I'm Looking for Traders to Invest With
- Thread starter Doug Allen
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again you need to take a course in logic.
as a class hedge fund managers are not outstanding.
people should note the fact that you did not respond to my post. that the set up suggested by the OP would required a successful prop trader to trade 10X his current amount to get the same profit.
Quote from zdreg:
again you need to take a course in logic.
Sorry for replying late, I was attending a logic class.
the set up suggested by the OP would required a successful prop trader to trade 10X his current amount to get the same profit.
My logic class education says: successful prop traders don't need to apply.
Did I get it right???
P.S.: Doug said the split % is negotiable...
again you need to take a course in logic.
Sorry for replying late, I was attending a logic class.
the set up suggested by the OP would required a successful prop trader to trade 10X his current amount to get the same profit.
My logic class education says: successful prop traders don't need to apply.
Did I get it right???
P.S.: Doug said the split % is negotiable...
That may be, however, its important to note that the split will be from the 20% that the fund earns.....not based on the traders return from the gross.
surf
Hello Pekelo,
got your reply, I understand what you say, however I believe that you would not let anyone manage a lot of money, unless they have a track record.
Sure there are some good traders here, but why take the risk ?
People with over 3000 posts are trolls before they are trader. You are welcome to believe the very opposite, maybe you should apply yourself.
If you do and then you can make a lot of money, the moment YOU come back to this board to look for traders to manage your money, you can count on me
( by the way The Blair Witch Project, is the exception to the rule )
He won't have any money for you to manage, that is reality
got your reply, I understand what you say, however I believe that you would not let anyone manage a lot of money, unless they have a track record.
Sure there are some good traders here, but why take the risk ?
People with over 3000 posts are trolls before they are trader. You are welcome to believe the very opposite, maybe you should apply yourself.
If you do and then you can make a lot of money, the moment YOU come back to this board to look for traders to manage your money, you can count on me
( by the way The Blair Witch Project, is the exception to the rule )
He won't have any money for you to manage, that is reality
This is my last post for a while because I don't want to hijack the thread, and this is getting redundant....
Because picking HFs is just as risky? Can you guarantee that a HF with 3-5 years decent records won't have a bad year?? LTCM had 4 excellent years before blowing up...and I won't even mention Victor...
I'll tell you what. Since you want to help Doug with your advice and wisdom, why don't you pick 10 HFs for him? List here your choices and we will check back their preformances between March-December at the end of the year!
P.S.: The really good idea would be if Doug would be the sole investor, (traders trade only his money) thus he would get a 90-10% deal.
Because picking HFs is just as risky? Can you guarantee that a HF with 3-5 years decent records won't have a bad year?? LTCM had 4 excellent years before blowing up...and I won't even mention Victor...
I'll tell you what. Since you want to help Doug with your advice and wisdom, why don't you pick 10 HFs for him? List here your choices and we will check back their preformances between March-December at the end of the year!
P.S.: The really good idea would be if Doug would be the sole investor, (traders trade only his money) thus he would get a 90-10% deal.
Funds charge 20% of the profit, if they are LUCKY. more and more funds are taking 10% in this difficult environment.
How could Mr. Allen pay a "trader" more than the fund itself earns?
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