Would I have any takers? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VennD - Any Pairs - Any Style - Any Time 741 replies

"The Pip Nailer". Any time frame, any pair 1,205 replies

Is there any one who could recommend me any LongTerm strategy 24 replies

How Do You Measure Volatility For Any Currency Pair? Is there Any Website/Indicator? 1 reply

Any One Know Any Trusted And Registered Mt4 Broker 9 replies

Attachments: Would I have any takers?
Exit Attachments

Would I have any takers?

  • #21
  • Jan 8, 2008 8:00am Jan 8, 2008 8:00am
Hmmm,

I hate to say it but I don't meet some of the requirments which sucks. One of the reasons is that some don't have 2,500 to invest right now. That in and of itself changes the way one would trade. I have traded micros, and mini lots for the last 2 years so to learn various methods and not lose my shorts.

I would take him at his word if he will take mine, after all what have I really got to lose? His money, freedom for me to trade in a mindset I have not had before and all that is learned from that alone has to be worth something. And when I build the account should he take the money and run I am Still a better trader.

You want to give a novice a try? Open up an account as another mentioned so you will have complete documentation. Send me the login info
and When I build it to 10,000 I would be glad to split it with you 50/50
If I start screwing things up then change the password and try again with somebody else.

A man is only as good as his word, I KNOW I am good for mine so I would trust his word and go from there.

kevin
  • #22
  • Jan 8, 2008 8:00am Jan 8, 2008 8:00am
Quoting Vensik
Don't get me wrong, I'd love to see you post the investor passwords for us all to watch.
Yeah, that could get a bit of a buzzing thread going I can imagine!
Carpe Divitiae
  • #23
  • Jan 8, 2008 8:02am Jan 8, 2008 8:02am
Quoting fsiltd
PR? for who. The one trading it I imagine is what you mean?
Thats what I meant.
The basis of a democratic state is liberty. ~ Aristotle
  • #24
  • Jan 8, 2008 8:06am Jan 8, 2008 8:06am
Quote
after all what have I really got to lose? His money, freedom for me to trade in a mindset I have not had before and all that is learned from that alone has to be worth something. And when I build the account should he take the money and run I am Still a better trader.
This is indeed the type of environment I want to give a "good trader" to trade in. And if we both benifit, cool.
Quote
You want to give a novice a try? Open up an account as another mentioned so you will have complete documentation. Send me the login info
and When I build it to 10,000 I would be glad to split it with you 50/50
If I start screwing things up then change the password and try again with somebody else.
I am willing to assume a healthy amount of risk here already. I would have to have the right people.

As for the account in my name etc. etc.
I would rather, {with sufficient contract in place} "deposit" the money with the trader.
This alone will remove maybe one more mental barrier for him/her, that I can just change account login credentials, and cut-and-run.
Carpe Divitiae
  • #25
  • Jan 8, 2008 8:08am Jan 8, 2008 8:08am
Gift tax?
The basis of a democratic state is liberty. ~ Aristotle
  • #26
  • Jan 8, 2008 8:11am Jan 8, 2008 8:11am
Quote
Just out of curiosity fsiltd, how long would your hypothetical experiment last? Until the accounts get blown up or until you or one of your traders tire of the arrangement or what? Just askin'.
I'm initially thinking 12 month agreement. Then asses it again.
If the 10K has not been reached, we can talk extension {maybe :}.
If it has (or before), bonuses all round!
Either the way, I'm willing to give the trader an exit at 12 months, either way.

I'm even willing to go so far as to say, I'll take my losses on the chin after 12 months, if there are any.

Out of 4 traders trading 2.5k each... please market gods, I've got to make something surely!
Carpe Divitiae
  • #27
  • Jan 8, 2008 8:11am Jan 8, 2008 8:11am
Quoting Vensik
Gift tax?
Beg your pardon?
Carpe Divitiae
  • #28
  • Jan 8, 2008 8:26am Jan 8, 2008 8:26am
I'd like to apply... I've got the maverick spirit when it comes to trading - I know how to make heaps in a short period of time and then blow up the account!!!

Daisygirl
  • #29
  • Jan 8, 2008 8:29am Jan 8, 2008 8:29am
Quoting Daisygirl
I'd like to apply... I've got the maverick spirit when it comes to trading - I know how to make heaps in a short period of time and then blow up the account!!!

Daisygirl
Kind of defeats the objective, don't you think :
Carpe Divitiae
  • #30
  • Jan 8, 2008 8:39am Jan 8, 2008 8:39am
Quoting fsiltd
Beg your pardon?
You want to give people 2.5k to put into an account opened in their name. Gift Tax is the first thing that pops into my head.
The basis of a democratic state is liberty. ~ Aristotle
  • #31
  • Jan 8, 2008 8:51am Jan 8, 2008 8:51am
Quoting Vensik
You want to give people 2.5k to put into an account opened in their name. Gift Tax is the first thing that pops into my head.
No, no...
(I knew I shouldn't have made that tax write-off joke...)

I just thought the fact that it would be with them, entirely, it would remove some doubt as to my sincerity and seriousness.
I'm not trying to dodge the tax man.

If the fact that it's with the trader, makes him/her even more shaky, then by all means, I'll open an account in my name and LPOA it.

I can be fairly flexible.
Carpe Divitiae
  • #32
  • Edited 9:24am Jan 8, 2008 8:55am | Edited 9:24am
If a trader had an 18-month track record of consistent profits, and was willing to deal with $2500, that is so non-sequiter that I would not trust them.

However, there's someone on here, can't remember the handle, who traded $2 up to $20 in a few months. Sounds like just the trader you're looking for.

If I had a little money to burn, I would send it to him, if I ran across him again, just based on the amount of heart he has.

EDIT: I remember. "acidguy" is your man.

EDIT AGAIN: And he's here!
  • #33
  • Jan 8, 2008 9:00am Jan 8, 2008 9:00am
i want to be in at least to be a watcher

2.5K??? holy cow, in my dreams, i live in a communist country an thats a lot of money.

ask for my brokers reports if you want...
i can send them to you and you can confirm them as well.

the only thing is.
i use conservative trading, i am 100% commited time to trading, i dont enter at least the chance of winning is big.

50% profit share is very fair, very kind indeed.
  • #34
  • Jan 8, 2008 9:04am Jan 8, 2008 9:04am
+
love your idea.
  • #35
  • Jan 8, 2008 9:05am Jan 8, 2008 9:05am
Why don't you want to trade the account yourself? Who knows, you may even enjoy FX.
Just trying to make some dollars and sense...
  • #36
  • Jan 8, 2008 9:06am Jan 8, 2008 9:06am
Quoting blueruby
If a trader had an 18-month track record of consistent profits, and was willing to deal with $2500, that is so non-sequiter that I would not trust them.
Really?
That is not a massive amount of time.
I know I certainly was never this , erm well, arrogant is the only word I can think of. (not meant at you blue, meant at "the trader")

6 quarters, whether anyone believes it or not is quite a significant point for many traders I've seen. Psych and other. It's often a turning point for people that really trade this market. Just over a year of profit. All sorts of thoughts get into peoples heads... don't you think.
(or the adverse, just over a year trading, and no profit..."should I just I just give this up"..."will I ever be a trader"..."boo-hoo" and all that jazz)
Carpe Divitiae
  • #37
  • Jan 8, 2008 9:16am Jan 8, 2008 9:16am
Quoting PiP sL@y3r
Who knows, you may even enjoy FX.
Oh I do, believe me.


Quote
Why don't you want to trade the account yourself?
Because I want to diversify, with a bit of a twist. A bit of a personal touch. And within a different environment to the "managed account".
And I believe there are VERY good traders around here. And yes, I want to take advantage of their expertise, I'll be honest.

For that "luxury". I am willing to asume the risk, and compensate handsomely.

I don't believe anybody ever made money in this (or any) market on their own.
(Why are we all on FF We read, listen, learn from everyone around us, ALL the time. Howevr, the commeradery/competition of "the pits of old" are out of reach for most of us, including me. I just want to put someone else's knowledge into action. If they are willing to commit the time.
Carpe Divitiae
  • #38
  • Jan 8, 2008 9:17am Jan 8, 2008 9:17am
Quote
EDIT: I remember. "acidguy" is your man.
Sweet!
Carpe Divitiae
  • #39
  • Jan 8, 2008 9:22am Jan 8, 2008 9:22am
Quoting fsiltd
Really?
That is not a massive amount of time.
I know I certainly was never this , erm well, arrogant is the only word I can think of. (not meant at you blue, meant at "the trader")

6 quarters, whether anyone believes it or not is quite a significant point for many traders I've seen. Psych and other. It's often a turning point for people that really trade this market. Just over a year of profit. All sorts of thoughts get into peoples heads... don't you think.
(or the adverse, just over a year trading, and no profit..."should I just I just give this up"..."will I ever be a trader"..."boo-hoo" and all that jazz)
6 quarters of trading isn't much. But if someone makes money for 10 or 20 weeks consistently, then they've got it. Add another year of profits, now it becomes very significant.

If you can make 1% per day, it doesn't matter too much how little you start with, you'll be very rich sooner or later. And in 18 months, you won't be interested in someone else's 2 grand, that was my point.

But, there are exceptions to everything. I shouldn't assume the same circumstances for everyone.
  • #40
  • Jan 8, 2008 9:22am Jan 8, 2008 9:22am
How about:

2.5K to start.

Once it's traded up to 10K. Trading stops, we split 50/50, agreement terminates and we go our seperate ways.

12 month term to do it in.

{That's the short version}
Carpe Divitiae
0 traders viewing now