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I am looking for capital to trade and just came across this forum. I am advertising but is on topic so I thought I'll give it a go, if this is against the rules please remove the post.You will be opening your own brokerage account under own name, just allowing me limited power of attorney to trade on your behalf. Please read Interactive Broker's "Friends and Family accounts" for further details. You can liquidate trades anytime if you are uncomfortable, although doing so I won't work with you anymore. Withdrawing funds can only go to your name. You also need to agree to pay fees on profits, which is facilitated through the broker. You will be charged brokerage by IB, and I receive no compensation on the commissions generated.Past record as below:i46.tinypic.com/jqi9us.jpgNote: Have traded for a couple of years, but only account where there are also client live trades will be shown. This is my personal account which I opened when I started managing others, client's accounts have achieved the same replicated result, BEFORE performance fees. If interested, 3 years historical live account statements can be shown, but they are for informational purposes only as I will only promote track record where there are also client's money being traded.21 week return: 23.33%Max Peak to Valley Drawdown: 3.87%Valley to Peak recovery Period: 12 days---Annual Profit Target: 20-35%Management Fee: 0%Performance Fee: 30% New High Watermark(The highest net asset value that an account has reached and for which a performance fee was paid.) Paid Quarterly.Eg.Starting capital: $20,0001st Quarter: $20,600 = (watermark 20,600-20,000=600) 30% of $600 paid to advisor manager.2nd Quarter: $21, 600 = (watermark 21,600-20600=1000) 30% of $1000 paid to advisor manager.3rd Quarter: $21, 000 = (no new high watermark)4th Quarter: $21, 599=(no new high watermark)5th Quarter:$21,601=(watermark 20,601-21600=1) 30% of $1 paid to advisor managerNo NEW profits/growth from previous high watermark value means no performance fee payable.Max Risk Limit: 10% TRAILED equity. If the account ever exceeds a 10% draw down peak to valley, NOT initial deposit, all trades will be closed, and the client will be contacted for further instruction.---Yes 21 weeks of record is not much but I only promote record where clients funds are managed (3 years trading history available on request, but I am more aggressive with higher DD and growth when not managing others money so it is not the perfect indication of performance). We have experienced (as per SP500, which is what I trade) sideways, down and up market since September and my strategy works in all market conditions. I do short term gamma scalps with monthly and weekly SPY options only. Just SPY options, liquidity is very high so slippage is minimal. Due to the nature of my strategy I am only aiming for consistent slow and steady growth, so do not expect 70%+ annual returns.I am not licensed so I am not being regulated or audited and as such our relationship will be "friends and family", you will be responsible for your own account and taxes, performance fees will not be tax deductible as far as I know. As far as auditing goes, well I have no auditors of past performance but you are welcome to arrange to meet me in Melbourne CBD and I will log in the master account above and my own personal account you can go through all past trades. Other than that transparency, I can't do much more to prove anything. If anyone is interested and needs to know more, please PM me.
I am looking for capital to trade and just came across this forum. I am advertising but is on topic so I thought I'll give it a go, if this is against the rules please remove the post.
You will be opening your own brokerage account under own name, just allowing me limited power of attorney to trade on your behalf. Please read Interactive Broker's "Friends and Family accounts" for further details. You can liquidate trades anytime if you are uncomfortable, although doing so I won't work with you anymore. Withdrawing funds can only go to your name. You also need to agree to pay fees on profits, which is facilitated through the broker. You will be charged brokerage by IB, and I receive no compensation on the commissions generated.
Past record as below:
i46.tinypic.com/jqi9us.jpg
Note: Have traded for a couple of years, but only account where there are also client live trades will be shown. This is my personal account which I opened when I started managing others, client's accounts have achieved the same replicated result, BEFORE performance fees. If interested, 3 years historical live account statements can be shown, but they are for informational purposes only as I will only promote track record where there are also client's money being traded.
21 week return: 23.33%
Max Peak to Valley Drawdown: 3.87%
Valley to Peak recovery Period: 12 days
---
Annual Profit Target: 20-35%
Management Fee: 0%
Performance Fee: 30% New High Watermark(The highest net asset value that an account has reached and for which a performance fee was paid.) Paid Quarterly.
Eg.
Starting capital: $20,000
1st Quarter: $20,600 = (watermark 20,600-20,000=600) 30% of $600 paid to advisor manager.
2nd Quarter: $21, 600 = (watermark 21,600-20600=1000) 30% of $1000 paid to advisor manager.
3rd Quarter: $21, 000 = (no new high watermark)
4th Quarter: $21, 599=(no new high watermark)
5th Quarter:$21,601=(watermark 20,601-21600=1) 30% of $1 paid to advisor manager
No NEW profits/growth from previous high watermark value means no performance fee payable.
Max Risk Limit: 10% TRAILED equity. If the account ever exceeds a 10% draw down peak to valley, NOT initial deposit, all trades will be closed, and the client will be contacted for further instruction.
Yes 21 weeks of record is not much but I only promote record where clients funds are managed (3 years trading history available on request, but I am more aggressive with higher DD and growth when not managing others money so it is not the perfect indication of performance). We have experienced (as per SP500, which is what I trade) sideways, down and up market since September and my strategy works in all market conditions. I do short term gamma scalps with monthly and weekly SPY options only. Just SPY options, liquidity is very high so slippage is minimal. Due to the nature of my strategy I am only aiming for consistent slow and steady growth, so do not expect 70%+ annual returns.
I am not licensed so I am not being regulated or audited and as such our relationship will be "friends and family", you will be responsible for your own account and taxes, performance fees will not be tax deductible as far as I know. As far as auditing goes, well I have no auditors of past performance but you are welcome to arrange to meet me in Melbourne CBD and I will log in the master account above and my own personal account you can go through all past trades. Other than that transparency, I can't do much more to prove anything.
If anyone is interested and needs to know more, please PM me.
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