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ctastartup1
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Posts: 0
Joined: September 5th, 2008, 3:05 am

Successful entrepreneur looking to partner with a successful trader

September 5th, 2008, 4:40 pm

Hi,These forums appear to be a wonderful resource for collaboration. To that end, I have recently become very interested in starting up as a CTA and would like partner with a successful trader. I would bring strong operations experience, initial starting capital and a deep network to raise both funds from high net-worth individuals as well institutional money. I have a bias towards a 100% systematic, non-discretionary system and would prefer for the strategy to be shorter-term focused with trades completed either daily or for short durations. I would require that you have deep experience as a trader and a background that is highly marketable to potential clients. The trading system should have actual results for at least 18 months if possible and the results can be audited. It will obviously be very important to show strong returns relative to risk. It will also be critical to show the system can scale to a $50+mm range of assets under management which I plan to be the goal over the next 3+ years. If you are interested in potentially working together to build a successful platform and believe your system can be the cornerstone of a successful CTA startup, please PM me and we can correspond. As a side note, I am by not any means looking to find systems I can trade myself. I am not a trader and that is not within my skill-set. If anyone also has ideas on other resources online to find an interested and successful collaborator on this project, please do let me know.
 
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rmax
Posts: 374
Joined: December 8th, 2005, 9:31 am

Successful entrepreneur looking to partner with a successful trader

September 8th, 2008, 10:49 am

I don't want to seem churlish, but doesn't your deep-network include traders?
 
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2fingers
Posts: 3
Joined: October 3rd, 2007, 10:43 pm

Successful entrepreneur looking to partner with a successful trader

September 8th, 2008, 12:05 pm

just curious, why did you use a nick called ctastartup1, would there be another startup later on using the nick ctastartup2?
 
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MiguelBoggiano
Posts: 0
Joined: September 29th, 2008, 5:12 pm

Successful entrepreneur looking to partner with a successful trader

September 29th, 2008, 5:30 pm

Ctastartup,I am a trader and have very good credentials: University of Chicago. I have my system. Trades on the Nasdaq. But I only have backward testing. The results are worth taking a close look...Here is my email: mboggiano@complexityinvestments.com. I am in Buenos Aires, Argentina.Best regards,Miguel
 
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ctastartup1
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Posts: 0
Joined: September 5th, 2008, 3:05 am

Successful entrepreneur looking to partner with a successful trader

April 29th, 2009, 4:11 pm

Since posting this in September, I wanted to follow-up to the forum. I have had some interesting conversations with very talented traders. What has become more interesting to me is working on high frequency strategies that do not require as much capital to be raised if any at all. The challenge lies in working with someone that can pull their existing strategy/system out of their current infrastructure and have the expertise to build a greenfield platform keeping the build out costs below $1mm. I was also interested in working with a trader to generate net profits over $5mm on a relatively low capital base. I look forward to continuing to meet and learn from the great talent that exchanges ideas on these boards and will keep everyone posted on my progress. If you have any advice or thoughts for me, you can message me or email me at ctastartup@yahoo.com.
 
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hlbeckley
Posts: 0
Joined: July 1st, 2009, 7:18 am

Successful entrepreneur looking to partner with a successful trader

July 7th, 2009, 9:57 am

CTASTARTUP.....how is this going?Was just wondering since CTA's have had some press around drawdowns and performance over the last year.What strategy are you specifically looking into? Trend trading?Have you looked at Ed Seykota's work...on "Trading Tribe" website I think.Must admit the trend trading notion appealed to me since fundamentals just dont work as they used to, plus my market is so fundamentally driven by the older guys who shun techies, quants and and trend traders...which in essence should spell potential profit as the market would trend with sets of data released into the mkt as everyone has the same view...bar a very small fewI agree with what you have discovered below...i tried to build a simplistic system on MetaStock and back test that , but getting data feeds and plugging into the greater systems to trade proved difficult and in the end i just waited for signals during my waking hours and manually traded off a e-trading paltform...but slipage and missing "night" signals hits your P&L, esp if you have currency positions and the time line is short dated.Anyway keep us posted...would be interestign to see how it all worked out.