Starting a small trading business

Discussion in 'Professional Trading' started by nravo, Sep 17, 2007.

  1. nravo


    Ok, I have my own money and have a couple strategies I like, sectors (water and Australia), as well as strategies (diagonal call spreads, short calls and puts on currency futures, indexes. If I wanted to take the next step, pick up a RIA, maybe a CTA (and a Series 3), what would be the best type of fund (closed, open, cta, hedge, managed accounts, even fund of funds) to start with my own, say the miniscule amount of $250,000, to get a track record that can be independently verified and down the road marketed by a third party as an emerging manager? I am assuming it would depend on strategy -- but also size of the fund (very small to start obviously) versus annual expenses, legal, accounting and back office. What are my options? Turn keys feasible? I apologize in advance for the broadness of this query, but I assume my questions have been pondered by many out there.