Have the system - need the capital ! Looking for a fund or job

hi Silvermotion, I have looked at wealthlab many times, there is no way you will find a stable system return 1000% over many different symbols on a consistent basis, they don't adapt to market changes and only work on one symbol, thanks anyway
 
Quote from leeb:

Well if a fund or private investor isn't interested in the kind of gains I have made with this system that's their loss.. I thought I would try this approach but maybe I just should start with a small investment and be patient. It's a shame as with a good sum of money invested it would grow so much quicker. I can understand everyone's doubts but I have lived and breathed the markets for over 6 years so this system didn't come about overnight. Cheers

get a trading job with a prop firm and use their money on top of your deposit.

use your Monaco connections.

form an investment club.
 
Quote from Siddhartha:

Just to illustrate the point... I had a couple of meetings with Golman Sach's prime brokerage unit last year and they made it very clear that it was difficult to attract outside investment from serious investors even with an excellent live trading trackrecord on say $5m USD...

The market for funds was being dominated by the very big hedge fund guys. And investors wouldn't take anyone seriously with sub $25-50m...

Right. Have seen these guys as well 2 years ago and got the same story. Larger institutional investors won't even look at a fund with less than $200mln.
To be able to get capital with GS support they told me I needed a track record of 2 years with a minimum AUM of $20mln.

The good old chicken and egg situation.

Anyway, I started my fund with my own money and friend/family and slowly trying to build the track record (easy part) and get more capital invested (hard part).
 
Barrons had a story last year about a guy with a couple of decades experience and 50+ million AUM who couldn't get to the next level because of the institutionalization of the hedge fund industry. It's no longer 2 guys with a Bloomberg terminal type of business.

Leeb, your naivite is staggering, and I'm being kind in saying just that.
 
I appreciate the feedback but don't appreciate being called naive - I have dedicated many years to trading and am far from inexperienced. Maybe I was hoping for too much when I started this thread, I will take the former suggestions of starting an investment pool of money from family and friends into account and less focus on the hedge funds etc, it is their loss if they don't have the imagination to work with the smaller players. I know I will succeed one way or the other. Maybe I'll post an account statement with real money soon to show the doubters on here it can be done :)
 
Quote from leeb:

I appreciate the feedback but don't appreciate being called naive - I have dedicated many years to trading and am far from inexperienced. Maybe I was hoping for too much when I started this thread, I will take the former suggestions of starting an investment pool of money from family and friends into account and less focus on the hedge funds etc, it is their loss if they don't have the imagination to work with the smaller players. I know I will succeed one way or the other. Maybe I'll post an account statement with real money soon to show the doubters on here it can be done :)


Open a trading account with for example MF Global and build up your track record, if any good, they will contact you..
 
you better develop quickly a thicker skin to handle criticism whether justified or not.
some people have given you more of the benefit than you deserve. to say that the hedge funds are the losers does show a lack of maturity. to say you have the equivalent of the holy grail shows a lack of a connection to reality.
 
Quote from leeb:

Well if a fund or private investor isn't interested in the kind of gains I have made with this system that's their loss.. I thought I would try this approach but maybe I just should start with a small investment and be patient. It's a shame as with a good sum of money invested it would grow so much quicker. I can understand everyone's doubts but I have lived and breathed the markets for over 6 years so this system didn't come about overnight. Cheers

You have a successful systems but have no money. That is not going to make anyone think "it is their loss" The onus is on you, not on companies who you think they are missing the boat.

People like you are a nickel a dozen
 
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