I want to raise $10 million to trade...

Quote from Ripley:

I live in an Apartment. My parents talked me out of buying a house because they felt I am at a formative stage and I might have better job offers elsewhere.. Then, if something like that happened, then it would be a hassle to sell the property quick enough etc and get the money you paid etc...

Didn't I say that I have a Masters...

Attack of the Clones, now.. huh? :D
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Do your parents live in an apartment too?
How did you have the time to trade and go to college plus grad school?
How do you trade and work as an analyst for a financial company?
Isn’t it illegal?
 
Quote from dwitherell:

That's right. My CEO told me "I believe in you." Hearing that made a positive difference in my life. That positive difference flowed to my clients, friends, family, etc.,

Ripley, I'll be waiting for tickets to the 08 Superbowl too. We'll drink a beer to Capitalism, and spend some money that was earned using true grit, and hard work. Don't let me down!
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Long live the dream!

if ripley has the moxi to carry it out, he may just make it.

much negativity on elite lately. stock market top imminent.

surf:)
 
Quote from brokerboy:

Do your parents live in an apartment too?
How did you have the time to trade and go to college plus grad school?
How do you trade and work as an analyst for a financial company?
Isn’t it illegal?
More...

What is this? Am I on a trial or something....

I don't want to spill all my secrets in here... :(

But, no.. my parents have their own home and they are thinking about buying up couple more houses that are for sale on the same subdivision.

The rest.. I choose not to answer because I believe I was extremely creative in how I executed it.

I think my philosopy teacher in college was right.. The one thing I do have is an "extraoridnary imagination"... and that's it.
 
i only read the first few pages, and i want to encourage you in your endeavours, but as best as i know, you run a risk by advertising, as you most likely have no licsening and registrations with the authorizing agencies. better to look into it prior to proceeding, (but i gotta admire your can-do-it attitude, reminds me of when i was younger)

as far as capital, if you have access to 200,000 from relatives, thats a fair amount with which to begin, and many legendary traders, in fact most of them, began with much, much less.

if you find that isn't enough for you, then tell your ma and pa i'll be happy to trade their 200k.
 
Quote from Ripley:

What is this? Am I on a trial or something....

I don't want to spill all my secrets in here... :(

But, no.. my parents have their own home and they are thinking about buying up couple more houses that are for sale on the same subdivision.

The rest.. I choose not to answer because I believe I was extremely creative in how I executed it.

I think my philosopy teacher in college was right.. The one thing I do have is an "extraoridnary imagination"... and that's it.
More...

I only had professors in college but I totally agree with what your teacher told you.
 
I hate to see this poor little guy asking for a mere 10 million dollars on a Superbowl Sunday and everybody making fun of him.

I mean, can't we all be a little more "compassionate"?

He is just asking for 10 million from people with "money to burn" who are "financially illiterate" and won't ask too many questions...

If that's not cute, what is ?

:p
 
To make 1M from 100k, you just need 30% return,... if you don't have to pay tax. Is that your return rate?

A lot of people here have better return than that, so you have to improve your record.

But if you can automate your stuff so there is no emotion involved, 30% might be OK.

Setup a website,..., post daily return on P/L 2007 thread, people might come to you.

Manage money is my dream too, but I am afraid my record won't impress anyone here, made only 30% last few years, market might crash this year I think.
 
If a fully automated system produces an average 10% return per year over ten years but the worst drawdown was 20%...would that be attractive to potential investors?
 
The risk free rate of return right now is nearly 5%? Anyone dreaming of managing money needs to understand benchmarking and putting your returns in the appropriate risk/return context in relation to a benchmark.
 
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