Jack Schwager discusses FundSeeder, a free platform to find undiscovered worldwide trading talent

Discussion in 'Wall St. News' started by dealmaker, Jul 4, 2016.

  1. %%
    I agree;
    except i hate the word luck -so i call that a small sample.

    And '' the'' top of the real estate market is so small ;
    i may ask the REALTOR what to call that-LOL.....
     
    #41     Jul 7, 2016
  2. dealmaker

    dealmaker

    Wisdom from elite traders - Jack Schwager interview



    Fundseeder part of the interview is from minute 59:00 to 1:20:00
     
    #42     Jul 13, 2016
  3. 28Pairs

    28Pairs

    They give you an option to report your results using "NLV" :
    The NLV is the Net Liquidation Value of the account--i.e., the cash value of the account if all open positions liquidated at their settlement values.
    Or "Constant NAS":
    The NAS is the Nominal Account Size as defined by the trader as the base to be used for calculating returns instead of the NLV. The NAS may be preferable to the NLV for calculating returns for traders using substantial margin (e.g., FX, futures). For these traders, using the NLV to define the account size will overstate both returns and risk. The NAS is subject to the restriction that it must be larger than the NLV. If on any day the NAS is lower than NLV, then the NLV will be used for the return calculation. The trader can always manually redefine the NAS at any time to be effective for future returns only (with change implemented with 2-day lag).
    but , "Substantial Margin" is subjective I guess, what is substantial?
    I personally use "NLV", but they do provide that option, FYI
     
    #43     Jul 14, 2016
  4. Another alternative, take 1k and go to roulette , bet all of it in red or black, if you win, bet all the money (2k) in red or black again, if you are lucky and win for consecutive 10 times, congratulations., you are millionaire.

    This is more fun and faster than aiming 50% return per annual.
     
    #44     Jul 17, 2016
  5. dealmaker

    dealmaker

    What if my broker is not on FundSeeder; will you consider my data?

     
    #45     Jul 28, 2016