and what is that number? Thx --------------------------------------------------------------------------------- I was considering to maybe using a slightly more conservative approach for the fund versus the personal account, however I am leaning strongly towards treating both accounts the same.
I am not sure I understand your question? Are you asking whatâs the maximum loss I could possibly have?
Ghost of Cutten: ok but the thing is you cannot crank out 30%+ EVERY Year. I have gains like 50% one year and -10% the year after etc..that avergaes around 25%-30% over a three year period. Is that what you are saying? Looks like you are saying 30% every year...which is impossible. I.M.H.O. ---------------------------------------------------------------------------------------- If you can make 30% a year, then how on earth can a typical small fund nut stop you?
MONTHLY UPDATE MAY 31 ⢠Personal account values as of todayâs close was $732,387. The account value in the beginning of the 2011 was 569k, a profit of 163k year to date which is around 28.7% return year to date. Below I have also included the monthly results since I started this thread. Value as of, Today May 31 -$732,387.00 April 30 -$711,869.00 March 31 -$645,827.00 February 28 -$616,668.00 End of 2010 -$569K. ⢠Incubator hedge fund: values as of todayâs close was $110,231 which is a $4,231 profit since fund inception (April 1st). (The total amount includes the 100k initial deposit plus the 3k "monthly" deposits.)Value as of April 30 was $107,030 I hope to have a longer post later today discussing some strategy additions, and plans fore the fund going forward.
Congratulations on your performance. Given that you appeared to have a long bias and a buy and hold type timeframe, I'm curious how you managed to turn in positive performance in March and May when the market was flat/down. Was it a matter of stock selection, short VXX (which would have been very profitable) or something else?
Congratulations on the success. However, spending more time finding a good attorney who is more than intimate with current SEC/NFA regulations with respect to what you can and most importantly, CANNOT say in public, that could be interpreted as "a solicitation" for a specific fund, based on "previously stated and/or published fund performance," would most likely be a very wise step. In other words - one might consider spending a lot less time on EliteTrader, in favor of a lot more time on Lexis Nexis Legal Advice Forums. There are lots of people over there asking about how to properly establish a variety of Funds.
Oh my, he's back. The "no risk" guy who took his DBFX account from $50k to $9k. With that performance you need not worry about any OPM entanglements.