Current Performance
We regularly update our performance results here. All statistics shown below and in the detailed record are based off exactly the same entry and exit signal prices that are sent to our subscribers in near-real-time on our private Discord channel.
As a subscriber you can scroll back through our past trading signals which are date and time stamped by Discord to verify that the below record is a true account, proof that our signals work. We cannot manipulate the results shown here as other vendors do.
As we have just launched the newest version of the www.pairtradingsignals.com service, this current performance section will be updated with our live results once we have reached 50 closed trades. Stay tuned!
Our Previous Performance, Two Portfolios
Track Record #1: Silverfire Research Beta Portfolio
This portfolio of between 115-140 US stock pairs – selected and traded according to our system parameters as published on this website – was autotraded through an Interactive Brokers’ paper trading account from 1 Jan 2025 to 13 August 2025. The system produced 432 closed trades in that period (each separate leg being treated as a separate trade). All trades are logged and verifiable through our Interactive Brokers paper trading account history, email support@pairtradingsignals.com for a detailed ledger review. Review our published Silverfire Beta White Paper with all the details by registering here.
Silverfire Beta Performance (1 January - 13 August 2025)
Total Profit (assuming $25k Invested Per Leg) which was based on a 2.5% postion size of a theoretical initial $1,077,637 trading account equity, not re-sized for retained profits. When combined with the positive carry in the strategy, this performace equated to a 17.4% return over the 7.5 months which annualises to a Compound Annual Growth Rate (CAGR %) of 28.8%
Track Record #2: Former Live Performance Track Record of www.pairtradingsignals.com

This portfolio, overseen by Jared Mann, the creator of PairTradeFinder® software back in 2008, was composed of liquid US stocks, liquid US ETFs and some FX pairs. The signals therefrom were published live on this url by Trading Software Pty Ltd. from January 2009 to September 2011, covering 989 closed trades, and can be reviewed in detail for ledger auditing purposes. Email support@pairtradingsignals.com for a detailed ledger review
Former Live Performance Trading Statistics (Jan 2009- Sept 2011)
Total Profit (assuming $10k Invested Per Trade) which was based on a 5% postion size of a theoretical initial $200,000 trading account equity, not re-sized for retained profits. This performace equates to a Compound Annual Growth Rate (CAGR %) over the period of 25.1%.
Prior Testimonials (from our 2009-2011 service)
Frequently Asked Questions
Still have questions? We’ve got answers!
In a world flooded with generic trading signals that chase trends, deliver directional bets, and rarely beat passive indices after fees and risk—most services fail spectacularly.
The 2024–2025 SPIVA data confirms it: 80–94% of active managers underperform benchmarks over long horizons, even on risk-adjusted terms.
Silverfire Research is different—and as far as available evidence shows in early 2026, we're the only provider delivering near-real-time US stock pair trading signals directly to a private Discord channel.
We harness the same powerful equity statistical arbitrage strategy employed by top hedge funds: market-neutral long/short pairs that exploit temporary price divergences in cointegrated stocks, reducing directional market risk dramatically.
Our Silverfire Beta White Paper proves the edge with transparent, simulated results in an Interactive Brokers account:
- 432 trades over 7.5 months
- +17.4% return (+28.8% annualized)
- Max drawdown: just -3.6%
- Sharpe ratio: 1.7
- Sortino ratio: 3.8
This crushed the S&P 500 (+10.8%) and First Trust Long/Short Equity ETF (+3.8%) over the same period—with far lower volatility and drawdown.
Powered by the industry-leading PairTrade Finder® platform (founded 2008, trusted by professionals), our signals arrive 2–3 times per day during US sessions, high-probability setups ready for easy implementation by sophisticated self-directed traders.
No hype, no AI-generated noise, no "2 and 20" hedge fund fees—just rigorous, backtested, market-neutral edge at $99/month.
If you're tired of underperforming signals and ready for verifiable low-risk outperformance, subscribe now.
Download the White Paper first—see the proof yourself.
Trading involves risk; past performance isn't indicative of future results, but our mission is simple: deliver what actually works.
We are focusing on a niche in the trading services industry, providing a service that we strive consistently to ensure actually works. We seek to deliver to sophisticated self-directed traders and investors a easy-to-implement trading strategy that can produce higher risk-adjusted returns that passive equity index investing.
If you read our Silverfire Beta White Paper, available above, and you focus on Slide 3 "The Power of Equity Statistical Arbitrage", one might reasonably assume that a self-directed equity stat arb trader with a decent system may reach a Sharpe ratio of 2 or more, as they will avoid the typical "2 and 20" fee structure paid by hedge fund investors.
Additionally, by applying greater leverage than insitutional hedge funds to the strategy (provided risk management is maintained), they might reasonably be expected to match or exceed the long-term S&P 500 return but with a far lower risk profile. Our mission is to see whether our service can allow traders to achieve this outcome. Our 2025 beta test easily did so.
The majority of stock trading signals services and newsletters underperform the indices on a risk-adjusted basis and have no particular value e.g. the 2024 SPIVA scorecard revealed that 94% of active domestic equity funds underperformed the S&P Composite 1500 over 20 years, with underperformance rates remaining high (around 80-90%) even on a risk-adjusted basis across various horizons and asset classes. Additionally, a 2024 investigation into news sentiment-based signals (using data from 2010-2020) concluded that such indicators have limited predictive power and fail to generate consistent risk-adjusted outperformance over indices, with sentiment-driven strategies yielding negative Sharpe ratios and underperforming passive buy-and-hold approaches after transaction costs.
Silverfire Research LLC is solely dedicated to analysing and producing the highest-probability stock pair trading signals it is able. We believe there are 100's of potential US stock pair trading opportunities every single day - we look to provide you with 40-60 of the best of them every month. That is our mission, and we are focused.
Members of our group may and do pair trade stocks using our system and methodology on a regular basis. However, these activities are outside of, and unrelated, to Silverfire Research LLC.
Our general win rate is between 65% - 75% with the avg. win being slightly smaller than the avg loss. Please go to Our Performance page to see the latest results.
Our service is priced at $95/month for personal retail use because we deliberately target sophisticated self-directed traders who seek genuine edge without the exorbitant costs of traditional alternatives.
The vast majority of stock trading signals services and newsletters fail to deliver value, consistently underperforming passive indices on a risk-adjusted basis.
The 2024 SPIVA U.S. Scorecard shows that over 20 years (through December 2024), around 92-94% of domestic equity funds underperformed benchmarks like the S&P Composite 1500, with even higher rates (often 90%+) on risk-adjusted metrics across horizons.
In contrast, hedge funds offering equity statistical arbitrage strategies typically charge "2 and 20" fees—2% management plus 20% of profits—eroding returns significantly for investors.
Our mission focuses on a niche: delivering an easy-to-implement, evidence-based equity stat arb strategy that our 2025 beta testing showed can achieve high Sharpe ratios (potentially 2+), enabling retail traders to match or exceed long-term S&P 500 returns with lower risk through careful leverage—without those heavy fees.
By keeping pricing accessible at $95/month, we prioritize accessibility and real results over profit maximization, unlike most services that charge premium rates yet provide little edge.
This structure aligns incentives with yours: sustainable outperformance, not hidden costs.
Silverfire Research LLC is headed by former investment banker, family-office executive, hedge fund manager and current professional trader, Geoff S.T. Hossie, CMT. Geoff and his team of programmers have been in this business for a long time, over 56 years combined. Geoff’s CV is available here.
We use stock pair trading, also known as market neutral, long/short equity trading, statistical arbitrage or relative value trading. It is a strategy that has stood the test of time (see white paper on equity stat arb fund returns 2021-2025).
Sign up above and receive our White Paper that explains our equities pair trading strategy in detail, with an example pair analysis, and tracks our beta portfolio's simulated trading performance over 432 closed trades in 7.5 months.
A detailed description of our pair selection criteria and trading parameters applied can be found here.
- The Silverfire Beta White Paper documents 432 trades over 7.5 months in a simulated Interactive Brokers account, achieving +17.4% return (+28.8% annualized), with a max drawdown of just -3.6%, Sharpe ratio of 1.7, and Sortino ratio of 3.8.
- This significantly outperformed the S&P 500 (+10.8%) and the First Trust Long/Short Equity ETF (+3.8%) over the same period, with far lower risk.
- Market-neutral exposure (long/short pairs reduce directional beta).
- High-probability setups rooted in statistical relationships.
- Professional-grade tools without the "2 and 20" hedge fund fees.
For sophisticated self-directed traders seeking real edge with controlled risk, we deliver what most competitors promise but rarely achieve: verifiable, low-drawdown outperformance.
Famous Trading Quotes
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
- Robert AllenI think to be in the upper echelon of successful traders requires an innate skill, a gift. It's just like being a great violinist. But to be a competent trader and make money is a skill you can learn.
- Michael MarcusIf most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money
- Bill LipschutzThe key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.
- Ed SeykotaAn edge is nothing more than an indication of a higher probability of one thing happening over another.
- Mark DouglasI always say that you could publish trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80 percent as good as what we taught people. What they couldn’t do is give them the confidence to stick to those rules even when things are going bad.
- Richard DennisThere are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
- Larry HiteSome of the best trades come when everyone gets very panicky. The crowd can often act very stupidly in the markets. You can picture price fluctuations around an equilibrium level as a rubber band being stretched -- if it gets pulled too far, eventually it will snap back. As a short-term trader, I try to wait until the rubber band is stretched to its extreme point.
- Linda RaschkeWhere you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That’s why most people lose money as individual investors or traders because they’re not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that...then they will be incredibly successful investors.
- Paul Tudor JonesMost people think the stock market is some mysterious machine controlled by a few people, they don't realize there is an underlying logic to the market that can be easily exploited.
- William HighwaterThe markets are clearly not a random walk. The markets are not even efficient because that assumption implies you can't make an above-average return. Since many people can do that, I disagree with the assumption.
- Monroe TroutRISK DISCLOSURE: TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. DO NOT INVEST MONEY YOU CANNOT AFFORD TO LOSE. SEE OUR FULL RISK DISCLOSURE HERE.
