Recent Content by trdwl

  1. TheOpenFund L.P - Anyone ever heard of them?

    Mr. Anthony, You are not a hedge fund. You are a proprietary trading operation. Hedge funds are funded by limited partners that do not have any...
    Post by: trdwl, Jul 30, 2006 in forum: Professional Trading

  2. TheOpenFund L.P - Anyone ever heard of them?

    This is not a hedge fund. Displays many of the elements of a scam. At best a highly risky endeavor.
    Post by: trdwl, Jul 25, 2006 in forum: Professional Trading

  3. Trading options

    The two most important calculations would be to determine Delta and Gamma. Delta is the ratio comparing the change in the price of the...
    Post by: trdwl, May 17, 2006 in forum: Professional Trading

  4. Switching from "House money" to my own money

    And at some point in your career, the statistical likelihood is that you will snag all twenty hooks at once on a log and get pulled into the...
    Post by: trdwl, Feb 3, 2006 in forum: Professional Trading

  5. Bright position on HF vs. PS

    The most obvious reason is related to risk. Using the parameters you defined, the hedge fund manager can trade $40 million without using...
    Post by: trdwl, Feb 2, 2006 in forum: Professional Trading

  6. IPO Hedge Fund Position question

    They will have you develop relationships with institutional "sales traders" by running a lot of cosmetic trades at full commission. That is,...
    Post by: trdwl, Jan 16, 2006 in forum: Professional Trading

  7. My Story- Lessons learned

    I would never attest to the reliability of anyone's testimony on an internet site. However, It is worth taking into consideration that it is...
    Post by: trdwl, Jan 3, 2006 in forum: Professional Trading

  8. Hedge Fund Startup & Ongoing Costs

    Interesting. I was affiliated for many years with a $5 billion fund, $2 billion of which was domiciled in Grand Cayman. We never experienced any...
    Post by: trdwl, Dec 15, 2005 in forum: Professional Trading

  9. Hedge Fund Startup & Ongoing Costs

    Understood. May I ask, was that transaction post 9/11?
    Post by: trdwl, Dec 15, 2005 in forum: Professional Trading

  10. Hedge Fund Startup & Ongoing Costs

    Mokwit, Not trying to be adversarial here, but in point of fact I believe the negative connotation you refer to applies to the banking industry...
    Post by: trdwl, Dec 15, 2005 in forum: Professional Trading

  11. Hedge Fund Startup & Ongoing Costs

    Most reputable offshore fund administrators are based, or maintain a major presence in Grand Cayman (as well as BVI and Channell Isl., and a few...
    Post by: trdwl, Dec 15, 2005 in forum: Professional Trading

  12. Switching from "House money" to my own money

    Not to beat a dead horse, or trying to be adversarial here, but I certainly am not trying to break anyone's spirit. It just seems to me we're...
    Post by: trdwl, Dec 11, 2005 in forum: Professional Trading

  13. Switching from "House money" to my own money

    In my humble opinion, the "sure trade" referred to above doesn't exist. Every scenario presents a multitude of unique trading choices each of...
    Post by: trdwl, Dec 11, 2005 in forum: Professional Trading

  14. Switching from "House money" to my own money

    Unbiased advise: Save up until you have 4x that amount of capital, and use 1/4th that amount of leverage. You will increase your odds of success...
    Post by: trdwl, Dec 11, 2005 in forum: Professional Trading

  15. Need help breaking a disasterous habit

    If the market is sending you a mixed message, it might behoove you to step back until the message congeals. Market conditions often fail to...
    Post by: trdwl, Nov 12, 2005 in forum: Psychology