I'm Looking for Traders to Invest With

[Loki]

Quote from Pekelo:


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!

Yes you are right about LTCM however why try to find professional traders in an online forum ? I believe there are better places.

By the way I did not really want to help Doug. I just wanted to help the people who reply to him. It is never what it seems.

I trade my own money and I am doing well. I have no desire of trading other people money, I assume other pro traders would feel the same way, but hey I hope I am wrong, and I wish the best to the people who reply to his offer.

 

[nqtrader]

Quote from marketsurfer:

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?

Mr. Allen is treating you as a "fund" as he's putting together a "fund of funds" (FoF). The fund, that's you, take 1%/20% and the FoF, that's Mr. Allen and associates, charge 1% or 2%/20% on top after the individual fund/trader has taken their cut.

Some ppl don't like FoF for that reason. Two, sometimes three layers of fees if the individual fund hires outside traders. The value add is that the FoF puts together a good mix of funds and does all the due diligence. FoF provides the expertise in putting together a non-correlated basket of funds that go well together to smooth out the equity curve. Thus the justification for the added fee. A good FoF should also change capital allocation amount between the fund managers within the fund and also add/delete funds as needed.

 

[dafeeder]

Maybe Doug has a lot of money like Prince Al-Waleed to make a few risky investments or maybe he should go find some of the great traders that took down all these banks.

 

[Sushi]

Quote from nqtrader:

Mr. Allen is treating you as a "fund" as he's putting together a "fund of funds" (FoF). The fund, that's you, take 1%/20% and the FoF, that's Mr. Allen and associates, charge 1% or 2%/20% on top after the individual fund/trader has taken their cut.

Some ppl don't like FoF for that reason. Two, sometimes three layers of fees if the individual fund hires outside traders. The value add is that the FoF puts together a good mix of funds and does all the due diligence. FoF provides the expertise in putting together a non-correlated basket of funds that go well together to smooth out the equity curve. Thus the justification for the added fee. A good FoF should also change capital allocation amount between the fund managers within the fund and also add/delete funds as needed.

You really have no clue, do you?

No wonder madoff was able to get away for so long.

 

[Sushi]

Quote from dafeeder:

Maybe Doug has a lot of money like Prince Al-Waleed to make a few risky investments or maybe he should go find some of the great traders that took down all these banks.

He is a wannabe who lives in Midwest who took a tony Robbins course and now thinks he ca
N. Yes he can yes he can yes he can. Like the little engine that could.

 

[Signate67]

Quote from Sushi:

He is a wannabe who lives in Midwest who took a tony Robbins course and now thinks he ca
N. Yes he can yes he can yes he can. Like the little engine that could.

Well said Sushi, your post sums up Doug Allen perfectly in one short sentence.

 

[Sushi]

Thankyou

Plus this is assuming the guy is honest and not a slimey email marketor gathering names for a remote viewing course from his gf patty

Any way you slice it. The guy is extremely naive about the business. Lots of tony robbin words but no substance or knowledge. It's very funny to watch the desperate naive and struugling flock to any glimmer of a saviour

 

[Sushi]

Clearly based on his own words the guy is one of too things

1. A naive wannabe money manager desperate for an edge who turned to remote viewing to see the future and tony Robbins to handle stress LOL!

Or

2. A diabolical manipulator salesman who preys on naive poor and desperate. Evil

I like to think number 1. But These evil manipulators are dedperate themselves in this evonomy and will stop at nothing to keep the warm bodies coming in works in tricky ways

 

[davidmaria1]

Doug hasn't posted in 8 days. I would say, at this point, he is indeed Brad Allen. A fictional character. I have not seen 1 post from any forum contributor who has received any further input/results/methods/contracts, etc. from him.
Do not feed the bears (trolls).

 

[joemiami]

Quote from Sushi:

Clearly based on his own words the guy is one of too things

1. A naive wannabe money manager desperate for an edge who turned to remote viewing to see the future and tony Robbins to handle stress LOL!

Or

2. A diabolical manipulator salesman who preys on naive poor and desperate. Evil

I like to think number 1. But These evil manipulators are dedperate themselves in this evonomy and will stop at nothing to keep the warm bodies coming in works in tricky ways

I pick option #2

.........people like him should have their ISP address recorded and be banned from this site...PERIOD