I am looking for a top performing trader to manage an account for me. Those interested will need to show an excellent long term track record with a reasonable sized account, minor drawdowns and a solid money management system. I wish to gross inexcess of 8% per month after commissions with an initial account of approximately $700,000. I will pay an performance/incentive fee of 25% of profits at the end of each month. A 'high water mark' will apply with a 2+ year investment horizon. I am based in Europe. Anyone interested please mail me initially.
8% a month with minor drawdowns? Yeah, that should be easy. LOL. By noon today, I expect you'll have about 10 funds who have sent you their records. I hope you haven't grown too attached to that 700K.
I ran through a database with fundmanagers and that gave me the following: based on a 36 months track record: ONE fund made the return you want: 96.20% annualized. Drawdown was 39.67% The second made 64.02% annualized with a drawdown of 45.64%. The best funds with less than 10% drawdown: annualized return of 46.24% with a drawdown of 7.78% annualized return of 32.98% with a drawdown of 6.65% annualized return of 27.57% with a drawdown of 8.70% Conclusion: keep on dreaming.
Correct me if I am wrong....but why would someone who can make 8 percent a month (which is pretty damn impressive), take a deal that only pays out 25 percent? This same person could go to just about any prop shop/someone who backs people and get a minimum of 50 percent.....I have a buddy who just got backed by someone who gives him a 50 percent cut of profits...and isnt making crazy demands
Hi Everyone. I am also looking for someone to manage a large account. I am looking for 25% return per month and maximum annualized drawdown of 3%. Please PM me if you are interested. Thanks and Regards, ozzy