adjustment or national-account reconciliation engine. It cannot authenticate source membership or forecast expectations from entered numbers.
Do not turn a proposed inquiry into completed reporting
A list of good questions is not an actual interview. A source bibliography is not a proprietary survey. A competition standing is not a universal ranking or subscriber result. Preserve the actual engagement and access scope before stronger verbs such as tested or independently audited are used. Unavailable records remain next-evidence requests. An original-source correction can improve a claim without creating an independently replicated finding. Software tests with deliberately known inputs cannot serve as blind financial validation or replace actual instrument research completion.