How Does A Successful Trader Find Investors/Backing? Requesting Advice ?

Discussion in 'Forex' started by jaygould, Sep 28, 2009.

  1. You are mistaken!
    I have no other interest but to help the OP about what I know.
    It is a fact that I was contacted by someone who is interested exploring the possibility of investment with me.
    It was a fact that I posted one of my test results (before the one you saw) which showed bigger return than 100000%+.
    I was just give guy a tip to attract potential investors on this site.
    There is nothing else, I had no intention to do anything with you guys what so ever.
    No accusation of any sort is accepted.
     
    #41     Sep 30, 2009
  2. Nattdog

    Nattdog

    I do not know if anyone has suggested these two ideas, but to me your best shot at continuing to trade is pretty obvious:

    1.) Become a guru by offering a course/and or an advisory service. If you actually know what you are doing or know how to make a profit you could add value to the forex guru space few others can, because most who do it are purely marketing with no real value add. Study up on internet marketing or team up with a marketer and you can make a bundle to fund your future endeavors.

    2.) There is a niche for people who can manage smaller accounts for retail futures/forex brokers. This one requires a bit longer timeline but here is how it works: 1.) Register as a cta. 2.) Go sell your program to the big retail futures brokers as a guy who can manage a 15k account. If u do ok with a few accounts, and it looks like your program will keep client accounts around and generate good commission income for them they will sell your program to their clients. They can bundle a bunch of smaller accounts for you and do the trade allocation.
     
    #42     Sep 30, 2009
  3. jaygould

    jaygould


    Thanks.
    I'll look into #2 . Any other advice appreciated.
     
    #43     Sep 30, 2009
  4. This is an initial phase that many profitable retail traders go through, searching/pursuing for years...only to realise that nobody will sponsor anybody to go to the casino to gamble on his behalf and miss all the action...

    Unless maybe you are a wealthmanagment/relationship manager who have been around with many Desparate housewives/dirty old man...
    that's why the industry is always recruiting this category of staff which gets worn/shacked out very fast... "raising funds"

    Your track records will only attract people who only want to learn your strategy or lure you to bring in the capital you have made by giving you a "JOB" for a month/quarter...which they say you "BLEW" just because of some irrelevant excuse...

    So forget about blowing jobs or raising funds and just focus on your own account...if you are good then compunding effect will help you all the way... then you will have another new level of concern about fund allocation to which brokers and time management like me...

    At some point you have to accept that this is the final truth...
    :cool:
     
    #44     Oct 3, 2009
  5. Never understood these threads... if your making consistent 5% monthly by the time your track record is good enough to prove it to investors you should have made enough money because youve averaged 5% monthly....Lets say the average worthy track record is 3-5 years of trading.. thats how long the track record would have to be for me to significantly say ok this guy knows what hes doing. if u invested 5k in 3 years you would have 30k and in 5 years you would have 100k with no additional capital deposits.. so in 5 years starting with 5k now you have an established track record... isnt 100k enough to trade with? now after a year if your doing it on collective2 and charging 100 bucks a month for people to follow your signals... which alot of people do nowadays rather than trying to learn the biz... you can make 1k with 10 subscribers.. use the additional money to go into your trading account. Now in 5 years youll have 500k... There is no reason why you need anyones capital in this business if you know what your doing... Goodluck
     
    #45     Oct 3, 2009
  6. why, quite simply!

    he build capital from his trading success!

    if he's a 'success', with a 'successful record', but 'needs money', he's a degenerate gambler in denial, and people would be insane to give him money
     
    #46     Oct 3, 2009
  7. sakhter

    sakhter

    LOL
     
    #47     Oct 5, 2009
  8. w4rn1ng

    w4rn1ng

    That is not exactly correct, let's imagine your capital is of just 10k, wouldn't be a good thing to manage a 500k account WHILE keep trading also your little 10k account? True you can build your capital and have a 500k account in 5-10 years, but you can also manage some big accounts and made your capital in just 4-5 months, i don't see why this sound not logic.
     
    #48     Oct 6, 2009
  9. As TZ has so aptly pointed out DO NOT triple up your leverage.

    I am not able to tell you an easy way to get from point A to point B (unless you can beg, borrow or steal from friends and family) but trying to make your $15,000 do the work of $50,000 does not triple your chance of blowing up ... it throws it up by at least a factor of 10 and maybe more ... maybe much more.

    Spend about three minutes with the Richter Scale and then assume that excess leverage has much more in common with computations of that nature than it does with 1 +1 = 2.

    Then, do as suggested, and study "Risk of Ruin".


     
    #49     Oct 6, 2009
  10. this is absurd..So in that sense Warren Buffet, Simons, soros, etc are wasting their time managing billions in assets...what a small mind you have. Why are so many agaisnt making a proper business of managing money?
    ----------------------------------------------
    Never understood these threads... if your making consistent 5% monthly by the time your track record is good enough to prove it to investors you should have made enough money because youve averaged 5% monthly....Lets say the average worthy track record is 3-5 years of trading.. thats how long the track record would have to be for me to significantly say ok this guy knows what hes doing. if u invested 5k in 3 years you would have 30k and in 5 years you would have 100k with no additional capital deposits.. so in 5 years starting with 5k now you have an established track record... isnt 100k enough to trade with? now after a year if your doing it on collective2 and charging 100 bucks a month for people to follow your signals... which alot of people do nowadays rather than trying to learn the biz... you can make 1k with 10 subscribers.. use the additional money to go into your trading account. Now in 5 years youll have 500k... There is no reason why you need anyones capital in this business if you know what your doing... Goodluck
     
    #50     Oct 12, 2009