Anyone interested in managing an account

Cherry picking is a no no. Remember those days?

Hillary Clinton surely can, to the tune of 100k....:D

But the good news is that she has parlayed that adventure and others to be a shoein for the next President....:cool: :D
 
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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Try Depthtrader, apparently he carries his name well, if you catch what i mean
 
Have you guys missed this point? This guy "wanted" 8% /mn clear. So what happens after month 1 & your A) up 10% B) up 5%
C) down 5% D) etc

There are SO many questions and contingencies to work out that no top trader I know would waste time given his description.

But if sussex wants to let me set up an account under my IB Master Account where I manage 3 family members money along with my own -- that's fine.

E-Mail me sussex if interested -- I've got over 35 years experience including exchange floor trading & I'm living (very well)off my trading --> that's the best I can say as a reference, I don't claim to be the worls's greatest trader because if I was I'd be at a Hedge Fund or something like that.

blue
 
Quote from blue2and2:

Have you guys missed this point? This guy "wanted" 8% /mn clear. So what happens after month 1 & your A) up 10% B) up 5%
C) down 5% D) etc

There are SO many questions and contingencies to work out that no top trader I know would waste time given his description.

But if sussex wants to let me set up an account under my IB Master Account where I manage 3 family members money along with my own -- that's fine.

E-Mail me sussex if interested -- I've got over 35 years experience including exchange floor trading & I'm living (very well)off my trading --> that's the best I can say as a reference, I don't claim to be the worls's greatest trader because if I was I'd be at a Hedge Fund or something like that.

blue
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You nailed it right on the head!!
 
I have 82 day track record at 2-5% per month. The fund I trade for, charges a 2% management fee and a 20% incentive fee...

Michael B.





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.
More...
 
Quote from Mike805:

~50% per annum is ~4% per month which is exceptionally good considering 5% MaxDD (~ = approx). As a client I would very satisfied with that arrangement given a track record of good risk control, preferably for greater than 2 years. My only contention would be to waive the management fee entirely and offset it by with a slightly higher performance fee. I personally believe in the "if you're not making money then the manager doesn't get paid approach".

Mike

EDIT: 50% Net ROI, fees would have already been subtracted so the actual gross performance would have to be higher.
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Hmm! Just a query here. You strike me as reasonable in your assessments. Let's work with a small number for discussion purposes, say $50,000. Based on 4% monthly you'd be looking for a return of $2,000 net. As a DD you'd be expecting no more than $2,500. I am assuming that the drawdown is per trading position. And you'd like the manager to not be paid until your net has been passed. And the plan is not for compounding as the monthly would be paid out monthly. In other words, the working/risk capital was $50,000 every month.

Would there be a ceiling on the managers cut if it were to agree on those terms? How about the manager got 90% of everything made above the desired net number if it was exceeded by more than 20%? Sort of a no surplus no pay plan. :)
 
Hello,

I am looking for a account manager. I have $500 in savings. I expect 50% a month compounded, without any negative months. In exchange I will provide free lunch daily and the services of my wife once a month.
 
Quote from keyser1:

Hello,

I am looking for a account manager. I have $500 in savings. I expect 50% a month compounded, without any negative months. In exchange I will provide free lunch daily and the services of my wife once a month.
More...

$500 to about $65,000 for one year. That would be pretty good by any stretch of imagination. Even without the lunch and the wife! :)
 
Quote from keyser1:

Hello,

I am looking for a account manager. I have $500 in savings. I expect 50% a month compounded, without any negative months. In exchange I will provide free lunch daily and the services of my wife once a month.
More...

Lunch where? Post a pic of the wife, then we can define "services". Now we're talking.
 
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