What to do with a profitable strategy?

Discussion in 'Professional Trading' started by quantprof, Apr 23, 2020.

  1. I’m independent
     
    #11     Apr 23, 2020
    • Borrow money to scale up. Wealthy friends/family. Mortgage your house. You can deduct your interest costs from your taxes.
    • Find a prop firm willing to back you with huge leverage (not recommended, high risk of strategy being stolen)
    • Sell the strategy. You will somehow need to convince the buyer that it is legit w/o revealing the edge during negotiation.
    • Trade OPM. Set up some kind of mini fund or advisor account structure (I think you can do this at IB) where you are able to charge huge performance fees (50%) and find a bunch of clients.
     
    #12     Apr 23, 2020
    ironchef and d08 like this.
  2. Borrow money from friends...
    if you want to loose your friend just do it. Sorry, son.
     
    #13     Apr 23, 2020
  3. Atikon

    Atikon

    Copytrading? I'm hesitant to recommend it, because I haven't researched it yet, but it might be smth worth looking into
     
    #14     Apr 23, 2020
  4. In 90th in NYC guy borrow money from his mutual friend. Got the 90th crush. Police found him sliced in parts. God forbid...
     
    #15     Apr 23, 2020
  5. You can not transfer your strategy to somebody’s head.
    This is like you are putting your brain in ones head. Only you may handle this.
     
    #16     Apr 23, 2020
  6. It makes sense if you know what you are doing. OP says he has a sortino ratio of 10, positively skewed strategy. Borrowing as much as possible sounds like a no-brainer.

    I've personally borrowed money for my trading since I started, and I'm very pleased with the results. As are my lenders, since I pay them rates they cannot find anywhere else.

    his handle is quantprof. I'm guessing this is a quant strategy, not discretionary.
     
    #17     Apr 23, 2020

  7. Trenton NJ. You'll know when you see him... a dude in a ratty bathrobe muttering to himself in Mandarin. He's the only dude on here dumb enough to buy into your BS.

    Small amount of money after 4 years of a 10 Sortino. F outta here.
     
    #18     Apr 23, 2020
  8. In my opinion, you need to have 15k min to start. 5k each day since two days trade confirmation needed. If he is great he may triple it and got 15k per day. For 15k per day he can make $$$ relatively easy. Glad you did your way successfully.
     
    #19     Apr 23, 2020

  9. My apologies. My cat is going to translate your last.
     
    #20     Apr 23, 2020
    d08 likes this.