“There's two possible outcomes: if the result confirms the hypothesis, then you've made a discovery. If the result is contrary to the hypothesis, then you've made a discovery.” Enrico Fermi
Barclay Hedge

A “QEP” is defined as follows:

The investor must first be an accredited investor.
The most common ways for this are to either have a net worth of $1,000,000 or more OR an annual income of $200,000 or more for the last two years OR combined with a spouse, $300,000 per year for 2 years.

Then, the investor must meet the additional portfolio requirement which is having $2,000,000 in securities holdings OR $200,000 in margin on deposit with a FCM OR a combination of the two, ie $1,000,000 in securities AND $100,000 in margin.

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. CONSULT YOUR BROKER REGARDING FEES AND CHARGES. PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS, THIS MATERIAL IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, NEITHER THE COMMODITY FUTURES TRADING COMMISSION (CFTC) OR THE NATIONAL FUTURES ASSOCIATION (NFA) HAVE REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS PROMOTIONAL MATERIAL. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.