I have, although I don't want to start some fistycuffs here. I just came up with it sitting at stupid hours of this morning for reasons I am not even going to warrant...:
Mods please only slap my wrist and I'll get rid of this if it causes any pains, don't ban me or something, I love FF!!
I'll make it a hypothetical first, perhaps that will save a bit of aggravasion.
Let us say I've 10K to burn. And rather than go to the bookies, casino or buy my wife something amazing, I said this:
I am searching for 4 traders. I'll provide you 2.5K each to exchange as aggressively as you like up to 10K. When it hits 10K, we start taking 50 percent of net profits generated per week by this 10K each, and the rules vary. (don't worry, it will still be fun)
From 10K:
Rule1: No more than 5 percent risk on any trade.
Rule2: No more than 20% complete risk on last weeks final equity balance.
Rule3: No more than 15 percent drawdown on last weeks final equity balance.
I will expect rigorous and extremely acurate record keeping, and if you have time, then a journal/diary for notes on reasons for taking trades.
I'll probably wish to do some DD on ya too:
Now, I understand what your MM-spidey senses are tingling, I don't wanna get into a debate about what sh*tty MM that's, but hey, I stated I'd 10K to burn didn't I.
*cough* tax-write-off *cough*
Nope, just kidding, don't repeat this, that's not correct!
Any volunteers?
All my risk, 50% profit share?
Anybody?