Search results

That's probably the case here, note the "hahaha" in the thread title as if he's glad they blew up. Yeah, haha it sure is funny all those people lost their money isn't it?

These are kids, newbies and pikers for the most part.

One consideration to keep in mind with a HF vs. CTA/CPO structure is regulation. While registering as a CFTC/NFA regulated entity is easier, if you deal in anything regulated as a security you may fall into SEC required registration as an RIA and be subject to ADV filings - or state filings.

I don't know that there is a formal written rule from any of the governing bodies. There are a number of firms who throw anything out as a record just to look like they've been around for a while. Some note the distinction between their prop account and fund accts, others don't. Institutions...

You have some serious issues. You say you just want others opinions about the direction of managed futures but you keep dredging up this thread again and again to tell everyone how bad they suck every day. Since you claim to manage money for others, are you forthright about your dire...

It is an asset class - one that can provide valuable diversification to a portfolio. Just like stocks and bonds, representative indexes have good years and bad years. An investor also needs to pick and choose managed futures funds on an individual basis, just like stocks or bonds.

IB trades only electronic markets. If you are trading electronic markets only, then I would say IB will provide the most comprehensive list of tradable products. If you have a need for pit access, you will need an additional broker.

My accountant uses TradeDepot, although the auditor had a harder time reconciling the outputs against IB's statements. I'm told it is the cheapest that does an acceptable job...no equities here.

Congrats IB. Indeed well deserved.

Nick, I would recommend against getting a marketer. Your listings and CTA registration are still brand new. Your record is good, albeit brief. I would recommend focusing on continuing to churn out solid returns month after month and the calls will come. Marketers will want a cut. If you...

Me too!!!!

Agreed. On IASG, check out Diamond, BC Cap Mgmt and Zenith. All have longer records and consistency, albeit nothing thru the roof. All started very small and each is seeing good money coming through the door now. I believe two of the three went from about 1M to 10M+ in the past year...

If you are a good trader...in that you provide a solid market beating return consistently, funds will find you. I don't think marketing is necessary. You can list with a few of the databases (Barclays etc...) and just focus on your returns and keeping the company running. Just my opinion.

Keep in mind, a reported 20% return by a fund is AFTER all fees, the only thing remaining is your tax liability, which is true of any investment vehicle. I don't see all the fuss about what the manager makes, provided the returns are substantially above market - and positive annually regardless...

Here are 2 examples: Fictional prices but you get the idea. ES 1090 Put, Bid 10 Ask 11 ES 1150 Call, Bid 10 Ask 11 I want to sell both. Selling at the bid would mean a credit of $20. I would like to offer fair value for the spread, or $21. I would like to put this order out as a...

Me too. Big time. I am so tired of legging these things. You have to be Wyatt Earp on the keyboard and knock off small pieces all day long. That would allow us to give the MMs what they say they have always wanted - spread orders instead of legs. The YMs are going to overtake the DJs...

Yes. I cannot fathom the attraction to the equity index options, when the futs options are nearly identical in every way except the far better margin treatment. I just wonder if people realize the difference. And it would give me a lot more people to trade with and tighten the spreads.

IB does not trade the pit contracts for futures options.

Take a look around on some of the databases. AutumnGold, Barclays and IASG (among others) list several hundred CTAs, some have pretty decent performance. Autumngold is beefing up their site over the next few weeks to allow more flexible searching and metrics. IASG is pretty solid in terms of...

Thanks Max. Much appreciated. Aaron, Your answers, guidance and advice are plenty valuable here. Good money managers are judged by far more than their last few months of performance.