Anyone interested in managing an account

Quote from EPrado:

The problem isnt the drawdowns....its who in their right mind would trade for only a 25 percent cut on a small account like 700k. Horrible deal.
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How about a structure like this:
Gross Returns => Incentive Fees => Max DD
40.00% => 20.00% => 10.00%
60.00% => 30.00% => 15.00%
80.00% => 40.00% => 20.00%
100.00% => 50.00% => 25.00%

and a client can choose what (s)he wants from these options? :)
 
You want $56K a month on $700K. I can do $10K every a month on $700k using 2:1 margin with about 3% drawdowns. Anything more than that and I would have to risk more than 5%.

nitro
Quote from sussex:

I am looking for a top performing trader to manage an account for me. Those interested will need to show an excellent long term track record with a reasonable sized account, minor drawdowns and a solid money management system.

I wish to gross inexcess of 8% per month after commissions with an initial account of approximately $700,000. I will pay an performance/incentive fee of 25% of profits at the end of each month. A 'high water mark' will apply with a 2+ year investment horizon.

I am based in Europe. Anyone interested please mail me initially.
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Quote from spike500:

I ran through a database with fundmanagers and that gave me the following:

based on a 36 months track record:

ONE fund made the return you want: 96.20% annualized. Drawdown was 39.67%
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Actually no one was able to make the requested return.
8% a month (after fees) is 251% a year when compounded (1.08^12). I'm guessing the thread starter wants their money compounded, or else wheres the challenge?

Now, just to make sure everyone gets this right. 8% a month after fees is ~10.7% a month before fees. 10.7% a month = 338% annualized.

If I could do that, I'd only have to start with $1000, compounded at 338%, within 10 years I'd have $194 million.
If we were to start with 700,000, that would make $136 billion, putting you on the cover of forbes.

So goodluck with that.
 
Quote from sussex:

I am looking for a top performing trader to manage an account for me. Those interested will need to show an excellent long term track record with a reasonable sized account, minor drawdowns and a solid money management system.

I wish to gross inexcess of 8% per month after commissions with an initial account of approximately $700,000. I will pay an performance/incentive fee of 25% of profits at the end of each month. A 'high water mark' will apply with a 2+ year investment horizon.

I am based in Europe. Anyone interested please mail me initially.
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This is a joke, right?
 
Hey,

as I stated earlier ... I'd be damn happy with a 15% annual return with no monthly drawdowns - can anyone do it? I might even allow a 1% monthly drawdown, but this should not occur more than 1 month in a 12 month period.

It's hard to believe, but there was actually a time when the 30 year T-Bond was yielding 15%!

http://finance.yahoo.com/q/bc?s=^TYX&t=my


Regards,

Slave2Market
 
Quote from risktaker:

I could do 60-100% per year BUT not with the acct in your name. Why? I'm not interested in disclosing my trading techniques and strategies. This is why you may have to go with a hedge fund which is properly set up to manage OPM. Most good traders are not going to give away their techniques to somebody who may turn out to be a hedge fund and invite tons of competition for his fills.
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excellent points.
 
Quote from rwk:

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Regarding drawdowns, I still have not found a way to distinguish an normal 50% dd from and account that is down 50% on its way to being down 100%. :D
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What about those abnormal dd's?
:D
 
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