If it's so easy, why don't you get on board the gravy train yourself?What a country we live in, most can't get close to the Index averages and make millions/billions.
If it's so easy, why don't you get on board the gravy train yourself?
Hedge fund mangers are supposed to give absolute returns (low beta) in up or down markets. SPX was up 23% in 2017. The guy who got 41% return was probably levered stocks and Im pretty sure he would be hurting if the market was down 5% instead!
Good on ya. Hope it works out!Actually, been working to this new goal started 18 months ago with my best buddy on programming automation, start off private 2-3 years, then see if we want to go with just institutional-much less headaches and having to find talented employees as many hedge funds have hundreds they are seeking being open to the public. We are expecting end of year of going live with a scalping/day trading system I have developed, then onto long term commodities, then stocks. Am at an age where I don't know if I go beyond ten years from now as I be 72 then and partner never started any business before, so it be interesting and fun.
Hedge fund mangers are supposed to give absolute returns (low beta) in up or down markets. SPX was up 23% in 2017. The guy who got 41% return was probably levered stocks and Im pretty sure he would be hurting if the market was down 5% instead!