I'm not interested in the average return.
I'm not interested in how a hedge fund trades 50 mil.
Your example of trading STO, WBC, ANZ, MQG, WPL, OSH etc shows how completely unimaginative you are at this game. I have no interest in such methods or risk.
Clueless
Unimaginative? Perhaps, but I like my risk reward trade off. And that is what the game is about investing where you are comfortable. I don't have to get up during the night to see how futures are tracking and no chance of a margin call on my house.
Boring even, but that's the way us accountants like it
Unimaginative? Perhaps, but I like my risk reward trade off. And that is what the game is about investing where you are comfortable. I don't have to get up during the night to see how futures are tracking and no chance of a margin call on my house.
Boring even, but that's the way us accountants like it
See your lack of understanding about R:R?? You are running risk at 1:1.25 reward. Recipe for disaster and you call that boring??I personally have made 40% since the market lows earlier this year, although 30% of this was getting me back my losses. My investments were mainly blue chips (STO, WBC, ANZ, MQG, WPL, OSH etc) so reasonably low risk levels.
Quick little bunnies arn't we !!. Twenty % above bank interest GUARANTEED Well that should certainly bring in the punters.
There is no such thing as a guaranteed return. It might be claimed, it might be offered, it might even be written down. But in the end it depends on the honesty and capacity of the person you are dealing with. And in the broad history of separating punters from their readies there just arn't any wide boys who you could catch to return your investment if and when it went sour.
There is a simple logic to this. If the proposer had such a cast iron deal he could get the funds at a far cheaper rate from a myriad banking bodies. Trading in hedge funds is just sophisticated gambling . It is not by any stretch of the imagination a tangible investment.
On the other hand reams of investment advisors, superannuation companies, and so on have made a fortune themselves with pitches along the above lines.
I am in two minds as to what to make of the goings on here TH.
1) You have repeatedly instructed people that you only created this thread to see if the people are interested in being returned 20% even though theoretical hedge fund is obtaining 60% ROI. But you go on the front foot and tell people they have no idea of risk and are perpetuating a joke. AND they have a lack of understanding and they are clueless.
2) You say you feel insulted but you are the one doing the challenging.
Why don't you just lay your theory bare about going to sleep in 100% CASH with NIL risk with a ROI of 60% for all to see and we can mull it over?
Xactly,T/H I've often seen you comment on reasons why capable traders should go and trade for trading company's. Bigger size and if you can strike up a good deal with them a good return on the $$$ your trading with.
Isn't this what you'd be essentially be doing within 'your' hedge fund? If there is to much red tape to go threw surely trading for a firm would be much much easier assuming you could strike up a good deal with them
Xactly. I've worked for a wage/the man for about 3 years of my entire life. Its a stat I would prefer not to add toOr is it more a challenge for yourself to see if it can work? (along with bragging rights of course, I mean, who wouldn't love to have their own hedge fund)
Fantastic reading TH. Thanks for the info. You say that the trades displayed are a small percentage of your trading capital. May I be so bold as to inquire as to what $ value you are trading on any given day? I just noticed that to have 79 trades to make $240 is not really my cup of vodka. Understanding that you are trading with more capital but how do you decide as how much you place on each dealing? Or am I totally misunderstanding your principles here?
I never thought anyone could get through that thread so quick?
LOL. For an accountant you have NO idea of risk reward. NONE. I go to sleep 100% in cash. Your point that your good trading results the last months have only just got you back to zero shows you are clueless to risk and reward.
Boring!! low risk!! Oh really??
See your lack of understanding about R:R?? You are running risk at 1:1.25 reward. Recipe for disaster and you call that boring??
You have no idea about risk. What a joke.
Fantastic reading TH. Thanks for the info. You say that the trades displayed are a small percentage of your trading capital. May I be so bold as to inquire as to what $ value you are trading on any given day? I just noticed that to have 79 trades to make $240 is not really my cup of vodka. Understanding that you are trading with more capital but how do you decide as how much you place on each dealing? Or am I totally misunderstanding your principles here?
ROFLMAO
Thought I might of learnt something from all those years on the market risk committee of one of the major banks.
However, I shall defer to your obviously superior knowledge
I just noticed that to have 79 trades to make $240 is not really my cup of vodka. Understanding that you are trading with more capital
Thought I might of learnt something from all those years on the market risk committee of one of the major banks.
However, I shall defer to your obviously superior knowledge
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?