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I've taken a look of this site before. I came away with the opinion that most of the managers on this site were trash and the ones that did have good results often achieved them thru gimmicky means, or by luck. Furthermore, if you are a moneymaker you can charge 2/20 and a very large percent of...

While I'm happy to answer more questions about my individual results, what I'd really like to hear about is the process of raising capital and starting a fund. One big question I have in my mind..is what are the advantages of a hedge fund versus a managed account structure (busta..I sent you...

My position sizes in my long term portfoilo are typically 1.5% to 10% of account value. Position sizing for my short term (intraday) opportunistic strategy can be 5% to as high as 50% of my account. So yeah, I consider myself to be appropriately sized for risk. Even with positions occasionally...

While the results are real, I would never promise or hint to potential clients that they should expect anywhere near these level of returns. Certainly I do not plan my life around being able to return 100% a year.

Fundamental. I did used to work at two small hedge funds in the past before I got laid off. I did look for work a year ago but couldn't really find anything decent. My background is not impressive enough to work at a high quality investment firm and I'm not experienced enough for a portfoilo...

Yeah you get up to 7x with portfoilo margin with a 100k+ account but only if you have a diversified portfoilo. I'm not quite sure how the calculations work but its not a simple 7x. Well, the draw downs have been 8 to 10% because I've been right (or lucky, probably some have both). I actually...

Hey, its not useless. The time commitment is relatively low and there is some chance of getting some useful information. Given how little I know about asset raising, the chances of me learning something is high. When I do really try to raise money or start asking around how to go about it, I'd...

I did say peak to through draw down was 8 to 10%, I think that's a good sized draw down that I wouldn't necessarily characterize as too low. In my long term strategy I do not use leverage for the most part. I use leverage opportunistically when I feel like a short term trade is to be made...

I have addressed this point before. I don't need any more leverage than I have now. Joining a prop trading firm is of no use to me. What I do is also more akin to portfoilo management than trading.

Of course, it sounds like you've had some experience trying to raise capital, so if you can share your situation and the channels you went through, that would be helpful.

Dunno. I haven't really tried to raise money but I don't think raising institutional money is likely until you have some sort of organizational infrastructure.

I only do stocks so CTA is not for me, correct? Also those sites..they also seem to be for CTAs. While there are sites for equity investors, I'm not sure these services are for me. I don't know, I just feel like there's so much garbage on these sites that I don't really want to be affiliated...

As I mentioned earlier, if your are managing friends and family money and charging fees, IB is capping you to 5 accounts max for non -RIA's. There could also be more restrictive policies depending on which state you are operating from. I have no idea how cumbersome the process is to become a...

Well, given how I didn't even know what E&O insurance stood for before this, I guess not very far. If this expense is too prohibitive, I will probably prefer to forgo the insurance. I imagine an LLC structure will protect your personal assets. And I imagine I can only get sued if I lose...

I disagree. Homeowners today who had to purchase a home today or decades ago already paid a higher price than they would have paid without the deduction. Obviously they are sitting on a higher valued asset thanks to the deduction as well, so the overall effect is neutral. As to brokers, that...

Personally I don't see the value of an incubator fund. For audits just get your personal accounts audited. Someone feel free to correct me if I'm wrong. As to money, obviously the more money your track record is based on, the more people will respect that record. If you are a trader, why not...

I agree as well. Mortgage interest deduction only helps those that owned homes before MID was passed, allowing them to benefit from the price appreciation. All future owners and renters pay an elevated (and government subsidized) rate. So this past group of homeowners benefited at the cost...

Just talked to a person from IB, and he said that under the IB friends and Family account, if you are going to charge fees and be unregistered, they are capping you at 5 managed accounts. Previous poster mentioned that the exemption of the requirement to be registered was repealed recently...

started building a big long position today in the 20.2 range.

Some people are gonna believe whatever they want. Last I checked the defnition of profitable is not cumulative sum of net income since inception minus gross debt outstanding. Not gonna waste any more time on you.