I wonder if he has a legitimate way of showing that impressive performance?
I'll take that as a No.
The Most Legitimate Way Of Showing Ones Perfomance ?
- Thread starter Nobert
- Start date
I spoke to the institutional consultants about this yesterday, it's really funny what they said, advised if people [retail] are that stupid (my paraphrasing) don't give them institutional rates, they wouldn't know what to do with them, scale over the Alpha.
$100 capital - fee 80% of Alpha
$1k capital - fee 70% of Alpha
$10k capital - fee 60% of Alpha
...
$10mil capital - fee 30% of Alpha (institutions)
Going back to the original question, can you use a 3yr track record to show performance, you can but if you are receiving more than 50% of the Alpha (after fees) with below $100k capital and there is no institutional fintech/experience involved it will fail, in the past you had quarters and years to work out that moment thanks to QE, these days it's weeks and months thanks to QT.
Can reference you to the fund owner of a registered fund, but I'm not going to do that because you're not Accredited, and instead redirect you to one of Digital ETFs which will provide you pure Alpha, now back to my 72f not worrying about money management except for the family office, today around the world investor capital is toxic, the only toxicity I like is in my afternoon drink!
$100 capital - fee 80% of Alpha
$1k capital - fee 70% of Alpha
$10k capital - fee 60% of Alpha
...
$10mil capital - fee 30% of Alpha (institutions)
Going back to the original question, can you use a 3yr track record to show performance, you can but if you are receiving more than 50% of the Alpha (after fees) with below $100k capital and there is no institutional fintech/experience involved it will fail, in the past you had quarters and years to work out that moment thanks to QE, these days it's weeks and months thanks to QT.
Can reference you to the fund owner of a registered fund, but I'm not going to do that because you're not Accredited, and instead redirect you to one of Digital ETFs which will provide you pure Alpha, now back to my 72f not worrying about money management except for the family office, today around the world investor capital is toxic, the only toxicity I like is in my afternoon drink!
Maybe, one too many ?
Usually people start dropping ,,afternoon drink bombs'' on late Saturday, or Sunday afternoon.
Dude, stop. You're talking about five figures OPM. Family office.
https://www.elitetrader.com/et/threads/how-to-become-a-successful-trader.355051/page-32#post-5787683
%%
That gentleman posted earlier something like 1-2% a month[goal] + lucky to get half of that.
NOT sure what he means by luck, i dont believe in luck
12%-24% a year+''lucky'' to get half of that?? But Europe did have an unusual good JAN;
US SPY looks better now with about 12 minutes to FED jawbone
It truly is impressive the lack of consciousness everyone has today especially on this site, those numbers were for individual traders who book investor and manager alpha for themselves, it's easier for people who are corrupted by the stupidity of comments like yours to relate to a family office (which they can look up for themselves).
Instead of the true fact that if they are individual traders they are then Sovereign entities, these create a 150-200% return on capital per year, meaning if you make 20% per year are are not just a failure, but are truly beyond useless, your mind, body and soul are working at 10% capacity, apparently to everyone this is the definition of success
The other interesting point is if you make 200% on $50,000 is that better than making 20% on $500,000, given the great ponzi scheme of life that everyone and the world lives by, the $500,000 is always the chosen path because that means $500,000 is in play for the world to induce failure on and survive which is how you have lived your unfortunate life, on both sides.
Whereas if you only have $50,000 in play out of $500,000 you get to live because there is only 10% capital in play which matches the 10% capacity you have, making every trade close to zero risk, which is even better if you go to bed early, wake up early, do everything you need for the day by lunchtime and are free to then do whatever you want, read a book, play some golf, sit in the sun, something you could only ever dream of.
Instead of the true fact that if they are individual traders they are then Sovereign entities, these create a 150-200% return on capital per year, meaning if you make 20% per year are are not just a failure, but are truly beyond useless, your mind, body and soul are working at 10% capacity, apparently to everyone this is the definition of success
The other interesting point is if you make 200% on $50,000 is that better than making 20% on $500,000, given the great ponzi scheme of life that everyone and the world lives by, the $500,000 is always the chosen path because that means $500,000 is in play for the world to induce failure on and survive which is how you have lived your unfortunate life, on both sides.
Whereas if you only have $50,000 in play out of $500,000 you get to live because there is only 10% capital in play which matches the 10% capacity you have, making every trade close to zero risk, which is even better if you go to bed early, wake up early, do everything you need for the day by lunchtime and are free to then do whatever you want, read a book, play some golf, sit in the sun, something you could only ever dream of.
I don’t understand how someone so arrogant and apparently such a market guru thinks in such small dollar figures.
if you are trading for 100k annual pnl, that’s less than useless.
if you are trading for 100k annual pnl, that’s less than useless.
It truly is impressive the lack of consciousness everyone has today especially on this site, those numbers were for individual traders who book investor and manager alpha for themselves, it's easier for people who are corrupted by the stupidity of comments like yours to relate to a family office (which they can look up for themselves).
Instead of the true fact that if they are individual traders they are then Sovereign entities, these create a 150-200% return on capital per year, meaning if you make 20% per year are are not just a failure, but are truly beyond useless, your mind, body and soul are working at 10% capacity, apparently to everyone this is the definition of success
The other interesting point is if you make 200% on $50,000 is that better than making 20% on $500,000, given the great ponzi scheme of life that everyone and the world lives by, the $500,000 is always the chosen path because that means $500,000 is in play for the world to induce failure on and survive which is how you have lived your unfortunate life, on both sides.
Whereas if you only have $50,000 in play out of $500,000 you get to live because there is only 10% capital in play which matches the 10% capacity you have, making every trade close to zero risk, which is even better if you go to bed early, wake up early, do everything you need for the day by lunchtime and are free to then do whatever you want, read a book, play some golf, sit in the sun, something you could only ever dream of.
%%It truly is impressive the lack of consciousness everyone has today especially on this site, those numbers were for individual traders who book investor and manager alpha for themselves, it's easier for people who are corrupted by the stupidity of comments like yours to relate to a family office (which they can look up for themselves).
Instead of the true fact that if they are individual traders they are then Sovereign entities, these create a 150-200% return on capital per year, meaning if you make 20% per year are are not just a failure, but are truly beyond useless, your mind, body and soul are working at 10% capacity, apparently to everyone this is the definition of success
The other interesting point is if you make 200% on $50,000 is that better than making 20% on $500,000, given the great ponzi scheme of life that everyone and the world lives by, the $500,000 is always the chosen path because that means $500,000 is in play for the world to induce failure on and survive which is how you have lived your unfortunate life, on both sides.
Whereas if you only have $50,000 in play out of $500,000 you get to live because there is only 10% capital in play which matches the 10% capacity you have, making every trade close to zero risk, which is even better if you go to bed early, wake up early, do everything you need for the day by lunchtime and are free to then do whatever you want, read a book, play some golf, sit in the sun, something you could only ever dream of.
EASY for you to say in 2023
Those european ETFS beatt SPY by a bunch in JAN. USually USA SPY benchmark$ beat those ..........
Wisdom is profitable to direct.
Dont know if you beat QQQ, year to date + 10 years but that'$ your businessLOL??