Anyone interested in managing an account

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

  1. bighog

    bighog Guest

    Cherry picking is a no no. Remember those days?

    Hillary Clinton surely can, to the tune of 100k....:D

    But the good news is that she has parlayed that adventure and others to be a shoein for the next President....:cool: :D
     
    #61     Dec 3, 2005
  2. Try Depthtrader, apparently he carries his name well, if you catch what i mean
     
    #62     Dec 19, 2005
  3. Have you guys missed this point? This guy "wanted" 8% /mn clear. So what happens after month 1 & your A) up 10% B) up 5%
    C) down 5% D) etc

    There are SO many questions and contingencies to work out that no top trader I know would waste time given his description.

    But if sussex wants to let me set up an account under my IB Master Account where I manage 3 family members money along with my own -- that's fine.

    E-Mail me sussex if interested -- I've got over 35 years experience including exchange floor trading & I'm living (very well)off my trading --> that's the best I can say as a reference, I don't claim to be the worls's greatest trader because if I was I'd be at a Hedge Fund or something like that.

    blue
     
    #63     Dec 22, 2005

  4. You nailed it right on the head!!
     
    #64     Dec 24, 2005
  5. i trade forex with my brain and can double your money in one month-year depending on your risk tolerance nasonov777@yahoo.com
     
    #65     Feb 10, 2006
  6. I have 82 day track record at 2-5% per month. The fund I trade for, charges a 2% management fee and a 20% incentive fee...

    Michael B.





     
    #66     Feb 10, 2006
  7. Hmm! Just a query here. You strike me as reasonable in your assessments. Let's work with a small number for discussion purposes, say $50,000. Based on 4% monthly you'd be looking for a return of $2,000 net. As a DD you'd be expecting no more than $2,500. I am assuming that the drawdown is per trading position. And you'd like the manager to not be paid until your net has been passed. And the plan is not for compounding as the monthly would be paid out monthly. In other words, the working/risk capital was $50,000 every month.

    Would there be a ceiling on the managers cut if it were to agree on those terms? How about the manager got 90% of everything made above the desired net number if it was exceeded by more than 20%? Sort of a no surplus no pay plan. :)
     
    #67     Mar 7, 2006
  8. keyser1

    keyser1

    Hello,

    I am looking for a account manager. I have $500 in savings. I expect 50% a month compounded, without any negative months. In exchange I will provide free lunch daily and the services of my wife once a month.
     
    #68     Mar 7, 2006
  9. $500 to about $65,000 for one year. That would be pretty good by any stretch of imagination. Even without the lunch and the wife! :)
     
    #69     Mar 8, 2006
  10. ktm

    ktm

    Lunch where? Post a pic of the wife, then we can define "services". Now we're talking.
     
    #70     Mar 8, 2006