So you programmed your system in 6 months. And you have no "live" trading experience. But you want other people's money to trade? Uh, okay.... Also, I found this extremely puzzling.... "Example: test this out on my own with 100K and make 50K (50%). After expenses, I have nothing left over." WTF are you talking about? If you trade 100k of your own money and make 50k, what expenses are we talking about? You already have the system. Just buy a new, dedicated computer at home and remotely access it while at work or buy a laptop to run your system while you are working. Since it's quasi-automated, you shouldn't need to babysit the system all the time. Just trading with your 500k, if you can make even 20%, that's extra 100k for your family...in addition to whatever you are making at your current job.... Do that for at least a couple of years and keep growing your 500k to whatever. Build a track record first before even thinking about asking others' money. People are not going to give you money based on your "untested" 6-month old trading system.
It's all self marketing. You gotta whore yourself with marketers, buy suits, work on public speaking, get polished, and someone will be dumb enough to throw a few mill your way.
If this system is as you say. use your 500k to run for a year. have an acct audit it and if is as you say you should have no problem sellilng a system that make 50% ayear. Just do not break the rules of offering this find a lawyer who has done this before.
something doesn't seem right here.. ok so 100k for bills, why do you need office space/marketing if its returning 50% consistently. Yr 1 400k*1.5 - taxes =530000 Yr 2 430k*1.5 - taxes = 570000 etc etc.
Dear Tracy, Thank you for your reply. I think you understand what my issues really are. So the question is: --what marketers....how do I get on their radar screen? --public speaking....to what audience? --based on the lousy average returns of most money managers with verifiable track records, who appear to be getting money thrown at them regardless of lousy performance, where is this dumb money.....it clearly has to exist somewhere....
how is it "quasi-automated" and "no touch" anyhow, a hedge fund cannot market itself or advertise. You can have one offering but you cannot consistently sell to others.
Yes, for procedures only. But experience is still a "must". If you know the aviation industry, you know that airlines want "real time" in your logbook. Otherwise, every guy who's good at videogames can be an excellent pilot. Same applies for trading.
It's called "battle tested", and until the O.P. gets real, this thread is but another to be thrown alongside all the "I'm 20 and how do I get started in trading" threads. Clearly this guy is just another programmer with a self-percieved "edge". Good Luck!