Where to find investors?

ysam1991 posted:
Investors can't find managers, managers can't find investors... lol)


It's like a lot of women in the life of little men. Someone get someone need to wait long time for get or never get. Life its life.

I'm trader looking for investment, thats why I started this topic. If there is someone looking for trader, check my track record, even though it has nothing to do with my future performance.

platin posted:
why a website? this costs money a needs skills in webdesign and graphic design (if you want to look serious...)
Using a free hosting service, a standart content management template and some word graphics will not do the job :D.

It is so much easier to use social trading sites.

offcourse everyone is free to go the hard way, just for the fun.

I am not fully agree with you, I have created a website with free hosting and it helps me to find investors (The first one came from MyFXbook and now there are two guys that already invested some funds to my PAMM account and now they are waiting for a rollover to their funds will become added to my account. They visited my web-site and contacted me via contact form).
Dear pmjn87, visit my profile on MyFXbook.com, you will find URL of my web-site in 'Bio' section. maybe you will like it and you will create the same site, it is free.
There are some limitations for free using, but I think for the first time it will be enough for you.
Hope my advise will be helpful for you.

VlasovTrend posted:
I am not fully agree with you, I have created a website with free hosting and it helps me to find investors (The first one came from MyFXbook and now there are two guys that already invested some funds to my PAMM account and now they are waiting for a rollover to their funds will become added to my account. They visited my web-site and contacted me via contact form).
Dear pmjn87, visit my profile on MyFXbook.com, you will find URL of my web-site in 'Bio' section. maybe you will like it and you will create the same site, it is free.
There are some limitations for free using, but I think for the first time it will be enough for you.
Hope my advise will be helpful for you.

You have at least 6m of history, is the first person in this thread which is not like all another 'super hedge fund random martingale super safe trader'. Although you choose a weird broker to trade, maybe you are the part of broker's team and draw your history ? I not offend, have a question why you do not use another more reliable broker with much more investors on the board ?

Thanks.

That's why the most important is the person (as trader) you rely on instead of track record.

Cheers.

CrazyTrader posted:
That's why the most important is the person (as trader) you rely on instead of track record.

Cheers.

there might be some situations where a trader cant transfer his/companies track record. But in this case he is probably well known as trader. In such a case there is some evidence to rely on. But even in such a rare situation it is difficult to get initial funding. But for the retail market there should be a track record and a reliable regulation available.

pirate_joe posted:

VlasovTrend posted:
I am not fully agree with you, I have created a website with free hosting and it helps me to find investors (The first one came from MyFXbook and now there are two guys that already invested some funds to my PAMM account and now they are waiting for a rollover to their funds will become added to my account. They visited my web-site and contacted me via contact form).
Dear pmjn87, visit my profile on MyFXbook.com, you will find URL of my web-site in "Bio" section. maybe you will like it and you will create the same site, it is free.
There are some limitations for free using, but I think for the first time it will be enough for you.
Hope my advise will be helpful for you.

You have at least 6m of history, is the first person in this thread which is not like all another "super hedge fund random martingale super safe trader". Although you choose a weird broker to trade, maybe you are the part of broker's team and draw your history ? I not offend, have a question why you do not use another more reliable broker with much more investors on the board ?

Thanks.

Hi, Joe.
Please, sorry for my English - it is not my native language.
At first I want to say that I just wanted to give an advise to pmjn87, because he created this thread to get help and I hope my advise will help him, because from my experience it can help.
I am not sure that I understood what do you mean by "You have at least 6m of history, is the first person in this thread which is not like all another "super hedge fund random martingale super safe trader"". I am a usual trader, I have a lot of experience of trading, but I have created a PAMM account only in 2014 and I remember that I was really happy when I got first investments.
Why this broker? It is easy) I had a usual account with them and I am completely satisfied with their services

In forex talk is cheap. Only thing that counts are results. From my experience you need to get exposure by producing some results, than you will be contacted by investors daily. Problem is that lot of them are just trying to pull out some info. regarding trading and are not in the position to invest.

It is true : 'past performance is not indicative of future returns' ..... but it is a bloody good indication. A long track record with decent results will always outshine a short track record with very high returns.

It shows the manager can :
1. perform in good and bad market conditions.
2. manage his/her mental state - no over leveraging and revenge trading when the chips are down.
3. manage accounts, and i'm talking about back room operations - client management, accounting, audit etc.
4. manage style drift - as to not hop from system to system causing the funds to behave erratically.
5. has a solid strategy - that works i more than 1 market condition.

The manager being invested in his/her own fund ? That's also important to show the managers confidence in their own trading. Eating your own cooking, or so they say...

-------------------------------

https://my.morningstar.com/ap/quicktake/overview.aspx?PerformanceId=0P00008MEM

I do NOT manage this fund. I just work with the parent company.

Ask yourself why this fund alone is over USD100m, eventho'
1. 3 year CAGR 16% and 5 year CAGR is 20%.
2. Up front charge is 5%, even before your money is invested.

Why ??
1. Track record matters - almost 15 years.
2. Survived 1 major & 2 minor market meltdowns, and going through 1 more now.
3. 10y performance annihilated the benchmark.
4. Trading simple equities, no hedging, no derivatives, no levereage.
5. This fund has also survived a changes of fund managers - Solid long term strategy is in place. I'm not saying the cook isn't important, but the recipe must be pretty damn good.

So what does this all mean ? - After reading this thread, I'll leave you to decide which person knows what they're talking about, and whos just trying to paint a pretty picture of themselves, and the rubbish they're trying to pass off for facts.

wlk1 posted:
It is true : "past performance is not indicative of future returns" ..... but it is a bloody good indication. A long track record with decent results will always outshine a short track record with very high returns.

It shows the manager can :
1. perform in good and bad market conditions.
2. manage his/her mental state - no over leveraging and revenge trading when the chips are down.
3. manage accounts, and i'm talking about back room operations - client management, accounting, audit etc.
4. manage style drift - as to not hop from system to system causing the funds to behave erratically.
5. has a solid strategy - that works i more than 1 market condition.

The manager being invested in his/her own fund ? That's also important to show the managers confidence in their own trading. Eating your own cooking, or so they say...

-------------------------------

https://my.morningstar.com/ap/quicktake/overview.aspx?PerformanceId=0P00008MEM

I do NOT manage this fund. I just work with the parent company.

Ask yourself why this fund alone is over USD100m, eventho'
1. 3 year CAGR 16% and 5 year CAGR is 20%.
2. Up front charge is 5%, even before your money is invested.

Why ??
1. Track record matters - almost 15 years.
2. Survived 1 major & 2 minor market meltdowns, and going through 1 more now.
3. 10y performance annihilated the benchmark.
4. Trading simple equities, no hedging, no derivatives, no levereage.
5. This fund has also survived a changes of fund managers - Solid long term strategy is in place. I'm not saying the cook isn't important, but the recipe must be pretty damn good.

So what does this all mean ? - After reading this thread, I'll leave you to decide which person knows what they're talking about, and whos just trying to paint a pretty picture of themselves, and the rubbish they're trying to pass off for facts.

You are absolutelly correct.

Even though , there are some traders here just flashing they useless knowledge while still blowing demo accounts.

For me it is important that strategy survived 2008 and last couple of months on USD and JPY.

Also investable trader should also trade own money of minimum lets say 50 000 USD. Psychology of trading becomes different where there is lot to gain and lot to lose.

Also I agree on trading more instruments. System should be more or lesss universal anshould apply on all the markets.

Trading same system is questionable. I believe in ability to adapt and bent the rules if necessary. Confidence and expertise to do that is propably one of the most important aspects of sucessful trading.

Best regards

M

Trading same system is questionable. I believe in ability to adapt and bent the rules if necessary. Confidence and expertise to do that is propably one of the most important aspects of sucessful trading.

I think bending the rules from time to time to adapt to sudden fundamental changes is acceptable. Eg : closing USD positions during the 'end of tapering' announcements. Central bank intervention is something that cannot be ignored, especially when quantums are large.

However, advertising a position/trend trading strategy that holds positions for weeks, then 3 months later, changing to day trading strategy is a very big no-no. This is of course an exaggeration, but the investor needs to be informed, and will probably need to conduct full due diligence again, if there are any significant changes in the original system.

My USD0.0200 ...

wlk1 posted:

Trading same system is questionable. I believe in ability to adapt and bent the rules if necessary. Confidence and expertise to do that is propably one of the most important aspects of sucessful trading.

I think bending the rules from time to time to adapt to sudden fundamental changes is acceptable. Eg : closing USD positions during the 'end of tapering' announcements. Central bank intervention is something that cannot be ignored, especially when quantums are large.

However, advertising a position/trend trading strategy that holds positions for weeks, then 3 months later, changing to day trading strategy is a very big no-no. This is of course an exaggeration, but the investor needs to be informed, and will probably need to conduct full due diligence again, if there are any significant changes in the original system.

My USD0.0200 ...

Very good observation on my system crocodile.

I do not claim it to be perfect its up to investor to decide. But explanation is simple. It has been traded manually at different broker, coming to new broker i didnt have time for it so I launched it agains as semi automatic EA last week.

Also nothing changes. It still opens same trades with same rules. Those rules include two levels of liquidation - immediate and long term that may last months or years.

So rules were not bent my friend.

Simple enough ?

The last posting was not meant to criticize nor offend. It was a general reply to your earlier posting.

wlk1 posted:
The last posting was not meant to criticize nor offend. It was a general reply to your earlier posting.

No problem

An I fully agree with you. If you have investors you cant change system drastically. Thats just unporfessional.

By coincidence one of my account wasnt traded for some time than after restar It might seem like is doing something different.
I was just explaining circumstances :)

Best regards

M

myfirstmillion posted:


We have a fixed income plus some bonus if we get our budgets. We don't share profits.
We have guide line to follow on max DD (daily, weekly, monthly and yearly). We cannot break this rule or we have to stop trading.
For example if I have a monthly max dd of 5%, if at 10th of the month I reach this level, I have to close or hedge positions till the next month.

How is your TopPerformance real 100dollars accounts are going ? Does your >10years hedge-fund experience helps you to go out from your 30% DD on your stats ? :D

pirate_joe posted:

myfirstmillion posted:


We have a fixed income plus some bonus if we get our budgets. We don't share profits.
We have guide line to follow on max DD (daily, weekly, monthly and yearly). We cannot break this rule or we have to stop trading.
For example if I have a monthly max dd of 5%, if at 10th of the month I reach this level, I have to close or hedge positions till the next month.

How is your TopPerformance real 100dollars accounts are going ? Does your >10years hedge-fund experience helps you to go out from your 30% DD on your stats ? :D

Hmm what type of answer do you expect?

Igo1 posted:


Well why do you asking something like that, if i may ask?

It easy to see that he is never worked in any Hedge Fund, he is just kiddie trying to confuse people. Take a look at his systems, 2 of them is with >80% of DD for past 3 months. Does any sane hedge fund will hire that super-trader ? :)

pirate_joe posted:
You have at least 6m of history, is the first person in this thread which is not like all another 'super hedge fund random martingale super safe trader'. Although you choose a weird broker to trade, maybe you are the part of broker's team and draw your history ? I not offend, have a question why you do not use another more reliable broker with much more investors on the board ?

Thanks.

I use oanda because I've used it for many years and I have no problem with them. And no I'm not part of their team

pirate_joe posted:

Igo1 posted:


Well why do you asking something like that, if i may ask?

It easy to see that he is never worked in any Hedge Fund, he is just kiddie trying to confuse people. Take a look at his systems, 2 of them is with >80% of DD for past 3 months. Does any sane hedge fund will hire that super-trader ? :)

I just dont know this guy. I do not think any P/L would be a recommendation on such a small account but what do I know... All his descriptions sound not as a 'traditional' HF but he could be easily a trader somewhere.... why not.

He has some interesting opinions.... why not take these as benefit and let his myfxbook account be what it is....irrelevant