jj90, No offense, if you are successful with decent account size, why not continue, instead of tried to raise AUM? Perhaps mere millionaires and billionaires have different mindsets and objectives?
I did. Takes me maybe 30 mins per day depending on market conditions to look over the portfolio. Suits me better where I am in life anyways.
I would,but there is issue.I need to trade a little bit of size in order to make it hard to decipher.Complicate things,make it confusing.Because when account grows i am sure there will be eyes taking a close look why does this happen. Happy and healthy New Year!
Thank you for taking time to reply.You give me not only professional view but also what professional would answer to me,simply send me on a way home. I could trade in prop shop in London,i know people who would give me this opportunity,i am not going to take their offer.I like to be like Don King you know promote myself to the top,strategy is there.I do tests every day,slowly.To sum it up more profit than losses.I have 16 years of data to base my tests on and i pick spots randomly and than calculate the signal from there.It ranges from 70 to 105 signals a month,stop loss is hit about 23-34 % of the time.What i really like is consistency.This is why i have confidence about giving back the profit at the end of each year.That in itself is a thing hard to match.I be playing safe here and say if this all works. Happy and healthy New Year!
This is why i got interest in this field of trading.Way back in mid to late 90s i met few of those guys and they did not impress me.Yes they were intelligent,but my thought was they don't add value,must be often wrong just like everybody else.Seriously this is why i got interest in this,i started reading all the books i could find.I thought half of it was just a show off,i was not impressed i said to myself i could learn this "game".But i tell you the truth it was very very hard,if i had to do it again i might not want to.I was in period when one's learning is the most productive and at the same time think logically on your own.After all i still think it was my personality getting interested when nobody wants and doing things differently that made most impact.I remember those meetings like yesterday,because you know before i though they were all like super humans. Happy and healthy New Year ! PS.I don't want to sound too cocky,it was all because the subject is randomness,it is like an even playing field.In every other profession i would not have this line of thoughts.Randomness equally humbles everyone.
@Van_der_Voort_4 : I fully support your enthusiasm. I'm just letting you know the reality of the situation.
Point taken.I like criticism,must prepare much better.Planning to talk to business people who have little to do with trading,Angel Investors and such.
If you could elaborate more,which British Shops you have in mind? You can answer in private thread if you want.I heard of Dsquare. Thank you in advance. Personally I have far more respect for Americans as I lived previously in USA and like the mindset.Also if Americans make money they let others make money,Europeans will look for first opportunity to steal IP and want all for themselves. Sometimes i catch myself thinking every year I spend in USA was a privilege. That's all in the past more or less.