Search results

  1. Robert Morse

    So let's assume that a trader has indeed

    I remember when I was trading full time, vacations were hard. I was an independent option MM so I always had inventory. I had to reduce my risk for 2 to 3 trading days, then not make money for a week and the cost of the vacation. When it was slow, the last thing I wanted to do was not make money...
  2. Robert Morse

    So let's assume that a trader has indeed

    That is a good question, but I do not have a line, it is more of an over all comfort level I get.
  3. Robert Morse

    So let's assume that a trader has indeed

    Since I has to google for what they are, no they are no metrics I look at.
  4. Robert Morse

    So let's assume that a trader has indeed

    Unfortunately, for those of us that did not take that path, that Bio gets you in the door to make your pitch.
  5. Robert Morse

    Which software has Volume profile, Orderflow, footprint all in one ?

    I do not know any on the equity side that has those.
  6. Robert Morse

    So let's assume that a trader has indeed

    You are all correct on the performance fee, my bad. Sorry about that.
  7. Robert Morse

    So let's assume that a trader has indeed

    One more quick comment for those that are looking to start a hedge fund. If I'm a great home cook and can make awesome food for my family and friends, that does not mean I can do the same for a restaurant feeding 200 to 300 people per meal with front of the room and back of the room staff. Just...
  8. Robert Morse

    So let's assume that a trader has indeed

    That is not the way it works. There are no guarantees. If I put up $100,000 to invest in a hedge fund my money is at risk and those risks are on the disclosures. The 2% often just covers employees, accountants, Admins, office space etc. If they do not make money, most hedge funds General...
  9. Robert Morse

    So let's assume that a trader has indeed

    I would not invest with a manager that does not have "skin in the game." Most do.
  10. Robert Morse

    So let's assume that a trader has indeed

    It is a matter of direction and scale. If you choose to go it on your own and can make the money you want to make on your own, then that is your path. If your goals or expectations are larger, you need scale. "Small" hedge funds manage $5mm to $50mm. Yes, that is my opinion. Some say small is...
  11. Robert Morse

    So let's assume that a trader has indeed

    That is a hard question to answer, as I do not know your strategy or target investor. If you are going to target wealthy investors vs allocators, I'd say the minimum for futures would be $100K and the minimum for Equity/Options is $250,000, but they are not hard numbers. The less access you have...
  12. Robert Morse

    So let's assume that a trader has indeed

    The question was , what is the next step? If you do not have an interesting strategy with acceptable risk reward, that is the end of your journey. We work with a number of small hedge funds that have formed their LP and LLC and only use their funds or an angel investor to build that track...
  13. Robert Morse

    So let's assume that a trader has indeed

    I agree 100% with SunTrader. A minimum of 12 months of trading just that strategy and then get it verified.
  14. Robert Morse

    Will the company announce the release date of its financial guidance?

    Most companies, on their website, offer the ability to sign up for news updates under investor relations.
  15. Robert Morse

    Databento - Direct market data feeds for everyone, built by former HFT traders

    Thank you. Is it also fair to say that for live data, this is more of an Institutional offering and not for the retail market? and, the back testing data and futures live and back testing data might be more apt to be targeting both retail and Institutional clients from a cost stand point?
  16. Robert Morse

    Databento - Direct market data feeds for everyone, built by former HFT traders

    Sophia-Can we assume your live streaming data is subject to non-display fees for equities, option and futures?
  17. Robert Morse

    An Introduction to the Lightspeed Trader Platform July 13 5:30 PM EST

    I have and will respond to any question here as long as it is a response that compliance allows. Remember, I work for a regulated broker dealer.
Back
Top