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Is your fund a registered fund or exempt? If it's registered and you are trading for non-qualified investors you are prohibited from charging them a performance fee. If you are exempt then you are also exempt from that rule. I'm not a lawyer, just a guy who used to manage a hedge fund.

I was afraid it was made in China. Both my tools are about 20 years old and they are probably American made, considering the age. The only thing I buy for both is blades and I use them a lot. Simply terrific tools. I wouldn't trade either for anything. American's do "make" some good...

And how long before the sailors get lead poisoning.

Well...here are just two American products (hopefully made in America -- I'm too afraid to go out in my garage and check) that to this date haven't been matched and both have been around for a long ass time. http://www.skiltools.com/en/AllTools/Category/Product/default.html?pid=HD5860&cid=45...

If you want to see how a to run an extremely corrupt city or state simply come to the state of Illinois or the City of Chicago. I have a feeling that the reason Daley quit as Mayor is because he probably caught wind that the Feds were investigating him and were planning on prosecuting him right...

Can you tell who the banks are? Bernanke's response, "No...." <iframe width="560" height="349" src="http://www.youtube.com/embed/id04EMU6OIw" frameborder="0" allowfullscreen></iframe> From 1:36 Bernanke carefully says if the Fed is audited it will lead to Economic Instability. There's no...

The fact that Bernanke gave Congress the middle finger during the 2008 collapse when they asked where the money was going is proof enough to show who runs the show. The Fed can do whatever it wants with the US dollar and there isn't a darn thing Congress can do about it.

PLEASE tell me you don't really believe that. I wrote a lot more after this but decided to erase it because I'm not in the mood to get into some useless debate about the topic but I'm surprised to here you say this.

Exactly. The IMF, FED, ECB, whatever central bank you want to name, simply creates money out of thin air. The existance of Gold is somewhat immaterial as far as central banks are concerned.

+1 One and only one strategy will lead to financial ruin in the long run. A mean reversion system will fail miserably when volatility dries up, which has been the case up until recently. Now a mean reversion strategy is beginning to show some promise. The correlation between moderalte to...

I would agree in part. I spend more time analyzing my trading results than I do analyzing the markets but I don't spend all of my time analyzing the losers. I analyze the losers, relative to the winners and I'm espcially concerned with the amount of profit that is generated for a given amount...

I guess it depends on your strategy because the past month has been much easier for me. Gimme volatility anyday. It ain't the algo's. The environment is just changing. Develop a tool to measure volatility (or use an existing one) that makes sense to you and the light bulb should glow a bit...

What most people tend to miss, or fail to see, is if Big Ben is trying his darndest to avoid a depression and to that end, so far, he has been hugely successful. Take away the measures the Fed has taken, ingoring the fact that this mess was completely avoidable, and we would find ourselves knee...

Hooray! More debt, more QE, more low rates, more inflation. The dude is right about the frustratingly slow recovery but I'm not sure he realizes -- or maybe he does -- you can't stop a depression dead in its tracks and reverse it into a booming economy again. The missing ingredient is time...

try to explain QEI, II and possibly III to non finance or econ majors is like trying to talk to a brick wall. They'll understand fully when they realize that a drape has been drawn over the depression to make it appear like a recession/recovery. Once the Fed pulls the crack and the patient...

A few years ago I switched from a CPO to a CTA for a variety of reasons. It was the best decision I have ever made. My clients accounts are linked to mine so whatever I do in my account get duplicated in the client's account And as far as raising money from Institutional Investor...Jf they...

All Government stats are bullshit. The real unemployment rate in the US is somewhere around 17%. http://www.shadowstats.com/

All trading systems have their weaknesses, including mean reversion systems. It can get quite painful when the mean reverts to the price instead of vice versa :p You can't trade a mean reversion system unless you are measuring volatility. That's one of the biggest mistakes traders make...

Damn, I didn't think things were that dire. They are in more debt than many of the worst states. 15B? Ouch. The US Government can't allow the Post Office to fail. It wouldn't take much for the USG/Fed to print 15B out of thin air and fix the USPS. They simply can't go down. Get your...

Agreed. This will have to come to an end probably sooner than later but this is only one piece of the problem. The rest of the problems aren't going to end anytime soon. The US Government doesn't have a revenue problem, it has a spending problem Human nature I suppose. The US economy is...