Quote from Don Bright:
OK, what's your percentage for backing this guy? Are you going into the "backing traders" business these days?
Just trying for some comic relief my friend....
Don
Don, after looking at some of these performance reports, I would back some of them. At least under the rules and restrictions TST is using. Of course this is cherry picking the winners. That guy that dropped 18k in one day I wouldn't go anywhere near. But that is what this combine is for.
To answer your question seriously, yes, I would. There is something fascinating about this model to me. It's a market within a market. I started that other thread Mav's combine as a way to internally work through the math of how this would work. There are many challenges to it. But Don, if you are asking me if I had to choose between collecting commissions from guys or p&l, I would choose p&l. Commissions, in my humble opinion are going to zero. Where as p&l is asymmetric. The key is to price the risk accurately.
