You have seen with your own eyes in real time the fat tail RR my models delivered in the thread, yet the prop trading and the backers do not show any interest. Why? Because they know that their model is not about providing capital, or backing. It is about something else. Teachers also hate my thread, because it makes them look idiots in the eyes of their readers. Trading is a zero to negative sum game.
I've seen no such thing because your models do not appear to allow you or anyone to know in advance where you will enter a position. Prop trading firms and backers want to see an actual model in action, not you posting a trade entry after the fact and never posting the risk end of it (the price at which you'd exit for a loss). My models tell me in advance where I'm looking to go long or short. I can (and have) shared that information here on ET. I've also shared my max stop loss, so anyone following a trade I call knows where I'll be stopped out for a loss. Can you demonstrate something like this for even a day or two?
TJ, here's an example of my model setting up a positive R:R trade. My max stop on a CL trade is .15, my minimum profit target is .20, so the R:R is known in advance. Also the 94.83 LTL level called in advance turned out to be the low tick of the price turn leading into my long trade entry. http://www.elitetrader.com/vb/showthread.php?s=&threadid=178741&perpage=10&pagenumber=3404
prop trading do not exist as people seem to understand it from ads/etc. Their model is to take traders deposits and use exchange margins, and call it "firm capital". Their profit centers are interest charge, commissions, and a cut on the profits of winning traders (who win by chance, until they lose, and others replace them). Backers do not exist either. I believe people in this form are generally broke or of little means in terms of trading capital.
Post in real-time. I did not read past the first sentence, because because hindsight is irrelevant. Trading is a zero to negative sum game.
you have to licensed broker or investment advisor to solicit 'investments' or pushing securities. it's illegal for stocks. not for art projects. if you don't know financial industry is 'regulated' anyone selling investments to the public must be registered to finra, sec and pay a monthly fee for desk free and fee for malpractice like doctors or any profession.