Afternoon. I am a professional full time prop trader based in London. I am looking to connect with a trader or business partner who has capital (£250k+, ideally £500K+) and is struggling to trade profitably or is looking for an income from trading. I will give you my knowledge and time for free in return for use of your capital. If interested please read on.
The strategies I use are ‘safe’ multi leg future spreads. I call them safe because the majority of the time they are range bound (weeks and months at a time) and its simply a case of buying cheap and selling expensive prices + understanding why the spread is moving. The problem I have and I see other prop traders at other firms having is they are undercapitalised. So what happens is we try and put on too many trades and day trade because we are looking to use our edge as many times as possible. This results in sometimes getting involved at prices that are not the most favourable. If you are properly capitalised and have £250k+ then you can absolutely wait for the best prices, this might only occur once or twice per week. You would look to make £5k per trade (2% of capital) and have a similar stop in place. Most people think successful trading is about sitting there all day with a bunch of guys but the people who clean up trade very seldom and are well capitalised.
Think of it this way. Say you have a coin which instead of a 50/50 flip is a 80/20 flip however this is a special coin and you can only flip it once a week, if you win the coin flip you win 100% of your bet, if you lose then your stake is gone. Now consider that it costs you £1000 to £2000 per month for the right to be able to flip this coin and you only have £25k in your account, in addition the person who owns the coin charges you 20% to 40% of your winning from the coin. What happens is you pay your fees and flip that coin once per week, you realise you cannot make much money as your account is not large enough. Then along comes someone who is properly capitalised they have £250k in cash. They are able to go to a new broker and say I will deposit 100k (holding back the remainder in reserve) with you to give me access to flipping that coin once per week. They get 100% of profits as they have a larger account and know who to go to, they get £500pm software because they are able to demand lower fees with a larger account. This second person is happy flipping the coin once per week as they can make 2% of £5k profit per week, they don’t sit there all day looking for other inferior opportunities. This 2% compounds quickly. Meanwhile the £25k account guy looks around for other coins to play and starts playing 55/45 or worse 50/50 flip coins and his account gets eaten out by fees.
If like myself you have a £25k account then it is difficult to only trade once per week at the best prices. This is because if you aim to make 2% that is only £500 and there are monthly costs to running these strategies. Therefore you try and trade more and don’t get the best prices causing lower profitability. It’s a catch 22 situation.
Prop Trading is a secretive profession, I can tell you there are many firms that call themselves prop firms in London but in reality they are just full of 20 somethings punting the outright, just like the home retail trader punting eurusd or S&P futures just with lower round trip costs and large software/deskfees. I have traded for numerous firms and I know the strategies they employ, I know who has a genuine edge and why they have it. I know who doesn’t have an edge and their business model.
I can fully explain to you why these edges exist and continue to exist in the market. Most edges once discovered are shut down by institutions who have to trade in large size and the opportunity is arbed away. With the strategies I trade the liquidity is constrained hence institutions are not interested in trading them as they cannot capitalise it. For example even if with a relatively small institutional fund of £20m it would be hard to operate the edges I trade, this is because the size you would need to get on in the individual legs of the position would move the market against you nullifying the edge. If an individual has £250k - £2m there is enough liquidity in the individual futures legs to capitalise on the edge. In short the institutions don’t complete for price in the positions I trade, they are active but don’t complete for price and that’s why the edge exists.
I am trying to find someone I can work with who is well capitalised. If you want to learn how to trade profitably for FREE from a full time professional then pm me and we can meet for a coffee at a hotel in London. You might not want to learn how to trade yourself, that’s fine, perhaps you just want to understand how approximate returns of 2% per week are generated. I am willing to travel outside the UK subject to my travel expenses being paid.
I have the connections set up so you can set up an account with the largest future clearer in London, the round trip costs are the lowest available (believe me I have checked I know it inside out) which is necessary for these multi leg strategies. The account would be set up as a proprietary trading account however 100% of the profits would be credited to your account. There is a £500pm software fee which is absolutely required to handle the complex spread order types. Importantly the account is segregated which means it is separated from other traders accounts with the prop firm (largest futures clearer in UK). Another protection for you would be to only deposit in your account what is required to cover the margin of the expected positions. So for example if you have £250k in liquid capital, you would only deposit £50k or £100k to cover the margin. In summary the account is in your name or a company you 100% own, 100% segregated from all other trading accounts (vital imo), lowest round trip costs and lowest software costs available in UK and receiving 100% of profits.
My remuneration would be based on performance only which would be a % split of the growth within your account.
If you are interested please pm me and we can arrange a face to face meeting, preferably over a coffee at a hotel in the West End, City. I completely value my privacy and the prop trading industry is secretive & small in London, everyone knows each other if they have been around for a while. People tend to get upset if you reveal strategies that some firms use and for good reason as they can be liquidity sensitive. I would therefore need everything to remain confidential and based on trust between both parties.
Thanks.
The strategies I use are ‘safe’ multi leg future spreads. I call them safe because the majority of the time they are range bound (weeks and months at a time) and its simply a case of buying cheap and selling expensive prices + understanding why the spread is moving. The problem I have and I see other prop traders at other firms having is they are undercapitalised. So what happens is we try and put on too many trades and day trade because we are looking to use our edge as many times as possible. This results in sometimes getting involved at prices that are not the most favourable. If you are properly capitalised and have £250k+ then you can absolutely wait for the best prices, this might only occur once or twice per week. You would look to make £5k per trade (2% of capital) and have a similar stop in place. Most people think successful trading is about sitting there all day with a bunch of guys but the people who clean up trade very seldom and are well capitalised.
Think of it this way. Say you have a coin which instead of a 50/50 flip is a 80/20 flip however this is a special coin and you can only flip it once a week, if you win the coin flip you win 100% of your bet, if you lose then your stake is gone. Now consider that it costs you £1000 to £2000 per month for the right to be able to flip this coin and you only have £25k in your account, in addition the person who owns the coin charges you 20% to 40% of your winning from the coin. What happens is you pay your fees and flip that coin once per week, you realise you cannot make much money as your account is not large enough. Then along comes someone who is properly capitalised they have £250k in cash. They are able to go to a new broker and say I will deposit 100k (holding back the remainder in reserve) with you to give me access to flipping that coin once per week. They get 100% of profits as they have a larger account and know who to go to, they get £500pm software because they are able to demand lower fees with a larger account. This second person is happy flipping the coin once per week as they can make 2% of £5k profit per week, they don’t sit there all day looking for other inferior opportunities. This 2% compounds quickly. Meanwhile the £25k account guy looks around for other coins to play and starts playing 55/45 or worse 50/50 flip coins and his account gets eaten out by fees.
If like myself you have a £25k account then it is difficult to only trade once per week at the best prices. This is because if you aim to make 2% that is only £500 and there are monthly costs to running these strategies. Therefore you try and trade more and don’t get the best prices causing lower profitability. It’s a catch 22 situation.
Prop Trading is a secretive profession, I can tell you there are many firms that call themselves prop firms in London but in reality they are just full of 20 somethings punting the outright, just like the home retail trader punting eurusd or S&P futures just with lower round trip costs and large software/deskfees. I have traded for numerous firms and I know the strategies they employ, I know who has a genuine edge and why they have it. I know who doesn’t have an edge and their business model.
I can fully explain to you why these edges exist and continue to exist in the market. Most edges once discovered are shut down by institutions who have to trade in large size and the opportunity is arbed away. With the strategies I trade the liquidity is constrained hence institutions are not interested in trading them as they cannot capitalise it. For example even if with a relatively small institutional fund of £20m it would be hard to operate the edges I trade, this is because the size you would need to get on in the individual legs of the position would move the market against you nullifying the edge. If an individual has £250k - £2m there is enough liquidity in the individual futures legs to capitalise on the edge. In short the institutions don’t complete for price in the positions I trade, they are active but don’t complete for price and that’s why the edge exists.
I am trying to find someone I can work with who is well capitalised. If you want to learn how to trade profitably for FREE from a full time professional then pm me and we can meet for a coffee at a hotel in London. You might not want to learn how to trade yourself, that’s fine, perhaps you just want to understand how approximate returns of 2% per week are generated. I am willing to travel outside the UK subject to my travel expenses being paid.
I have the connections set up so you can set up an account with the largest future clearer in London, the round trip costs are the lowest available (believe me I have checked I know it inside out) which is necessary for these multi leg strategies. The account would be set up as a proprietary trading account however 100% of the profits would be credited to your account. There is a £500pm software fee which is absolutely required to handle the complex spread order types. Importantly the account is segregated which means it is separated from other traders accounts with the prop firm (largest futures clearer in UK). Another protection for you would be to only deposit in your account what is required to cover the margin of the expected positions. So for example if you have £250k in liquid capital, you would only deposit £50k or £100k to cover the margin. In summary the account is in your name or a company you 100% own, 100% segregated from all other trading accounts (vital imo), lowest round trip costs and lowest software costs available in UK and receiving 100% of profits.
My remuneration would be based on performance only which would be a % split of the growth within your account.
If you are interested please pm me and we can arrange a face to face meeting, preferably over a coffee at a hotel in the West End, City. I completely value my privacy and the prop trading industry is secretive & small in London, everyone knows each other if they have been around for a while. People tend to get upset if you reveal strategies that some firms use and for good reason as they can be liquidity sensitive. I would therefore need everything to remain confidential and based on trust between both parties.
Thanks.
Have capital but don’t know how to trade?
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