Anyone interested in managing an account

Discussion in 'Trading' started by sussex, Nov 3, 2005.

  1. sussex


    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.
  2. A 100%+ a year with minor drawdowns?

    Whats minor? 5% , 10%, 20% or 30%?
  3. sussex


    not >10% ideally
  4. ktm


    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.
  5. 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.
  6. EPrado


    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
  7. ozzy


    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,
  8. Only one man can do it.

    Where is sKaLpZer?
  9. gkishot


  10. He will probably scalp the account instead of the market.

    #10     Nov 3, 2005