Raise capital for algorithmic trading?

C

centaurus

Hi there,
I am a young computer scientist and have been writing algorithmic trading systems for 8 years.

So far I've only ever traded with small amounts.

I've been working on a strategy for US stocks for years now and I would now like to take the step of getting capital.

How would i raise capital for my strategy or maybe get a position as a manager

I don't have a live track record with the strategy, only backtests and data feed simulations from 2002.

The strategy averages about 20% without any leverage whatsoever.

Before people say trade yourself, etc. that's what i intend to do, but my capital is simply too small to be able to live on it (at the beginning). Eventually I will have enough capital with compound interest but for now I would just like to try to get outside capital.


Companies such as FTMO etc. will not work because they have too little to offer in terms of stock selection

again: please no comments that you can't make it etc.
please answer only what options I have

I've contacted a few small hedge funds and asset managers, but replies are very rare.

Maybe some of you have ideas..

Regards
 
You can try your luck at Darwinex where there is plenty of people with capital to invest into systems.
I highly recommend start building a track record even if you can't live on it and its only about 5000.- capital. OPM doesen't come without track record usually. Btw - OPM has downsides. Did you study them? - do so before you invest your energy to achieve it.
 
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Why don't you have a live trading track record? You said you traded small amounts. A track record is pretty much the only path to raise funds. If your algorithm truly has an edge then put your own money on the line and build a track record. Your concern should not be how small your trading account is and neither SHOULD YOU be able to "live" from the returns. Keep an income generating job until you build that track record. There is no express path to riches. If you have an edge then you will be successful, BUT it will take time.

centaurus said:
Hi there,
I am a young computer scientist and have been writing algorithmic trading systems for 8 years.

So far I've only ever traded with small amounts.

I've been working on a strategy for US stocks for years now and I would now like to take the step of getting capital.

How would i raise capital for my strategy or maybe get a position as a manager

I don't have a live track record with the strategy, only backtests and data feed simulations from 2002.

The strategy averages about 20% without any leverage whatsoever.

Before people say trade yourself, etc. that's what i intend to do, but my capital is simply too small to be able to live on it (at the beginning). Eventually I will have enough capital with compound interest but for now I would just like to try to get outside capital.


Companies such as FTMO etc. will not work because they have too little to offer in terms of stock selection

again: please no comments that you can't make it etc.
please answer only what options I have

I've contacted a few small hedge funds and asset managers, but replies are very rare.

Maybe some of you have ideas..

Regards
More...
 
centaurus said:
Hi there,
I am a young computer scientist and have been writing algorithmic trading systems for 8 years.

So far I've only ever traded with small amounts.

I've been working on a strategy for US stocks for years now and I would now like to take the step of getting capital.

How would i raise capital for my strategy or maybe get a position as a manager

I don't have a live track record with the strategy, only backtests and data feed simulations from 2002.

The strategy averages about 20% without any leverage whatsoever.

Before people say trade yourself, etc. that's what i intend to do, but my capital is simply too small to be able to live on it (at the beginning). Eventually I will have enough capital with compound interest but for now I would just like to try to get outside capital.


Companies such as FTMO etc. will not work because they have too little to offer in terms of stock selection

again: please no comments that you can't make it etc.
please answer only what options I have

I've contacted a few small hedge funds and asset managers, but replies are very rare.

Maybe some of you have ideas..

Regards
More...

Where are you based. How many names in your portfolio on a typical day. Long only or long short. If the latter, neutral or biased.

GAT
 
centaurus said:
Hi there,
I am a young computer scientist and have been writing algorithmic trading systems for 8 years.

So far I've only ever traded with small amounts.

I've been working on a strategy for US stocks for years now and I would now like to take the step of getting capital.

How would i raise capital for my strategy or maybe get a position as a manager

I don't have a live track record with the strategy, only backtests and data feed simulations from 2002.

The strategy averages about 20% without any leverage whatsoever.

Before people say trade yourself, etc. that's what i intend to do, but my capital is simply too small to be able to live on it (at the beginning). Eventually I will have enough capital with compound interest but for now I would just like to try to get outside capital.


Companies such as FTMO etc. will not work because they have too little to offer in terms of stock selection

again: please no comments that you can't make it etc.
please answer only what options I have

I've contacted a few small hedge funds and asset managers, but replies are very rare.

Maybe some of you have ideas..

Regards
More...

You should have money as a computer scientist. You should be able to save up enough money to trade micros.

The rest takes care of itself.
 
David's faith said:
You can try your luck at Darwinex where there is plenty of people with capital to invest into systems.
I highly recommend start building a track record even if you can't live on it and its only about 5000.- capital. OPM doesen't come without track record usually. Btw - OPM has downsides. Did you study them? - do so before you invest your energy to achieve it.
More...

Thanks for the tip with darwinex, looked into them couple of years back. Maybe something I should consider again.
 
globalarbtrader said:
Where are you based. How many names in your portfolio on a typical day. Long only or long short. If the latter, neutral or biased.

GAT
More...

How many names in your portfolio on a typical day

About 18

Long only or long short
Long & short

If the latter, neutral or biased.
Sorry, English is not my first language, what do you mean by latter?
 
centaurus said:
How many names in your portfolio on a typical day

About 18

Long only or long short
Long & short

If the latter, neutral or biased.
Sorry, English is not my first language, what do you mean by latter?
More...

Are your long and shorts always the same risk (or same notional value = cash neutral, or beta neutral....)

Rob
 
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