Starting a Hedge Fund

to invest in a hedge fund, you have to be a qualifyed investor, the rules define what such an investor is,,,,,,,same as the privite placement rule......try and get a few hundred thousand from a qualifyed investor with Zero reputation on the street....
 
Quote from ertrader1:

and for the record.....some idiot trader with no track record, is going to get funding from prospect clients for a hedge fund.

The legal fees alone are almost 40g, and to top it, SLK isnt gona be ur clearing firm as a scrub startup, ur not gona get great leverage either as a no-name........the hedge fund process requires a lot more than just raising the captial...that is the easy part.

All this hedgefund talk on ET is hot air.

How do i know about hedgefunds...because i trade for one now.
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Not Really hot air- I've been in this business for about 25 years and I know some of the top moneymaking independent traders - a number of these folks have run very large hedgefunds, perhaps bigger than the one you are affiliated with.

A number of these people cashed out of their hedgefund businesses and left them to others since the headaches associated with handholding all the accredited investors was a big pain and they could make more money with less hassle without taking outside funds.
 
not talking about you specific....talking about the Word Hedgefund as its thrown around this site so often....

I belive you as far as ur post. Don's examples was the HEDGEFUND word thrown around again.
 
The fund i trade for is closed to new investors, has been for a while.

The hand holding is not an issue that im familuer with....as i just started to trade with what im doing now (been trading for a while but tryed to do the scalping thing..wasnt my game.


I know the RULE 501 (a) helps to weed out the potential crybabies as does the "risk" statements given by the many H.F.s to clients.

All thought the H.Fs are not regulated by the SEC, they are monitoring them like crazy and trying to create more of a regulative process that they can apply to H.Fs.
 
Get a hold of Paul Roye's report given to Harvey Goldschmid of the SEC....says it all, even though it was sometime last year when the task was taken to the SEC.
 
Quote from DT-waw:

What happens if poor trader will lose $50k or 5% from 1M - more than his $25k stake? You'll yell at him?
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He won't get past $24,999.00; unless it is a gap against him ...
 
the expanded trading rule for 4.5 entities and the Exemptions from CPO and CTA registration under "certain conditions, as well as the Patriot act along with ERISA rules, following the Offshore funds.

Like the rest of the market.......IT AINT GETTING EASYER, thats for sure.
 
Quote from metooxx:

He won't get past $24,999.00; unless it is a gap against him ...
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Quote from metooxx:

He won't get past $24,999.00; unless it is a gap against him ...
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Understandable - Bright Trading it's not a charity org.
Oh, there's a better deal. You can daytrade $1M value with your own $25k using futures. All profits go to your pocket :D
 
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