System Developers Journal

Does the offer of 50% stand now also?

 

It's not a 50% offer off of our prices. We have special packages which CSI put together for us which we sell at a large discount versus if you had bought the same data directly. This offer is for customers of TradersStudio.

 

Discussion regarding “Pooling of Money by Friends and Family in Trading”

My friends & family were discussing on the pooling of money for the trading purposes. Among ourselves, we can manage around $100,000, I have 4 people who can put in 25,000 each. However, there are a few questions, which I would like to have answered before we move on ahead, as follows:

1. Is the pooling of money beneficial & legal? We want to have enough money to trade a "trend following system" combined with a bond and e-mini system to give us diversity.
2. What about the legalities & paper work that is required among friends?
3. How do we distribute the profits & losses, in order to take care of the tax issues?

Please comment.

 

A thread relating to the pooling of money topic was started earlier as follows:

Help regarding “Pooling of Money by Friends and Family in Trading”

A lot of useful comments were made, please have a look and comment. Thanks.

 

Jai:

Thanks, Murray for the reply. I had gone through it and found it interesting.

 

Well, thanks Murray, for the confimation. Sorry for the late reply, did not realise that you had replied it.

 

Thanks Mr. Murray, for the reply. Sorry, Mr. Murray to have replied so late.