Profitable Traders Wanted for new fund project | Forex Factory

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Percent Profitable Traders by Broker 4 replies

Profitable Traders Wanted for new fund project

  • #1
  • First Post: Edited Sep 14, 2011 7:44am Feb 7, 2011 11:15am | Edited Sep 14, 2011 7:44am
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  • #2
  • Feb 16, 2011 5:16pm Feb 16, 2011 5:16pm
So, given the distinct silence can I assume there are no profitable traders on FF that use decent money management?

Seriously, I am disheartened by the lack os responses. Am I going to have to advertise in the Times, Guardian and NY Times?
  • #3
  • Feb 17, 2011 4:50am Feb 17, 2011 4:50am
I think the problem is that there's hardly a week goes by without someone looking for traders to manage a fund that theyre in the process of establishing.

You probably need to differentiate yourself in some way, and provide tangible evidence that the project is on track. In my experience there's no shortage of capital avalable to traders with a decent track record, so you'll need to dangle a very juicy carrot in order to get anyone decent to bite.
  • #4
  • Feb 21, 2011 5:55am Feb 21, 2011 5:55am
Quoting Razzle
I think the problem is that there's hardly a week goes by without someone looking for traders to manage a fund that theyre in the process of establishing.

You probably need to differentiate yourself in some way, and provide tangible evidence that the project is on track. In my experience there's no shortage of capital avalable to traders with a decent track record, so you'll need to dangle a very juicy carrot in order to get anyone decent to bite.
Hi Razzle,

Thanks for your feedback and I guess you are right given the number of half witted ideas people float on here to get retail subscribers into little bucketshop signals operations.

Unfortunately though when dealing with large corporates in real world finance things like non-disclosure and non-compete agreements are required before being able to elaborate in detail on projects and entities involved.

Those who can satisfy our criteria get to understand how the project works and what is being offered however this needs to be satisfied first to screen out time wasters.

We have advertisements in major papers and use several recruitment companies and have received ample responses. Just a challenge to the FF member base really to see if there are actually any serious traders frequenting this site looking out for opportunities. It appears that the lion's share of people who fit into that category though spend their time actually trading and not on forums. Still was worth a shot

I posted this opportunity on here as a litmus test for the calibre of the average trader on here also and my suspicions seem to have been vindicated judging by the number of emails I have received from what turn out to be young kids trading demo accounts

Cheers,

4x.
  • #5
  • Feb 21, 2011 11:27am Feb 21, 2011 11:27am
I find it laughable that you created a post that targets 30 to 60% returns and also want traders with "good" money management skills. I feel sorry for any of your investors who buy into the sales pitch, their money is already lost.

Here is something you should do: learn how to trade yourself and make 60% a year. Once you can do it for four or five years in a row, and can prove it, you'll have all the credibility you need to actually launch a fund and manage money.

Maybe your intentions or good and just misguided, maybe you're looking to generate a quick buck on the financially uneducated - regardless, the end result will be the same. Account ruin for those involved.
Trade Small. Be Patient. Learn to Survive.
  • #6
  • Feb 21, 2011 12:08pm Feb 21, 2011 12:08pm
Quoting FXAnalytics
I find it laughable that you created a post that targets 30 to 60% returns and also want traders with "good" money management skills. I feel sorry for any of your investors who buy into the sales pitch, their money is already lost.

Here is something you should do: learn how to trade yourself and make 60% a year. Once you can do it for four or five years in a row, and can prove it, you'll have all the credibility you need to actually launch a fund and manage money.

Maybe your intentions or good and just misguided, maybe you're looking to generate...
+1
red flags going up
  • #7
  • Feb 21, 2011 3:24pm Feb 21, 2011 3:24pm
Quoting FXAnalytics
I find it laughable that you created a post that targets 30 to 60% returns and also want traders with "good" money management skills. I feel sorry for any of your investors who buy into the sales pitch, their money is already lost.

Here is something you should do: learn how to trade yourself and make 60% a year....
FXAnalytics, I am looking for other traders making similar returns to myself allowing a diversified product offering. I also am looking for people in different timezones to myself who I can trust to manage trades during sessions when I cannot.

I do not ask others to do things that I cannot, that would be hypocritical.

If you are a fulltime trader and you aren't able to make decent returns yourself there is no need to start hating here. If you don't satisfy the criteria I am looking for then shuffle off and come back when you are profitable.

Cheers

4x.
  • #8
  • Feb 21, 2011 3:32pm Feb 21, 2011 3:32pm
Quoting dart
+1
red flags going up
Thanks for chiming in Dart you added some real value here....

If you cannot satisfy the criteria I am looking for people then please do not post. I don't come around ranting baseless accusations in your threads so afford me the same courtesy.

You and old mate before you have been around FF for a few years by the looks and are either bitter having been let down by the calibre of the average individual on this forum and are tarring me with the same brush without any basis or you are both still not making money.

Anyone out there who thinks that one trader can run a fund and the administrative function and client management function for a large corporate are obviously a little out of touch.

I am looking for new traders to help me expanding my current product offering for a new project, not shoulders to sit myself on.

Anyway I have no reason or need to justify myself to the peanut gallery so please refrain from posting if you are going to just goof off.

Thx.
  • #9
  • Sep 14, 2011 7:04am Sep 14, 2011 7:04am
Quoting 4xAddict
Hi All,

I have a new fund project that will be launching soon and I am interested in hearing from any profitable traders who can do the following:

Reliably return 35-60% per annum with a gradual equity curve (more is also ok )
Show a trading history that proves this
Show clear risk management guidelines that you use
Have a maximum drawdown of less than 15% at any point in time

What is the project:
This project will provide trades to an expanding client base in a managed fund environment within set risk management criteria
Traders...

Hello,

I represent the Dutch company SAKO FX, which specializes in Asset Management (managed forex accounts), and they have experience in this area since 90s. In case you would be interested in very experienced forex MM, please let me know.

Thank you and have a nice day!



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Lukas Plasek
Mobile: +420 777 878 706
E-mail: [email protected]

SAKO FX
Innovative Trading & Investments
  • #10
  • Last Post: Sep 14, 2011 7:44am Sep 14, 2011 7:44am
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