I have developed an automated algorithm for leveraged Foreign Exchange trading. This may be known in the industry by various names such as Black Box Trading, Automated FX Robots, Quant Trading, etc.
The objective of this exercise is to amass enough funds for trades to be carried out by the algorithm in such manner that a credible track record can be built. The concept and parameters are proprietary to me and will only be disclosed to partners.
The algorithm has been fine tuned to yield consistent returns of approximately 3% per month, annual range between 15% to 40% returns per annum with strict adherence to risk management. Drawdowns are kept at a maximum of approx 15% at any one point in time. Leverage used never exceeds 1:50. Although automated, all trades will still be monitored hourly every trading day of the week.
I am seeking partners to join me in further developing this algorithm into a full fledged Hedge Fund or a fund of funds.