Salem is the president and founder of Abraham Trading Company. Salem grew up in Canadian, Texas, where his family has been involved in the ranching and commodities business for over 100 years. Salem attended the University of Notre Dame starting in August of 1984. Salem did extensive research in the technical and methodological aspects of futures trading. Combining the information he gathered with ideas that he developed during his research, he began the task of back-testing the profitability of numerous trading theories. Salem graduated cum laude with a B.B.A. in Finance in December of 1987 and moved back to Canadian, where in January of 1988, he began to manage customer accounts using his systematic approach. He became registered as a Commodity Trading Advisor in October 1988 and organized Abraham Trading Company in 1990 to act as a CTA for all customer accounts. Over 21 years of trading and research make Salem one of the most experienced traders in the business. Salem is registered with the Commodity Futures Trading Commission and is a member of the National Futures Association. He owned seats and held full memberships at both the Chicago Board of Trade and the Chicago Mercantile Exchange.