It`s everything!
System that works but lack the capital, please advise
- Thread starter longshort
- Start date
It`s everything!
Everything...is...Everything. -- Not One thing only is considered everything.
You have to look at the collective, whole picture of a given scenario or event or situation,
...and you'll see that things are rather incredibly complex,Everything...is...Everything. -- Not One thing only is considered everything.
You have to look at the collective, whole picture of a given scenario or event or situation,
With attracting OPM the risk factor is EVERYTHING!You can even have sort of a nonsensical idea with the sort of 100% warranty - you`ll GET that money 100%,sort of!
@longshort your simulation results are from a bull period (2009~2017). Do you also have simulation results from a bear market? For example the period 2007 ~ 2009?
Can't you modify your system such that it places only three/four trades per week? Your current system is set to only trade approximately 5 times per week so you would only need to slow it down a little.
Risk adjusted returns ?
What asset classes ?
Shoot me details. ajacobson@exitosus.com. We are outside of Chicago. Send me what you have as completely detailed as possible and we can chat next time your Chicago bound or I hit NYC about one a month. In fact I'll be in NYC next week. A compliance history and bond ability will be other issues we'll need to consider.
What asset classes ?
Shoot me details. ajacobson@exitosus.com. We are outside of Chicago. Send me what you have as completely detailed as possible and we can chat next time your Chicago bound or I hit NYC about one a month. In fact I'll be in NYC next week. A compliance history and bond ability will be other issues we'll need to consider.
I strongly suspect that a private collaboration may be your only realistic prospect, given your figures.
I think the 20% drawdown precludes any professional managers/investors/traders of OPM from being interested (and I know that would be my own employers' attitude).
You need only $50k (maybe even less) to start trading this, live, and gather some real-world evidence rather than just theoretical backtests? That's "small, private money" - you just need to keep one eye on the various laws and regulations relating to "soliciting investment", so that you don't suddenly find yourself up to your neck in violations.
Good luck!
You say your current capital is zero..
Have you ever traded live ?
Have you ever traded live ?
A MAN comes to me with a DEAL (selling, leasing, renting, partnership, co-venture etc) on VENTURE X.
I first look at the MAN not the DEAL, not the VENTURE. I’ve done this many times in the past, mostly on commercial real estate investments.
If I was interested, I would then want to de-cloak the OP and check-out all the details of his life. Work, education, credit reports, criminal background etc. After he made a voluntary disclosure, and if I was still interested, I would have to spend money on due diligence to get a good picture of the MAN compared to his version of himself.
There is a spectrum and type for all the people seeking capital. For example, at one end a young James Simons comes to me with a black box trading idea. He has credentials that simply are rock solid and impressive (him not his idea). That Nigerian Prince that keeps e-mailing everyone, not so much, he’s at the other end. At this time, this pitch is from an anonymous person on the internet, registered his account yesterday, says he is in the Netherlands but worries about U.S. regulation. That slides things more towards the side of the Nigerian Prince.
$25 to 50k is not much. Got a car, sell it. Go a to a bank get a loan. Get a cash advance on a credit card if the returns are that good. Why haven’t family and friends been approached? Who have you already approached and why have they turned you down?
Look at the MAN not the DEAL.
If I got involved with this (and I am not getting involved) and the blackbox was real, I would want to push $10 million through it. What happens to your blackbox when some serious money gets juiced through it? BTW, OP you would not get a piece of my $10MM. Best you get is a deal on the $50k that you seek, but I get terms to run your device as much as I want on my own.
@sle has the questions on the box, and they are not getting answered.
Already spent too much time on this, no soup for you, NEXT.
I first look at the MAN not the DEAL, not the VENTURE. I’ve done this many times in the past, mostly on commercial real estate investments.
If I was interested, I would then want to de-cloak the OP and check-out all the details of his life. Work, education, credit reports, criminal background etc. After he made a voluntary disclosure, and if I was still interested, I would have to spend money on due diligence to get a good picture of the MAN compared to his version of himself.
There is a spectrum and type for all the people seeking capital. For example, at one end a young James Simons comes to me with a black box trading idea. He has credentials that simply are rock solid and impressive (him not his idea). That Nigerian Prince that keeps e-mailing everyone, not so much, he’s at the other end. At this time, this pitch is from an anonymous person on the internet, registered his account yesterday, says he is in the Netherlands but worries about U.S. regulation. That slides things more towards the side of the Nigerian Prince.
$25 to 50k is not much. Got a car, sell it. Go a to a bank get a loan. Get a cash advance on a credit card if the returns are that good. Why haven’t family and friends been approached? Who have you already approached and why have they turned you down?
Look at the MAN not the DEAL.
If I got involved with this (and I am not getting involved) and the blackbox was real, I would want to push $10 million through it. What happens to your blackbox when some serious money gets juiced through it? BTW, OP you would not get a piece of my $10MM. Best you get is a deal on the $50k that you seek, but I get terms to run your device as much as I want on my own.
@sle has the questions on the box, and they are not getting answered.
Already spent too much time on this, no soup for you, NEXT.
