I wouldn't say there's a long bias by design, but since markets on average tend to rise in the long run, the long bias will follow accordingly....
In principle I think you are right, but isn't that what everyone tries to do, i.e. identify and exploit different market regimes? By the way, we...
Good points, thanks! I have several systems, however they are sort of designed with different objectives in mind, e.g. some are aiming at absolute...
Backtesting SR is about 2.0 in backtesting which was done for a total of 5 years, this system only trades S&P500 e-minis. The degradation is...
This all depends on how you define "edge"? For me it can mean anything, but in my particular case it means that I'm able to generate a signal time...
Thanks for your input. The thing is, I have other trading systems, but the problem is that the clients wants THIS particular system, hence I'm out...
No holding period longer than a day (i.e. no overnight position), average is typically a few hours. Annualized standard deviation of daily...
Thanks, will PM you shortly!
Hi all, I've been running a futures trading system now successfully for the last 3 years, with annual returns ranging between 80-120%. Last 6...
Yes, I've been seriously mulling over this issue, I definitely agree with you! Thanks for the advice.
I agree! I mean, technically I can accomplish what they can accomplish, but in a longer period of time, however vice versa doesn't hold true...
Another related topic: Is "giving away" 60% of the ownership too much? I mean, by doing so these two partners together can theoretically override...
Got it, will think about a setup along this line of thinking, thanks for the input!
What could a duration clause look like then? Simply give them, say 3 months, to raise X dollars in capital, otherwise the option will expire and...
If there's an expiry date on the option, would this then simply mean that the agreement has to be renewed, based on the current valuation on the...
Yes, but how to mitigate the "long option" conundrum? By stating that their deferred payments can only be done 1) by their own cash infusion,...
Thanks for your feedback. To answer your two bullets above: 1) I don't live in the US and the main place of business is outside of the US so tax...
Well, if there's one thing I've learned is that IP protection clauses are merely a tool for litigation, if the IP dissipates irreparable damage is...
I got another piece of advice from a veteran hedge fund manager and he suggested to have another option clause to give me the opportunity to buy...
You mean that if the "exercise the option" at a late stage, what you are saying is that they get a bargain if the valuation is much higher at that...
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