Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,068 since Jun 2009
Thanks: 32,534 given,
98,494
received
The new date for this webinar is Thursday, June 16th @ 4:30 PM Eastern US.
The new registration URL will be posted closer to the event date. Everyone that previously registered for the first webinar will need to re-register at that time.
Oh, wow. . . Jack Schwager, and an exciting/innovative new concept being unveiled? I'm almost glad this was delayed. . . I'll certainly be watching this one.
Appreciated, Mike. . and this is why I love this place.
The following 2 users say Thank You to Dionysus for this post:
I know some of the guys behind FundSeeder and they are outright top notch in our industry.
This gives a chance to those who trade real funds to improve their skills and get a chance to get funded by serious investors.
Really happy Mike has brought Jack S. to do this.
Matt Z
Optimus Futures
There is a risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
The following 3 users say Thank You to mattz for this post:
Trading: RTY, ES, and Directional Options on QQQ, SPY, IWM, AMZN, AAPL, TSLA
Posts: 191 since Apr 2014
Thanks: 669 given,
153
received
Matt I watched a youtube fundseeder video and my understanding is that to be able to trade the funds of others you have to be licensed in that particular jurisdiction to do so.
Check out the 1:20 mark and onwards. Keyword here is "compliance", so this is not the same as Topstep.
The following user says Thank You to NGtrader for this post:
I think it is best to let Jack S. answer all these questions during the presentation.
I am not sure about the entire process or how they allocate capital to successful traders.
However, the keyword word here is "real" as far as performance and funds.
This is an entirely different business all together in my opinion.
Thanks,
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
The following 2 users say Thank You to mattz for this post:
My thinking is you definitely need 50G (which I don't have) and more than 2 years track record (which I still don't have lol) to be even considered for the funding.
What struck me was he doesn't care if you trade 1 contract, so why does it matter if I have 50G or not if I just need to trade 1 contract? If he is looking for a great trader, you look at the performance, not how much fund you have.
The good thing is the performance metric that you can follow and see what you need to improve.
The following user says Thank You to rintin2x for this post:
I think for the average trader they shouldn't worry about getting funded. Fundseeder has a great analytics platform that will help most traders to see, understand, and improve their trading. And best of all it is free to use.
The following 2 users say Thank You to tturner86 for this post:
He emphasized that pain-to-gain was his biggest metric to watch. If you can generate large returns with very low draw down and a smooth curve over one year, I bet they are still going to take a look. Even if your account size is less than their "optimal" size.
Performance rules
The following 2 users say Thank You to Hickock for this post:
I am very grateful that you have brought Jack S. to give traders a dose of reality of what it takes to be funded in the real world. As Jack said:
1) 50K Minimum
2) 1-2 years of track record.
3) "Returns are meaningless" rather the risk taken, leverage used, etc. is looked upon more favorably.
To be honest, I think that Jack's conditions are fairy light and reasonable as compare to the some of the prop shops, family offices, etc.
Last point: Over the years I have seen many traders who started off well, and sadly "lost it". Although there are no guarantees, I do believe these kind of tools help you analyze objectively where your pitfalls maybe (not to mention it's free)
I look forward to the development of FundSeeder Technologies and glad we three FCMs that can hook up to them.
@tturner86 thank you so much for your efforts in moderating and executing this webinar.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
The following 5 users say Thank You to mattz for this post:
Published on 11 Aug 2016
The Co-founder of FundSeeder presents live from the William J. Clinton Presidential Center in downtown Little Rock, Arkansas.
FundSeeder Investments (FSI) is a mandate-driven investment firm seeking to connect the world’s top undiscovered trading talent with qualified eligible investors. The affiliate company, FundSeeder Technologies, provides independent traders across all asset classes with a platform on which to establish a track record, access proprietary analytics, and compare themselves to their peers. With exclusive access to this pool of talent, FundSeeder Investments endeavors to identify both superior traders as well as the most promising up and coming managers.
I have to admit that this is a clever way to build a platform company that has multiple avenues for monetisation. I wonder if this technology savvy third party marketeer for hedge funds would have to compete with similar platforms in the near future. Does anybody know of anyone investment companies that have been launched through this platform?
The following user says Thank You to Cogito ergo sum for this post:
I happen to know the individuals in these videos and I work with one of then within a legal capacity. Not sure if I feel comfortable revealing names of entities that were launched, however I feel comfortable telling you that they aid and assist with legal work and introducing you to parties of interest.
You use the term "Hedge Funds" but as far as I know the intention is to turn you to a CTA or CPO first.
Jack Schwager outlined the criteria that they use to examine someone's track record in a previous webinar on Futures.IO
As far as your question if other such platforms exist: Not as far as I know for the retail crowd.
However, you do have institutional platforms for those who are already licensed and have capital traded.
The bottom line is that if you are a real $ trader (not demo) and you achieved good results with your funds, maybe you should consider getting into money management. Good traders make modest returns and take modest and reasonable risks.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
The following 3 users say Thank You to mattz for this post:
Any FIO members who are using fundseeder here? I'd like to hear some input from the typical retail trader.
I'm a very new trader so I'm mostly interested for the fundseeder analytics, as I'd like to benchmark my performance and start looking at numbers that I don't currently track on my spreadsheets (sharpe, GPR, etc.).
I currently see no drawdowns of connecting your broker account to fundseeder. To me this sounds amazing so it's weird to me that this isn't something that every trader uses. However, I might be missing something
Any thoughts?
Yesterday's excellence is today's standard and tomorrow's mediocrity
The following user says Thank You to SoftSoap for this post:
A lot of the analytics are probably too advanced for the average retail trader but there are plenty of useful features such as monthly return data, charts for cumulative return, underwater, annualized volatility and equity curve and basic performance statistics such as total returns, maximum drawdown, GPR, etc that most traders will find useful. I don't see any reason why you wouldn't connect to it given that it's free.
The only caveat to this is that I probably wouldn't connect to it in the very early stages of your trading career while your still developing your process if your ultimate goal is to manage money as it might impact on your public track record.
The following 4 users say Thank You to muttoez for this post:
In regards to the analytics, does fundseeder allow you to benchmark your numbers with others in similar categories? Ex, GPR vs other futures traders with less than X years of experience?
I'm a pretty new trader so I might want to take your advice on whether or not to connect right away. I'll see if there's a way to only show public records from a certain date, so that I can still get the analytics in the short-term without worrying about potential long-term drawbacks.
Yesterday's excellence is today's standard and tomorrow's mediocrity
The following user says Thank You to SoftSoap for this post:
Yes there are benchmarking capabilities between futures traders, forex traders, etc as well as trading styles e.g. fundamental vs technical, discretionary vs systematic. There are also filters for time tracked, account size and different stats.
As far as I'm aware there is no way to limit the date your record counts from. This is only relevant if you think you might manage money in the future. If you only ever plan on trading your own account then I wouldn't worry about it.
The following 2 users say Thank You to muttoez for this post:
