A systematic desk trading its own money by rule — every strategy tested in the open, the losers published beside the winners. That includes the worst of it: the live book breached its own drawdown line and has been halted to paper since July 2026. It manages no outside money and offers no advice; the private edge stays offline. Red days included.
The live record is early and, so far, negative. It is published before it is mature, so the desk cannot rewrite the story later — in either direction.
what we do — in one screen ↓The live journal is early, and its first chapter is a loss the desk publishes rather than buries: the live book breached its −73% drawdown line (worst reached −99.4%) and has been halted to paper since July 2026. It does not trade live again without a fresh authorization. 52 live trades is not evidence of skill — it is the start of a record that will speak for itself, in either direction, and so far it has spoken against us. The process is published before the record is mature, so the desk cannot rewrite the story later.
Ting Capital is a private research desk built to kill bad ideas before they reach the live book.
A machine trades one fixed edge on U.S. options — the same rules every session. No forecasts, no hunches — and on the 3 session(s) where a human hand did touch the button, the ledger records it and this page counts it as a rule break.
Thousands of strategies swept for candidates — and a sweep that size flatters some by luck alone. Survivors still face walk-forward testing, real fills, risk review, and human authorization before going live. Every number we publish comes from the desk's own ledger and is reviewed against internal broker records, losses included.
The desk publishes delayed closed-trade summaries, the graveyard of failed ideas, and its doctrine — nothing is for sale. The live record is small and, so far, negative — and it says so plainly.
Act I
On July 2, 2026, the machine took its first two live trades. Full execution detail — contracts, strikes, timestamps, prices, order IDs — lives in the private Ledger. This is the public closed summary; the journal never carries live alerts or copyable logic.
Broker records: +6.00%. Our own books log +5.85% — where accounting differs, we round against ourselves. "Reconciled" means matched to internal broker records reviewed by the desk — not independently audited.
Act II
A rolling band and the opening range watch three symbols. Entries stay deliberately simple — every clever filter we tested made them worse.
Real quotes choose the contract. A spread gate refuses any price more than 12% wide; the machine would rather skip than overpay.
Every fill is reconciled to internal broker records by the desk — not independently audited. Exits faster than ten seconds trip alarms the same day.
On a green day, the machine routes 20% into income assets and 27% into taxes by rule. Unconverted profit is just inventory.
Act III
Roughly half our trades lose by design — small, capped, fast. We publish the win rate a marketing team would hide, because the days are what pay. All figures are ledger-sourced and reviewed against internal broker records by the desk; none are independently audited.
Act IV
Most funds publish their wins. These are the numbers that were meant to force this firm back to paper — set in advance, on a green day, so no losing streak gets to renegotiate them. The record below shows the one that failed: the line was blown through in a single manual session, and the desk went to paper by founder order the next day.
The story is done — here is the same record laid flat, plus the doors to the rest of the firm.
Ting Capital is one venture inside Ting HQ — the founder's private operating layer across his businesses, which runs every venture on the same rules: evidence first, verifiers separate from makers, and killed work kept on the record rather than deleted. On this site, that graveyard is public. This list is generated from the registry HQ itself runs on.