T2W All Stars

I take it you guys want to be paid out if I don't stay awake and aren't just making an offer out of the goodness of your hearts :p What odds are we talking about as i'm not doing even money.
 
Masquerade said:
I take it you guys want to be paid out if I don't stay awake and aren't just making an offer out of the goodness of your hearts :p What odds are we talking about as i'm not doing even money.
Click to expand...

Dunno, make a counter proposal.

I'm also thinking we're going to have to arrange phone calls every 20 minutes, physical examination every day. Narcotics perfectly acceptable :)
 
arabianights said:
Dunno, make a counter proposal.

I'm also thinking we're going to have to arrange phone calls every 20 minutes, physical examination every day. Narcotics perfectly acceptable :)
Click to expand...

And if you can scalp cable 24 hours a day, at least one trade every couple of minutes, succuesfuly from a Sunday open to Friday close then I reckon between a few of us we can reach a hundred grand bonus pot :LOL:
 
trader_dante said:
I've got an idea and I wondered if anyone out there was interested.

It's just an idea and would take some planning but I just wanted to put it out there for your consideration.

The idea is to set up a trading account and have a select group of "regulars" from Trade2Win all trade it.

I was originally thinking to try and get traders from different areas of the world or ones that specialise in different markets.

So, some in London, (and Europe), the USA and Asia / Australia (alternative time zones). People would then be able to log into the account in their own time zones and are free to take positions (risk management parameters will come into play later on - daily stop out levels etc)

The idea is that the account is constantly in play as the sun passes around the globe and there is always someone watching the markets.

At the same time, every major market would be covered from FX to commodities. Shares, to indices, to bonds, to interest rates.

And every style of trading would be acceptable. The scalpers would be representing in the same way as the position traders.

Each trader would do what they do best.

We would see just what we could do with this (profits split between all the traders) and where it led us.

I have a lot of thoughts on how this would work out in reality (risk management, practicality of access etc) and have already done some groundwork.

Any thoughts?
Click to expand...


Interesting idea and one important consideration from my perspective is what level of commitment would be required? Being in full time employment with a family my hours would be irregular (9-11 pm would suit me most).

I would like to participate subject to chores - but either way I'd be interested and think it is a good idea.

Best regards...
 
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arabianights said:
And if you can scalp cable 24 hours a day, at least one trade every couple of minutes, succuesfuly from a Sunday open to Friday close then I reckon between a few of us we can reach a hundred grand bonus pot :LOL:
Click to expand...

We need to work out the stipulations and there's no way i'm doing this at evens. The original proposal was a statement of staying awake all week too. I'll need good odds to be doing cable scalping too as you outlined.
 
trader_dante said:
I've got an idea and I wondered if anyone out there was interested.

It's just an idea and would take some planning but I just wanted to put it out there for your consideration.

The idea is to set up a trading account and have a select group of "regulars" from Trade2Win all trade it.

I was originally thinking to try and get traders from different areas of the world or ones that specialise in different markets.

So, some in London, (and Europe), the USA and Asia / Australia (alternative time zones). People would then be able to log into the account in their own time zones and are free to take positions (risk management parameters will come into play later on - daily stop out levels etc)

The idea is that the account is constantly in play as the sun passes around the globe and there is always someone watching the markets.

At the same time, every major market would be covered from FX to commodities. Shares, to indices, to bonds, to interest rates.

And every style of trading would be acceptable. The scalpers would be representing in the same way as the position traders.

Each trader would do what they do best.

We would see just what we could do with this (profits split between all the traders) and where it led us.

I have a lot of thoughts on how this would work out in reality (risk management, practicality of access etc) and have already done some groundwork.

Any thoughts?
Click to expand...

I really like this idea. I suggested a similar idea a while back when "Tomtom" started some stupid thread about him wanting to open a bank and I said we should have a T2W bank and have the top traders on here trade for it. I don't think I was taken very seriously at the time because that thread was a bit of a joke but I really believe that there are some great minds on here and surely we could take advantage of that.

Here are some ideas:-

-Trader_Dante runs it. He's very well respected here and it was his idea.
- Any T2W member can add money to the pot for a percentage of the profits (or losses :| )
- There are a set number of people that can trade with the capital. The better their performance, the more capital they are allocated to trade with, this will in turn increase their reward as insentive to do well.
- The people trading the capital will get much more of the profits than those simply adding capital.... Or maybe dante just wants it so that only people trading it can add capital, in which case I am out because I'm not good enough to trade with other peoples money yet, otherwise I'd be willing to put about £2k in. Get 50 people throwing £2k in and thats a good starting figure! Anyone else got any suggestions?

Sam.
 
Great idea, although management might be a nightmare unless there is a strong regulatory framework. My 2 cents worth is to have a parallel demo account. Traders wanting to trade are first obliged to trade the demo account to demonstrate their profitability. Once this is shown over a month then they could be invited to join the real trading account. For us barely profitable traders, it would be educational to run a members blog or forum to post the entries and exits so that we can learn how to trade from the experts. I would be willing to add 1K-2K to the pool, but I don't think I would pass the demo account test yet.

Regards, Chris
 
CTGCollins said:
Great idea, although management might be a nightmare unless there is a strong regulatory framework. My 2 cents worth is to have a parallel demo account. Traders wanting to trade are first obliged to trade the demo account to demonstrate their profitability. Once this is shown over a month then they could be invited to join the real trading account. For us barely profitable traders, it would be educational to run a members blog or forum to post the entries and exits so that we can learn how to trade from the experts. I would be willing to add 1K-2K to the pool, but I don't think I would pass the demo account test yet.

Regards, Chris
Click to expand...

Never heard of beginners luck?
Its quite common in trading.

The usual beginner system of taking quick profits and letting losses run, (even doubling up on losses) can work for a remarkably long time if they start trading in sideways/ choppy markets. Eventually the beginner gets taken out in a sharply trending market where they lose all those profits + some. A month would be way too short.
 
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I just wanted to add my 2 pence..
I think this is a very good idea..I think what we could do if willing is to setup a Demo for a a couple of months and see what what the Hedge fund value model looks like...
1. Have a T2w Trading Competion
2.Give the top 10 Traders a locked down thread to make there trade decisions
3.Implement the trades.

As Far as Risks and leverage is concerned...I feel that from a personal view I am over that stage and if you are in the top 10 you would be trading particular account with only risking about 2% per trade anyway...

Where do the funds come from ?
I am pretty sure ....
200 Traders-500 each...
£100,000 pot done ....

From a Legal Point of view all can be arranged....with FTC Contracts
Very Possible...

Just my two cents
Happy Trading
Rav
 
Didn't they make a movie about something like this where everyone dies in some horrible way at the end except the guys whos idea it was to begin with. They all trade their hearts out and turn the account into $$300-MO-billion$$ dollars. Then they all get their hopes up and start scouting islands to buy with the MEGA money. After the Money gets made and all the accidents happen just one man is left standing.
So not only does he have half the money in the world, but he is also THE ONLY SUCCESSFUL TRADER LEFT AT T2W!
By the time any one is on to him they are DEAD! By the time the world police catch up to him has has enough money to pay them off and make all the world's problems go away.
Don't you see, he will own the world because of us!

OK, so maybe that's a bit of an over statement. And maybe they didn't make a movie about this. SO, I will watch from the sidelines and when it all happens make a killing selling the rights to the book and then movie.

Then again maybe he is just after the red letter part?





:cheesy:
 
Good ideas Rav. I agree I think there should be about 10 traders but anyone can put money in. At the end of the month the trader who made the most profit gets the biggest cut... say like 10%, trader who makes 2nd most gets 9%, 3rd 8% etc... 10th 1%, then on top of that, the remaining profit is shared between everyone who has invested capital. They can then withdraw the profit or reinvest it. I reckon 50 members adding £2k would be more achievable for a £100k pot. Any losses and Arabianights has to make it back up to £100k ;)

Just some ideas.

Sam.
 
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