Quote from Handle123:
LOL, that's is pretty funny actually. I can see you never owned businesses before and worked with employees. Oh, I don't draw a salary, so guess I should pay them nothing? I don't believe in religions cause God didn't make them, people like you did, bet you voted for Obama too.
I don't tell jokes, I just read other folks posts and laugh all the way to the bank. And since I have no relatives, when I croak, 99% will go to Homeless Shelters in my area and those close to home. But tell you what, in my will I will give you 99 pennies cause you ain't worth a buck. ROFLMAO
Quote from Handle123:
LOL, that's is pretty funny actually. I can see you never owned businesses before and worked with employees. Oh, I don't draw a salary, so guess I should pay them nothing? I don't believe in religions cause God didn't make them, people like you did, bet you voted for Obama too.
I don't tell jokes, I just read other folks posts and laugh all the way to the bank. And since I have no relatives, when I croak, 99% will go to Homeless Shelters in my area and those close to home. But tell you what, in my will I will give you 99 pennies cause you ain't worth a buck. ROFLMAO
Quote from HeSaidSheSaid:
60% and 40% seems fair to me
you get 60% of the earning since you put up the risk capital and infrastructure plus maintenance cost. your traders are your workers. they earn their living by providing labor in this case is trading in exchange for the wage.
you can be flexible with your super trader(s): 20% and 80% arrangement perhaps.
Quote from igotcash:
500,000k isn't much for a top tier trader. my wife will divorce me if I don't make 650,000 and we almost broke up when my bonus was just under 200k last year.
might
Quote from Ironplates:
i am the founder of a private non regulated investment operation that looking for some traders.
what is an effective way to manage traders and the best way to compensate them and retain them?
Quote from Handle123:
We are progressing slowly real time so as to fully automate my "Holy Grail" method. Once completed staff will start next system, they will never run out of systems to trade as I am expanding to other instruments and ideas I never had time to consider before I hired all of them. Since January, I been trading med term and day trading Commodity Spreads, I see why BONE has done so well all the years, they been heck easier to trade than outright positions, but one does have to study them much more and comparing seasonals in past helps. Have found ways to get losing percentages extremely low by using Commodity ETFs as a hedge when spread going wrong way.
Hi Handle. I 100% agree that commodity spreads are great but why would you hedge them with ETFs? I could see if you were doing an arb play when they role the contracts but just to hedge a calendar spread makes little sense to me. Does your "Holy Grail" system apply to commodity spreads?