Discussion in 'Making Money' started by marusia, Dec 31, 2011.
Sounds like this should be in joint ventures. You'll get more responses there.
I have a firm that provides me with quantitative trading advice across commodity, debt, equity and FX markets. Options, Futures, and Cash.
The firm basically finds out when there is a large long or short that needs to liquidate a position.
For instance, an institutional player is Long a stock and the stock is tanking, and they need to liquidate their position. But it is not easy for them because they have a huge position on. So by them liquidating their position they cause the price to plummet even further.
I, via the firm, take advantage of that.
What I want are people here who are interested in shadowing my trades and individuals that can help market this with me.
I have made 85% on a $5K account for the month of December. I could have made more but decided to cap the maximum position size
Follow me and let make money together.
Or in Disney.
Long term Walt would be drawing pics of characters to represent you.
Thanks for the tip.
... But Walt Disney is dead...
As should this offer.
There's potential... just move the thread to the lounge. I'd then post fonejacker youtube videos and comment about investing the 100 billion ugandan shilling worth of gold I inherited from the late Mr. Mugabe, according to his widows' email I just received.
Or maybe you're right, and just removing the thread is the best way to go about this .
everyone would love to invest in these kinds of JV...which return 85% of capital investment..
l love to join this JV...
you are going to have to put up proof
what do you get out of people following you?
Real big positions are not traded straight on the market, and as such, don't create any movement.
I need more details on that.
We just need to deposit 5k into their account first. right?
Look just because I made 85% does not mean someone else will. It is a FUNCTION of position size. I do not know if people here are familiar with the Kelly Criterion, but in general it is a way to bet optimally. After a certain point, if you bet too high, EVEN IF YOU HAVE A HIGH EXPECTANCY EDGE, you can lose a high percentage of your money.
So the question is WHAT IS REALISTIC. Realistic is 50% to 150% per year. I am very confident about that percentage.
But many people simply want more. They are not happy with 100%. Especially if they have a smaller account of $10K. If you make 100% on $10K during one year, you make $10K for the year. That does not even cover rent for one year. That is why the adage money makes money is just true. The more money you have the more the money becomes disposable and certain fixed costs in life become negligible relative to your bankroll.
Hence on a smaller account I swung for the fences. On a larger account I would be much more conservative.
To refine my statement. On a smaller account you can make a high percentage on your money, especially once you start betting 25% to 50% per trade idea.
On a larger account risking more than 10% per trade is not warranted and hence per year one should realistically expect 50% to $150%.
Very simple plan
1) You watch the trades
2) If you like the trades that you just watch you open an account with however the hell you want. I would suggest a DIRECT ACCESS broker because fees are much smaller and execution is better.
3) After you make money you pay me a consulting fee. The key word is after.
As you can see from the above our interests are aligned.
I do not know for sure but I have a reasonable suspicion that you would need a series 7 or some such license to collect a fee in the US.
You may want to check so you don't get in any trouble with some agency.
Just a friendly head's up.
Thanks for heads up Bass Tracker.
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