but when did they set up?
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Alvin, Simon, and Theodore will say, everything is possible with no capital to start.
Why don't you do some research and tell us how many hedge funds were started in 2011 and compare that to previous years? This information is available on the internet. Perhaps that would help you find an answer to your question.
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Chill out...
The dream of most traders is one day to become the new Gordon Gekko of trading. Managing acouple of billion $$'s....
Dream...is it possible? Has that boat sailed and long gone?
nice "theory" but what bank would lend anyone near enough money these days to do this?
$1m = $60k interest.
12% make $120,000
= $60k profit
$10M = $600K interest.
12% on $10M = $1.2M
= $600K profits for soing f** all!
NICE..
but all very "theoretical"
it was defintiely 12%. One Hedge fund analyst asked how he could consistently hit 12% or 1% per month (which was his U.S.P.) so consistenlty? He said he bought at the low and sold at the high...
OH said the Hedge Fund. Here's another $1billion to manage then. So much for superior...
Why greater than 15% p.a. Old Bernie only did 12% p.a.
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think the best certification is still an audited >15% p.a. performance with a sharpe of >1.5x over 2 or more years...
The real money is in managing O.P.M.'s? Into the high hundreds of millions.
Now I know old Bernie was scammer but he was only boasting 12% per annum. How did he manage to attract billions $$ with those kind of returns?
I'll give him this...he must have been one hell of a marketer...
Just a cushy 9-5 JOB. $150k+, no stress, no risks, chat sh** all day. Easy money. Look at hot scretaries, kiss the bossses ass from time to time to keep them sweet. Etc.. you know a bit like a politician.
I can understand George Soros very much. Jesus, how did he handle it more than 30 years?
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Maybe his $100million salary was what he did it for?
Let's face it..he would not have made billions day trading...
Are you talking 20 - 60M with leverage?
Yeah it's obvious your typical retail broker isn't gonig to fulfill this. They basically just want to rip off the $2k to $25k account holders.
Pro money would not go through retail forex brokers.
Has he left this forum now?
I wanted to ask about the deals he brokers.
I presume he is basically a salesman for investment projects? Where does he find these projects to invest in?
Unless I have it wrong? :D
ok so in forex what size can be day traded? I mean there are forex managed companies out there..i presume they trade a few million+ at a time on leverage?
Say you had a $10m account and traded 3X leverage that would be $30m per trade. Is that even possible to day trade with...