If you are a trader you should definitely check out the new FundSeeder, especially if you are a skilled trader looking for an opportunity to eventually manage outside assets. (Full disclosure: I am one of the founding partners of FundSeeder.)First a quick summary of what FundSeeder does:

  1. Allows traders to establish broker-verified track records updated automatically every day.
  2. Provides traders with a range of performance metrics and a suite of analytical and graphical tools that can be used to display and analyze a trader’s equity curve and improve risk management.
  3. Provides a venue at which skilled traders can get discovered and have an opportunity to be selected to manage assets once properly regulated.
  4. Allows traders to compare ranking versus other traders.

Major Improvement in New Website

  • More Brokers Now Link to FundSeeder—We have expanded the list of brokers for which you can directly link your account to FundSeeder.
  • Users Can Now Upload Account Data to FundSeeder—If your broker is still not included in the expanded list of brokers allowing direct account links with FundSeeder, you can now take advantage of FundSeeder’s analytical graphics, statistics, and new trader tools by using a provided template to upload your historical account data. This upload feature can also be used by existing FundSeeder linked accounts to fill in missing older data.
  • Completely Redesigned Graphics and Analytic Display—FundSeeder now has a totally new look with greatly enhanced graphics and functionality. If you haven’t visited the site recently, check it out.
  • New Proprietary Trader Tools Added—New trader tools added include the following, with many more on the way:
    • Rolling Performance Measure—Generates chart that shows how selected statistic (e.g., Return, GPR, Sharpe ratio, etc.) measured over user-specified fixed interval (e.g., 12 months) varies over time. User can also select depiction window and benchmark comparison.
    • Underwater & 2DUC Charts—The underwater chart depicts the percentage equity drawdown for each day as measured from the prior equity peak. The 2DUC chart is a proprietary version of an underwater chart that adjusts for a deficiency in the standard calculation.
    • Equity Trend Analysis—This tool allows traders to apply technical indicators to their equity curve and generate a “strategy-adjusted” equity curve that shows the equity curve that would have resulted by liquidating all positions whenever there was a technical sell signal and reinstating the portfolio whenever there was a technical buy signal. Technical tools include:
      • Crossover Moving Average
      • Equity Breakout
      • Retracement from Peak
      • Bollinger Bands

Best of all FundSeeder.com remains 100% FREE—for now.  The site will remain free for the next 5,000 traders who sign up, so take advantage of getting your account linked to FundSeeder, while you can still do so cost free.

Lastly, if you want learn more about FundSeeder’s vision from Emanuel Balarie, my Co-Founder and CEO, I encourage you to read his post: “A Search Engine for Trading Talent: A Step Towards Disrupting the Hedge Fund Industry?

Happy Trading and I hope you enjoy the new site.

Jack Schwager

Chief Research Officer, FundSeeder