gold st capital
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ok i will write it out tomorrow afternoon along with a detailed answer for another person. i would say you will see it by midnight on friday
Ask A Hedge Fund Fraud
- Thread in 'General' Thread starter Started by gold st capital,
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-I like hedge funds more than these large, full service banks. A hedge fund has a single objective. In a full service bank, one arm may be a seller and the other a buyer.
-I see you have your series 7, etc. Why not a CFA? (I assume you had to work up the ladder at least a little)
-Not a hedge fund, but any opinions on DFA?
-I see you have your series 7, etc. Why not a CFA? (I assume you had to work up the ladder at least a little)
-Not a hedge fund, but any opinions on DFA?
futuremd
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Then what will you do with 10MM?
gold st capital
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i just never chose to get the CFA. Honestly i never plan to work for another firm again. If you only knew man...look up registered Rep the top financial advisor... in the top 10, i dint think any if even 3 have CFA's. I have no want to be in the traditional system; I have seen it up close its not for me. I am all about having a mentor who will teach me how the industry really works and is willing to catapult me and introduce me as a vital part of his success. I never intended to work my career at a traditional firm. As soon as i saw what my superiors were making, i immediately started plotting how i could get my own firm or fund. I wanted to own a traditional brokerage first, but i said to hell with that when i experienced all the BS you have to go through with Finra.
I worked my way up by getting my licenses...realized how to get to the money, and took my show on the road. I have always been enterprising, always looking for the way to get to exactly what I want and grinding to get it. Institutions care for CFA designation sometimes, however they are very fickle when giving you their money, I don't care to have them, i just want well to do people who have no time to manage their own portfolios. I have an exact niche.
I hate mutual funds. DFA and any other. There is no set it and forget it method to investing any longer. If you dont want to actively manage your portfolio get someone to do it for you.
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gold st capital
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invest my own money, travel, enjoy my family. I have more than one business. I will expand that one; its a tax business.
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Can I join your ponzi scheme?
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Do you think next year will be ugly no matter who is our presidente?
What are the best ways to go about this game for someone with no college degree but is a good trader?
What are the best ways to go about this game for someone with no college degree but is a good trader?
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Is it best to get as many of the licenses as you can early, or are some attainable later?
Right now, I'm part timing at school taking 6 hours, and studying for my series 7 in hopes of passing it before next semester...
I hear the 7 is the toughest ... the 66 is common sense...
Right now, I'm part timing at school taking 6 hours, and studying for my series 7 in hopes of passing it before next semester...
I hear the 7 is the toughest ... the 66 is common sense...
cs02132
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What do you think about BBDA
gold st capital
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This is not a ponzi...so the answer would be no
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gold st capital
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Yes next year will be ugly no matter who is president, but equity markets will fly due to the new QE3 get your money together.
No college degree necessary if you are willing to deal with rejection till someone give you a chance. being a good trader is a plus, become a trading assistant at a small brokerage firm, or start your own fund. I assume that is what you mean by the best way to go about this game. If this is not what you mean, please explain in detail so i may answer you more appropriately.
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Is there a minimum amount you ask for of clients?
gold st capital
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Get as many licenses as you can early as you can. The series 7 and 66 are right of passage if you solicit and manage money you need them. The & is very challenging i failed 2 times. The 66 is super easy, although many cannot pass it for some reason and end up with a 63. Definitely get the 66 though.
gold st capital
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100k. I sometimes take less depending on how well i know the client and how well they understand the risk involved with investing.
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truthgetsbusy
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are you white?
gold st capital
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i dont cover penny stocks, too easy to manipulate. Good luck trading though. I looked at the chart and it looks to be consolidating. Which way it goes depends on material events within the company... i would wager most of the news is false speculation to pump the price. At least the stock has good volume, you should be able to dump all the shares you own easily if you dont get left holding the bag. What i really dont like is not many news outlets cover the company and the company is raising most of its money by issuing stock. someone on the inside is going to get rich.
gold st capital
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What do you think about this quote?
"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."
"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."
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Can I skip all of that and raise capital trading on my own? Will clients have faith in me if I have not worked a day at a fund?
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Not to be elitist, but for real? Hedge fund insider? 7 pages?????????? lmaoooooo
Not to thread hijack but the current landscape is very, very hard to raise capital in.
Institution money is larger than individuals but they want a track record. I'm sure Gold St can answer based on his own experience but I'm seeing a lot of new managers launch with 50% of their goal and a huge weighting of that being Friends and Family (hence sub $500k-$1m entry).
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Asking questions and taking seriously some dude talk about his "hedge fund" who can't even use proper grammar and spell correctly? If my mans was actually doing it for real, he'd be about his money like everyone else who is actually doing it big and not providing tagged pics of the Porsche for NT. Shut this thread down.
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Do you consider your field and what you do to be beneficial to society? What do you produce/create?
(I asked the latter question to one of my friends who is a trader, and he said equity lol and im curious to see what your answer is).
(I asked the latter question to one of my friends who is a trader, and he said equity lol and im curious to see what your answer is).
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where do you get to know new companies to invest in?
I mean the list has no end, but how do you select, where do you find new companies that have potential, but aren't that well known for example.
I mean the list has no end, but how do you select, where do you find new companies that have potential, but aren't that well known for example.
