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Either is he trying sucker "naives" into a trap or he does not know the headaches of trading other people's money.

I had high hopes from Trump but he is dashing them rapidly. I wonder if he comes to WH in a suit, tie, and cheap flip flops.

I would touch TWTR only around $5/share.

Btw, I would suggest aspiring CTAs to avail the 15 client exemption rule which allows them to act as a CTA without registration. If you are giving George Soros a run for his savvy old trading strategies, then go ahead and splurge of $1000/hr lawyers and $500/month market data ;-)

It seems above link is for individual trader not a CTA who is offering a business service. Hence any and all expenses, including buying coffee for a friend can be written off as a business expense. Sir, the bottomline is, there are cost cutting ways and measures to go about doing things...

Not in CTA business. But Delaware does offer some tax benefits. That's why many businesses register there. Btw, do not see any problem writing off registration expenses against the income. Delaware offers many other tax benefits though.

Delaware has high registration fees, while many other states have even $0 and some as low as $50. On the whole average for US is $101/year.

https://www.llcuniversity.com/llc-annual-fees-by-state/ Average annual fees for states is $101. Also for a learned person registration can be done around $200 or even less.

LLC registration roughly 800 Disclosure Document - just read various other CTA documents and make your own, lots of free advise available on internet and also from NFA also. Software platform: Don't need it. Lots of brokerages offer good options. Daily data: $500 per year for futures, IB...

I have a long term solution for student loan bubble...............reduce the cost of education and loan paying off is not a monster anymore.

Agreed, many managers are 2/3 in cash, especially the value type guys waiting for bargains from the correction. Shortage of deals might be because of fund's prospectus or type of investing being marketed. A value guy cannot suddenly switch gears and start buying growth stocks with high beta.

Sometimes I wonder, especially for multi billion dollar VCs, PEs and Hedge Funds, those that rake in $100s of millions in fees each year, if hiring twice or thrice the number of analysts or junior analysts would enhance the "stock or company" picks by little bit. Also, with more manpower...

Thx pal, however in this business, each and every trade needs to posted. If not then atleast post the end of the week trade list from the account statements. Even then, questions regarding photoshopping and other documents doctoring will be raised. May be posting each trade on twitter...

Posting some performance table won't jive it. Post real trades real time. Max leeway given would be 30 seconds between actual trade and postings. Also mention targets and stop losses if any. If you are truthful then enjoy more power and profits!!

However the real picture is more like $1M into 15 investments. 1 turning into $17m and rest going zippo pretty much. Approximate returns of 13-14% annually. VCs returning 14% in last 3 years from above link gives the real picture.

The link below gives some idea, VC is the best but also most risky. Basically VC guys invest into dozen picks and hope for 1 to make it stellar to offset the rest going zippo or pretty much dormant...

anything that beat S&P500 or index "Buy and Hold" after all fees and short term taxes (unless in a taxfree account or scheme). Generally 15% gross would get you there.

The US military high command issuing warnings of attack on NK reactors in the event they conduct a nuke test.....................is that not objective enough. When was the last time US military issued such a threat. Putin, Chinese Xi calling for calm and MSN reporting a possible H-bomb...

So far so good, Thank God nothing has happened. One is a psychopathic fanatic commie and other is a egoistic billionaire bastard living in a cocoon eye poking lots of dangerous creatures around the world. Mr. Trump, poke China in the eye and bring some American jobs back home. What happened...

These days major powers do not conduct nuclear tests and rather model them on the computer to get more accurate readings. NK only has to give $10m to some drunk poor Russian or Chinese scientist and they will have computer modelling available to conduct H-Bomb tests several times a day. It...