Interesting. I have a few questions:
- Would you mind to show your past performance in Bitcoin trading?
- Can you explain how the 'mimick' part works?
- How much control would one have with the Mt.Gox API key? They would be able to execute trades, but couldn't possibly make withdrawal/deposit, right?
Thanks
Edit: yeah forget to ask about this 'high-watermark' point.
requesting a 10% performance fee on all gains from trading activities. We will operate on an investment cycle typically a week to a month.
So do you charge 10% of profit gained at the end of the investment cycle? Or charge 10% of the profit at the moment where the account's value is highest in the investment cycle?
For example, if the account did well and gained 20% early in the month, but didn't do so well afterward and ends the cycle with 10% loss, would you still charge fees from the unrealized gain at the peak, or won't charge anything because the account actually loss value at the end.