Minus comissions and margin interest, the account rose to approx. $220,000.00 by Dec 2003, even at the tail end of a Wave 3 bull run in the NASDAQ.
He made it $500,000 in Jan 2004, and it became approx. $630,000.00 minus comissions and margin interest in 2 months. I got paid between 35%-50% of the profits. *Update 6/13/06: For all the questions I'm being swamped with...It was a 3rd wave hedge fund, and once there's a clear sign of a new 3rd wave in any index or sector it will restart again..the new Gem-X 3rd wave fund is being limited to 100 for now, and the min. investment is being discussed. Don't want it to be too big...it has to be elastic.
hi i have 50000 to invest in stocks how much % will you take from profit.
Posted by: saleh | December 14, 2005 at 12:00 PM
If I can legally setup a hedge fund, I'd do it..I'm working on it.
Posted by: gem-x | December 23, 2005 at 03:44 AM
i love what your doing id like to join in on the fun how and where can i get started. i have a basic knowledge of the market any advice where i can go to learn more about your system?
Posted by: maximillion disla | August 18, 2006 at 05:04 PM