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I have developed a great trading system. Now what!!


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I have developed a great trading system. Now what!!

  #21 (permalink)
 
Minds's Avatar
 Minds 
PERU/CALLAO
 
Experience: Advanced
Platform: Various
Broker: Various - (MC, CQG, IQFeed, IB)
Trading: US Futures and Equities, US Options, ETFs, Commodities, EUR/USD
Posts: 82 since May 2013
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jonc View Post
how much are you managing in the account which is up 18%?

Currently, the AUM is above 5 and under 100M USD. Can not give more details.

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  #22 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
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@Minds Cool to know that you persevered and are still in the game. Congrats and best of luck ahead.

@ReaM No, there's no need to set up an offshore fund if your investors are subject to U.S. taxation. In fact your costs probably go down about 3-4x if you manage to stick to U.S. investors. This often applies to small CPOs or hedge funds that are starting up. That said, if you want to go after large institutional investors, chances are that they are set up in an offshore jurisdiction in some way.

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  #23 (permalink)
 danchada 
Atlanta GA
 
Experience: None
Platform: TradeStation
Trading: Gold
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I agree with shoson, with your track record you shouldn't have a problem setting your business up. I suggest you stick to improving your track record and hire some asset manager to handle the business side of things.


shodson View Post
What do you mean when you say it's time to go pro? I mean, if your system is working then just trade it. If you mean "go pro" to be run a hedge fund or manage other people's money, then the next step is to set up a business to do such that and shop your track record around. Lots of asset managers are looking for good money managers to trade funds for them. You should really talk to some "pro" that does what you want to be doing and look for advice from them on how to get into the biz.


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  #24 (permalink)
 
Minds's Avatar
 Minds 
PERU/CALLAO
 
Experience: Advanced
Platform: Various
Broker: Various - (MC, CQG, IQFeed, IB)
Trading: US Futures and Equities, US Options, ETFs, Commodities, EUR/USD
Posts: 82 since May 2013
Thanks Given: 56
Thanks Received: 38


supermht View Post
linkedin.com

I have tried that for the last 6 years. It is not working as expected.

On the other hand personal friends and real face to face interactions produced much better results.

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  #25 (permalink)
 
Minds's Avatar
 Minds 
PERU/CALLAO
 
Experience: Advanced
Platform: Various
Broker: Various - (MC, CQG, IQFeed, IB)
Trading: US Futures and Equities, US Options, ETFs, Commodities, EUR/USD
Posts: 82 since May 2013
Thanks Given: 56
Thanks Received: 38


Devil Man View Post
If your turning 18% you'll be fightin' em off!

wish you all the best in your endeavor!

JD

Thanks CAPITAN!

The endeavor is moving forward.

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Last Updated on May 30, 2019


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