FX/Futures Traders Needed for Starup Fund
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traderfunding
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No, it's only remote trading at the moment.
traderfunding
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Sent.
traderfunding
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dealer911, is there a list of official places that are acceptable to recruit traders for hedge funds? Please send it my way.
Yes, "hedge fund" is the right term. The fund is a start-up fund domiciled in BVI.
"Money down?" I never said that. Traders are not required to pay for anything or invest their own money. Nothing is charged to a trader's account because they don't have to set up their own account.
traderfunding
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pboyles, I'm not sure what you mean by wasting more time on this. It's not like the traders on this form are inundated with career opportunities.
The fund is a BVI startup fund. It is not my fund and I am not the manager. It is legal to establish a hedge fund in BVI.
Furthermore, this has nothing to do with the legal action you mention, which originated in 2006. It is a moot point that is irrelevant to the issue at hand.
If you're not interested in trading for a hedge fund, then simply ignore the offer.
traderfunding
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lebanon, the final traders and allocation will be made at the beginning of January. The initial amount depends on various factors, like experience, assets under management, risk-adjusted performance, etc. This is not etched in stone.
traderfunding
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Any platform can be used, MT4, Currenex, etc. if a trader needs it. Traders won't be forced to use a particular platform. The ideal platform for each trader will be discussed on a case-by-case basis.
We are searching for REAL statements, even though, demo statements will be considered on rare occasions, but the amount allocated will be significantly lower. In general, at least 6 months of statements is required, but this is not etched in stone either. If a trader has enough data points in a shorter period of time, he might be considered as well.
Assuming a trader has a real track record, but not a lot of experience trading a larger capital base, the minimum allocated might be somewhere in the $250k to $1 m. Again, this is not etched in stone either. Each trader will be assessed individually.
traderfunding
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You're welcome. Good luck.
HI
Do you have any weblinks to that case?
traderfunding
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That's a great question lebanon. The answer is as many uncorrelated traders as possible within reason. That's probably somewhere between 10 to 20.
How many have sent documents? Around 10-15 already. Of course, not all are what we're looking for.
Not to the full case which is why I was asking him. This relates to the case but doesn't give full details.
http://www.3dca.flcourts.org/opinions/3D10-0726.pdf
I see he's changed his avatar, it used to be the same photo as on LinkedIn
Danger Alvarez | LinkedIn
Danger Alvarez | LinkedIn
traderfunding
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pboyles, the avatar provides a visual summary of the trader due diligence process. It is useful for emerging traders who don't have a clue as to what the process entails - and most traders who haven't traded at the professional level don't. My avatar has been changed various times in the past and it is perfectly acceptable to do so based on the terms of use of this forum.
The link to the case you provide is the only one available. As of the present day, I have not been found at fault of any accusations whatsoever. In a struggling global economy, many people prefer to take the path of least resistance and exploit the legal system for their own gains. This is much easier to do than to bust your **** and do the actual work to get ahead. That's just life. Furthermore, what you are bringing up here has nothing to do with the opportunity that I'm bringing to light today to those traders who may want to take their skills to a higher level and pursue the path of profession trading. Even though the amount of successful traders in existence is very low (as in any business that requires skill, discipline and nerves of steel), some of the lucky few do care about managing money on a larger scale. There's nothing wrong with that.
I am not asking for traders to put up their own money, to pay a registration or qualification fee, to send their account number to a triple-A rated Nigerian bank in order to receive a windfall in the billions, or anything of the sort. I'm not sure why you are so determined to turn people away from this opportunity and instead get them obsessed about going Big Brother about my personal issues. I'm sure there are better ways out there to get your trading frustrations under control.
traderfunding
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Lebanon, the strategies are indeed important. If you would have read the list of things I requested in the original post, you would have seen the following:
"* Methodology/strategy used (including strategy description, how risk is controlled or limited, how negative floating positions are handled, etc.)."
Does that answer your question?
traderfunding
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He did describe briefly the way he trades. What I don't have is time to spend on a conversation or chat with every single applicant to get an in depth explanation of their methodologies. That is why I requested it in my post. Half of the traders can be rejected without even looking at their strategy; just by analyzing their risk-adjusted returns and seeing their trade footprint. Furthermore, I am not very persistent in requesting someone's strategy because in the past, a lot of pikers on forums like these start throwing buzzwords around like "reverse engineering" and crap like that. Stuff that is closer to science fiction than reality. Nevertheless, frustrated traders love making accusations lie that and, to avoid having posters go off on a tangent and away from the main topic of this thread, I don't press anyone for it. Finally, I think that my original post was very clear with all bullet items clearly explained.
traderfunding
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7am7ad, please send them via email. What I cannot do is be constantly giving you feedback. When the final traders are selected, you will know if you are selected or not. Again, we do not have any obligation to accept a trader that submits all of the information I requested. That is the minimum required to be considered, not a guarantee of acceptance. If that is not clear, please let me know.
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