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Monetize Strategy Trader Retail

  #31 (permalink)
 
Alvaro_BreakAlgoTrading's Avatar
 Alvaro_BreakAlgoTrading 
Espaņa
 
Experience: Advanced
Platform: Ninjatrader
Broker: Phillip Capital
Trading: NQ, CL, NG
Posts: 57 since Sep 2015
Thanks Given: 12
Thanks Received: 15


bobwest View Post
Moderator Notice
Moderator Notice



Please delete my answer.

Thank you so much


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  #32 (permalink)
 
AllSeeker's Avatar
 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
Trading: NIFTY, BANKNIFTY
Frequency: Daily
Duration: Minutes
Posts: 1,424 since Jan 2019
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tigertrader View Post
This is going back 15 years to 2007. I had a BIG year and I contacted a Wall Street firm who was looking for portfolio managers /third party managers for their own account. They provided the infrastructure and the capital. Of course, you had to have a track record, and implementable and scalable strategies. Unfortunately, they didn't allow remote trading. You had to trade out of their office in Manhattan. I don't remember the exact details; but, after all was said and done, I would have had to make 5X what I had made that year to match that years income. Given the capital, I felt that goal was obtainable, but I didn't want to move or commute to NY, so I turned them down. Never regretted it, either.

Just out of curiosity, how did they check this?

I can understand checking track record.

Also, in this kind of deal do they offer direct profit sharing or fixed salary?

Sorry for silly questions here but I had to ask.

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  #33 (permalink)
 
tigertrader's Avatar
 tigertrader 
Philly, Pa
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader
Trading: ES, ZB
Posts: 6,482 since Jul 2010
Thanks Given: 6,662
Thanks Received: 36,258



AllSeeker View Post
Just out of curiosity, how did they check this?

I can understand checking track record.

Also, in this kind of deal do they offer direct profit sharing or fixed salary?

Sorry for silly questions here but I had to ask.


It was essentially a qualitative assessment on their part, and it was a profit-sharing agreement.

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  #34 (permalink)
 
Alvaro_BreakAlgoTrading's Avatar
 Alvaro_BreakAlgoTrading 
Espaņa
 
Experience: Advanced
Platform: Ninjatrader
Broker: Phillip Capital
Trading: NQ, CL, NG
Posts: 57 since Sep 2015
Thanks Given: 12
Thanks Received: 15


tigertrader View Post
This is going back 15 years to 2007. I had a BIG year and I contacted a Wall Street firm who was looking for portfolio managers /third party managers for their own account. They provided the infrastructure and the capital. Of course, you had to have a track record, and implementable and scalable strategies. Unfortunately, they didn't allow remote trading. You had to trade out of their office in Manhattan. I don't remember the exact details; but, after all was said and done, I would have had to make 5X what I had made that year to match that years income. Given the capital, I felt that goal was obtainable, but I didn't want to move or commute to NY, so I turned them down. Never regretted it, either.

Great history! Thanks for sharing your experience.

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  #35 (permalink)
 IsaacBillion 
Tel Aviv Israel
 
Experience: Advanced
Platform: NT8 TOS TV
Trading: Futures Stocks
Posts: 14 since Nov 2022
Thanks Given: 216
Thanks Received: 5


Alvaro Martinez View Post
Hello

I'm working with stop loss and take profit, at the end day always I'm flat. I attached the screenshots of NQ that it's the instument thay I'm working all days.


Captura de pantalla 2022-10-31 171902


Captura de pantalla 2022-10-31 171940


What TimeFrame are you working?
I see avg less than 1 trade per day.
Do you work Daily bars, 12hr bars, 6hr bars, 1hr?
Is your strategy good even for faster bars?

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  #36 (permalink)
 
Alvaro_BreakAlgoTrading's Avatar
 Alvaro_BreakAlgoTrading 
Espaņa
 
Experience: Advanced
Platform: Ninjatrader
Broker: Phillip Capital
Trading: NQ, CL, NG
Posts: 57 since Sep 2015
Thanks Given: 12
Thanks Received: 15


IsaacBillion View Post
What TimeFrame are you working?
I see avg less than 1 trade per day.
Do you work Daily bars, 12hr bars, 6hr bars, 1hr?
Is your strategy good even for faster bars?


Hello

Yes, I'm working with Range Bars.

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  #37 (permalink)
 IsaacBillion 
Tel Aviv Israel
 
Experience: Advanced
Platform: NT8 TOS TV
Trading: Futures Stocks
Posts: 14 since Nov 2022
Thanks Given: 216
Thanks Received: 5


Alvaro Martinez View Post
Hello

Yes, I'm working with Range Bars.

Thanks.
Of what range? 10 ticks?

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  #38 (permalink)
 
Alvaro_BreakAlgoTrading's Avatar
 Alvaro_BreakAlgoTrading 
Espaņa
 
Experience: Advanced
Platform: Ninjatrader
Broker: Phillip Capital
Trading: NQ, CL, NG
Posts: 57 since Sep 2015
Thanks Given: 12
Thanks Received: 15


IsaacBillion View Post
Thanks.
Of what range? 10 ticks?

Range 9.

Bye

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