This is old news and the market has already responded. The vast majority of funds still aren't going to generally advertise. Turn on the TV or...
There have always been laws against posting performance on a public forum/website in the US. It is considered "general solicitation". We are...
There is no bragging in this industry. The numbers keep score. If they're good, they're good. My last piece of advice would be to start...
When you state a max 10% DD are you referring to monthly or daily? FYI, while a required performance capsule only indicates peak-to-trough...
What you're describing is not at all compliant with the regs. He'd better not invite too much exposure.
Ironically, most groups who do what you are talking about actually realize a dramatic reduction in performance as compared to their small prop...
How do you know he doesn't have a track record? Did you request it in an email. By and large, managed accounts cannot post performance on public...
I think your experience mainly applies to the highly saturated spaces. Sure, if you go out there selling a long/short equity fund, you are gonna...
I don't really have to get into it with you Jack. It really has nothing to do with whether or not your trading was legal or profitable. It is...
Are you suggesting that a trader enter a contract with a capital allocator that includes a guarantee of income (aka guarantee of profit)? I'm...
Who is looking to invest $1MM, $5MM, or $20MM and give full trading discretion to a "normal person"? That is the whole point. When it comes to...
Yes, that does matter. Around here you'll see a ton of quotes about how "trading $1MM is the same as trading $100MM", or "$10K is no different...
Yeah, in the OPM management world, you'd never hold onto clients with high volatility. Even with 100% target returns, if you ever had a 50%...
You can start to get interest from individuals at about 12 months, but usually they'll need to know you first to have something to convince them....
I can't say one way or the other regarding your associate, but my rule is that anyone making fantastic claims should be absolutely willing to...
Firstly, really good traders don't make "20% per year on the low end". The best make 20% on the high end over anything more than a 10 year span....
My experience is similar to what Heech was sharing earlier in this thread. Try not to force things early on. Lots of wheel spinning while...
I should clarify that you seem to be talking about SEC regs whereas I'm talking about NFA and CFTC. There are certainly enough differences to...
To the OP's question. There is no longer a real reason to have to choose between trading and working a real job. Modern technology allows for...
I haven't read the entire thread, so don't know if someone already corrected this, but felt I should point out that this example is way off base....
Separate names with a comma.