Just trying to see realistically what would have to be done for someone like me, a 22 year old, to start a fund with capital from friends and family. I have had a chance to trade futures and have a major reverence for volatility and how trends persist, etc, and traded much better say UCO and SCO ETFs than CL. I like the idea of either just a pure commodities literal hedge fund in the sense that it hedges vs. rising prices and look at beaten down things like corn and coffee (CORN and JO ETF) either as buy and hold until sizable percent gain, or more so for trades. I don't have a Series 3 so not a CTA or anything, although that intrigues me, too, although again, leveraged is a different story than just equity investing in something like JO. Can I just get the total funding and get it rolling or what kind of things do I need to be able to do this? I could see a more so trading prudent risk reward setups fund alongside a more so long term bullish cmdtys and only take profits on really nice run ups. All commodities and their ETFs that follow them; not an equities person. Through what brokerage would this be done, too, if it is under my (and maybe a friend who can help with research/ideas) control as far as the entrances and exits? Just trying to gauge realistically how hard it would be. I'm looking at other jobs for sure and in all likelihood will be doing something whether supply chain at a business or even prop trading at one of these more high tech prop shops, but like the idea of a hedge fund. I do commodity summaries every day for Oil, ES, gold, nat gas, coffee, with charts from investing.com I have broken down with fibs and trend lines and idiosyncratic 'edges' I think are on to something. Very into this. I like the idea of having to really be wrong on my thesis rather than getting stopped out on an overshoot as happened with futures trading (and I know if I gave that type of setup one more go I'd be way more competent and go with the flow more often/better capital preservation, etc., but I like being able to take 'some' heat.