T2W All Stars

[donaldduke]

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.
Sam.

10+9+8+..1 = 55%.
Not a good rate of return for the investors who only get 45% of any upside profits, but take 100% of any downside risk. Also there will be taxes to pay on profits too.

I know you only gave an example, but it does show how things add up.

I didnt get the impression that TD was looking for any investors anyway, that would be a regulatory headache aswell as risking lots of other problems too.

 

[megamuel]

True but I think its only fair that the people doing the work get the majority of the profits but yeah it was just an example... And your right I doubt TD was looking for investors there is just a (not very intelligent) entrepreneur in me trying to get out

I'll butt out now!

Sam.

 

[arabianights]

Any losses and Arabianights has to make it back up to £100k

I verrrrrrrrry briefly considered getting involved before common sense took hold

 

[counter_violent]

I verrrrrrrrry briefly considered getting involved before common sense took hold

While wer'e on the subject.
Did you ever back spanish ?

 

[options]

I've had the very same idea for more than a couple of years now Tom. Funnily enough this last week, the idea was brought to the fore again, coming at it from different angles and ironing out a few problems.

I know one person who frequents this board who is doing something similar and who (obviously) shall remain nameless.

I still think the idea on the whole is workable. There will always be some twat who tries to throw a damper on such ideas and should be ignored unless the criticism is constructive, throws up a problem and then that problem is 'worked' around.

Anything is possible...within reason.

 

[arabianights]

While wer'e on the subject.
Did you ever back spanish ?

Nope, sanity kicked in on that one eventually, although it was quite slowly. My most recent bit of foolish backing was giving my unemployed brother (who I think is going to start posting here soon) some money for poker, although he has doubled that so far...

The scheme I think options is referring to has a couple of clear differences which is why I am much more confident in it, although it is impossible to go into those differences here

 

[new_trader]

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?

Considering that someone who frequents this board is already doing something similar to this but for obscure reasons must (obviously) need to remain nameless, and, considering that there is a risk of being branded a twat and ignored simply for expressing views in a thread where no money whatsoever is involved, I rate this idea a don’t touch with a barge pole.

 

[TheHoneyMonster]

I dont even trust my missus with my money. Why should i trust a complete stranger.

 

[Technically Fundamental]

This is the kind of idea that needs to be talked about on a face-to-face basis to even be considered viable.
Anyone who considers this without meeting other "participants" deserves to be robbed.

Call me a fool but I'd actually trust TD not to rob me. Some of the others I'm not so sure about :-S...*cough*killphill*cough*

Limited company route...
It would operate better with a nominated director and seceretary with the majority of people as only shareholders.
Changing the share capital to £500-1000 per share would wiggle around the "investing other peoples money" angle.
I'd say we'd need some sort of legal document drawn up stating that funds could only be distributed from the account in the form of an annual dividends, after an adjustment for corp tax of course. That fact that you could only get your monies yearly would keep people interested. Unless they wanted to walk away from their two monkeys which would be beneficial.

 

[hwsteele]

I gots to be honest with you guys.
I have no desire to spend time trading other peoples money when I could be trading my own for 100% profit. It just doesn't add up for me and I would guess most people who are successful trading for a living.
If you are good at trading why would you even think about working with other peoples money?
Unless we are talking about hundreds of millions in trading capital and you can keep 35% of all gross profit it would be a waist of time. IMHO

Now if some folks are just so bored that they want to do this than more power to them.
When the men in black suites show up and start freezing all of their accounts because someone else did something illegal across the world then those bored folks might start thinking that it was a bad idea getting involved with this in the first place.

Might not happen, but it could.

 

[rav700]

Hi tom.AKA Trader_Dante...

I see that there is a lot of cynicism here....Forget asking...there are some really immature traders on here which sit at work and have got nothing better to do than pass critisim...
Simple idea.. For some traders here I am sure a couple of Grand will definitely make a difference...
If we can get 20 people write now to pop in say 2k to 5k depends what ever amount you decide on ..I don't mind being a part if this hedge fund on the contrary...I have faith in these members as I have know them for the last 6 years on T2w ...We can draw up some agreement...but lets get the people agreed and we will take it from there...

Just PM me when you are ready to start the TRADE 2 WIN LIVE TRADING HEDGEFUND

Happy Trading
Rav

 

[KillPhil08]

Aaron, from all the people I repped in this thread I replied.

"this is a massive fail", I have no reason to rob or trade for anyone else but my own. Perhaps you should concentrate on your own trading before critising me. Ofcourse, you are in the league with everyonerich and depthtrade so good luck with that.

edit: furthermore - this will only attract the retard traders who have already replied and not actually spoken to the OP in person or on the phone etc etc.

Once again, good concept, but utter fail.

PS. **** me the spelling on t2w is down the ****ing pan.

 

[rav700]

Aaron, from all the people I repped in this thread I replied.

"this is a massive fail", I have no reason to rob or trade for anyone else but my own. Perhaps you should concentrate on your own trading before critising me. Ofcourse, you are in the league with everyonerich and depthtrade so good luck with that.

edit: furthermore - this will only attract the retard traders who have already replied and not actually spoken to the OP in person or on the phone etc etc.

Once again, good concept, but utter fail.

PS. **** me the spelling on t2w is down the ****ing pan.

Attract Retard Traders matey Could you enhance..your defination of this please....

 

[rav700]

Bloody Hello Wasp I was eating lol........................
Nearly choked on ma food....hahahha

 

[KillPhil08]

People who have never placed a live trade in their life or have only been on breakeven/losing levels and trades. Also ones who sit on losses for days until the price comes back.

I respect your calls and trading rav. You are the opposite of these guys.

 

[hwsteele]

Still trying to get your self kicked to the curb I see. Good luck with that. If you keep this up they are going to make you head thread guru!!
Just except it WASP you are now one with T2W.
You are like that flower in a pot in the movie E.T. If you are wilting then so is the forum.
I didn't mean to upset you, just telling you like it is.

 

[rav700]

Trusting People with money....I keep hearing this time and time again through this new thread...I don't know if you realize but some members here are practically like family I have grown up in my trading with these traders....

An Example is forex Trading Thread...I can name 15 Traders who are still here and we all used to trade nearly 24 hours a day...and Practically day and night we would be trading and having our banters....

I am willing to participate in this Hedge fund out of respect for some of the senior Traders whom I know...

( I also don't think it is fair to throw any accusations Aaron it can hurt someones state of mind sometimes)

Good Luck
Happy Trading
Rav:clap:

 

[Technically Fundamental]

Aaron, from all the people I repped in this thread I replied.

"this is a massive fail", I have no reason to rob or trade for anyone else but my own. Perhaps you should concentrate on your own trading before critising me. Ofcourse, you are in the league with everyonerich and depthtrade so good luck with that.

edit: furthermore - this will only attract the retard traders who have already replied and not actually spoken to the OP in person or on the phone etc etc.

Once again, good concept, but utter fail.

PS. **** me the spelling on t2w is down the ****ing pan.

It was a joke you f-ing nancy. Grow a pair will you.

You have a really bad attitude considering you ony come this far in trading based on the blood and sweat of someone else.

 

[KillPhil08]

on the blood and sweat of someone else

Sorry what?

 

[Technically Fundamental]

Where would you be without TDs threads? Everyone can see how you were all doe eyed at the beginning of his make money thread (i havent read most of it) but now you've learned all this sh*t off of him you can go round insulting people's trading ability when theyre basically new to the game and call other people retards?

You need to get a grip of yourself mate. Thats obv one part of TDs teaching that never caught on eh. Had enough of this now anyway. Posting any response will be time wasted because I won't be reading it .