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See: http://www.nfa.futures.org/nfa-compliance/publication-library/disclosure-document-guide.pdf Page 36, specifically. You must disclose your past performance history, until you have 3 years of operating history for the fund itself. This is the case for all registered commodity pools...

I'm usually not this opinionated on this site... but seriously: you're making stuff up. NONE of this is true... I cared enough about this latest claim to actually poll my securities attorney on the question, and she laughed. I challenge you to find cases where fund managers are being...

I'm making both statements: 1) investors don't care, and 2) you're legally okay (within the context of going from prop trading of a strategy to the same strategy in a fund vehicle). Robert Green, I think, is being self-serving here... especially when he suggests an audit. It's absolutely...

I don't know what your background is in making these statements, but in my opinion, you're grossly exaggerating the risks. For example, in the futures world... the NFA has clearly documented rules for marketing historical (personal or not) performance numbers, or even *hypothetical* (that's...

The June winner was up 1200% at one-point!? But then lost 75% over the last 2 days of the month? A lot of reasons why hedge funds don't *want* to do this.

I personally see working hard as a virtue. I'm not a religious man, but I do believe we have a moral obligation to achieve more, and to do our best to create value. I think little of those who's only goal in life is to play golf or lie by a pool. Don't get me wrong: I believe in playing...

And why just 1-2 contracts? I've seen your trading on the CL thread, I have a hard time imagining you can't get filled on at least 10 cars at the price levels you're putting in your orders. Why not go for $5000 a day?

Other problems there... regulatory issues behind trading international futures/options are a pain in the butt that I still haven't fully figured out.

If you read the market-making proposal, the CBOE is proposing a revenue share on the instrument (beyond the spread + commission rebates), for some amount of time. I don't remember the exact number.

Uh, no. My trading strategy is completely price agnostic. I'm talking about the very clear correlation between equities/crude that has existed over the last 6 weeks, as crude spiked above $100. (Not including the earthquake week.)

Strange behavior after hours. NQ has spiked twice in the last 30 minutes... first time up 10 pts to 2348. Settled back down to 2342, and then again up to 2346. ES moved up a little, but not the same type of spikes. What's strange is that crude is spiking... big time. And usually that's...

lazar, Congratulations on the great first quarter. Focusing on annual returns versus monthly or quarterly is questionable. Investors will even ask about day-to-day numbers, wanting to see your draw-down on that basis. You may believe that focusing on annual numbers will some how...

Only time will tell... I definitely have many of the same questions you have, although my conclusion is different. Keep in mind I'm trading on an automated basis. I really don't think my expectancy will be changing drastically from what I'm doing now... I'm already doing 20 2-lot trades, for...

To be honest, that hasn't really been a discussion point. With a nascent manager like myself, the question for a potential investor isn't whether I'm offering 0/30 or 2/20 ... but whether I'm: a) going to blow up, b) continue my current numbers. That said, everyone theoretically likes...

More likely to be 300 10-lot orders spread-out throughout the course of the day...

Cache Landing, Again, not to judge your abilities here... but unless you've already booked $10mm in profits from your strategy, then I consider your example extremely, extremely hypothetical, and completely unrealistic. But to answer your question: if you have a strategy that delivers 350%...

A few comments: - I currently have about $3mm of my own money in the fund. I started this just as a way to trade my own money, and made around $1mm last year... so obviously, I was very happy with the status quo. But it was precisely the potential financial rewards from trading OPM that...

My experience so far, based on my funds' 16 months of trading history, is that it's absolutely possible to raise money if your performance justifies it. It's obviously easier if you have a great pedigree or a Nobel prize in economics, regardless of your actual trading numbers... but even if you...

Theres not much I can say about this hypothetical. I can genuinely say few, and probably none of my trades are the last shares filled at that e level. I'm never selling the top and buying the bottom of my bars. In any case, it's still remarkable that none of these cream of the crop...

I understand the reasons. I just find it very interesting, as mentioned previously, that *none* of the people who decide to actually manage OPM can manage a 3.4 Sharpe. I emphasize: none. I think anyone on this forum should keep that in mind as they read about the successes of anonymous...