Starting a fund / raising capital

Discussion in 'Professional Trading' started by doublet83, Apr 21, 2012.

  1. What is your long/short percentage and leverage? April is on Par?
     
    #321     May 5, 2013
  2. 134% long, -76% short, roughly speaking in the long term portfolio. Net long exposure would be somewhat lower considering some covered call positions. Do have about another 50% long 50% short a strategy who's role is purely to improve tax efficiency, that I don't consider as part of this number, but should be minimal risk. Will sometimes take additional significant positions in an intraday basis in addition to the long term portfolio.
     
    #322     May 6, 2013
  3. Again impressive results in any aspect.

    njrookie
     
    #323     May 6, 2013
  4. So 2x leverage ang 2:1 long/short ratio

    Interesting, I am using the same long/short ratio but 1x leverage, so 66% long and 33% short, and get half your return .

    Which tool do you use to pick stock? Your average holding period for the short?

    I cannot get 2x leverage at interactive broker. Approximately 1.3x maximum due to some small cap stock. Are you using broker that give you full 2x overnight margin? You only deal with large cap stocks?
     
    #324     May 6, 2013
  5. I get close to 7x margin at IB. Yeah its pretty much all large caps.
     
    #325     May 6, 2013
  6. Hi, doublet83.
    Did you calculate your Sharpe ratio? Not everyone will will agree, but it could give a first estimate of the risks you are taking, though the low drawdown should hint to a nice value.
     
    #326     May 23, 2013
  7. Hi, doublet83.
    Did you calculate your Sharpe ratio? Not everyone will will agree, but it could give a first estimate of the risks you are taking, though your low drawdown should hint to a nice value.
     
    #327     May 23, 2013
  8. mickson

    mickson

    Hi Doublet83,

    We seed traders on your type of journey I only read the first and last page of this thread, check out RAPA if you are interested. We focus on risk adjusted returns and score your performance based on our own methodology.

    Good luck.

    Mike
     
    #328     May 23, 2013
  9. Its about 5 on a LTM basis. Perhaps not as high as you would expect given significant monthly volatility of returns, mostly to the upside.
     
    #329     May 24, 2013
  10. I've glanced at this several months ago.

    The fact that I need to give away account statement authority or something like that is a deal breaker to me. I'm not about to do this for a stranger on the Internet.

    Also, I'm not sure if there are regulatory issues to consider.

    Finally, the amount of capital we're talking about raising via this channel seems uninteresting to me.
     
    #330     May 24, 2013