Recent content by aginvest88

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    Hedge fund rules

    Depending on what you plan on trading, becoming a CTA might be a much cheaper option
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    When do you include p&l to change position size?

    I manage a couple of small accounts(about $32,000 each) trading forex. My disclosure document states I can risk upto 1.5% on each trade. The stops on all the trades I do are set at 100 pips and wanting to keep the risk per trade to about 1%, I am using 32,000 position size for all the...
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    Anyone knows how to set up a Managed Future business?

    I didnt have any previous experience managing money, so I left performance record blank. I still don't have any clients and just managing my own account. Hopefully once I have 12 months of performance history, I might get some interest.
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    Anyone knows how to set up a Managed Future business?

    I became a registered CTA earlier this year. I used Dennis at www.irfutures.com for Disclosure Document and Advisor Procedures. If you have any specific questions, i would be more than happy to answer
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    what's the advantage of fx over FX futures?

    Yes, reading Hull would be very helpful. And yes you are right for someone trading size if there is any discrepancy(even if very small) that can be exploited I was talking from a small trader(like i am) pov where I have a very small book and on my trading size exploiting very small...
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    what's the advantage of fx over FX futures?

    yes sure if you hold it to maturity, you should gain in futures the int that could have been earned in fx. Though I wonder if on a day to day basisthe relationship gets exhibited explicitly.
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    what's the advantage of fx over FX futures?

    It all depends on what you are looking for. - If you are small/medium player looking at trading mainly USD based pairs and the strategy is the exchange rate going up or down then there is not really that much difference though fx has slightly longer hours - if you are trading non USD...
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    Getting registered as a CTA

    Our disclosure document has been approved by the NFA and we are permitted to talk to potential investors. Our annual NFA dues are under $3000(I believe its only $750 if you dont trade forex) https://www.nfa.futures.org/nfa-registration/NFA-membership-and-dues.HTML
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    Getting registered as a CTA

    If >10K is the norm, then I would definitely recommend talking to Dennis. My total cost which included fees and study guides for series 3 and 34 exams, forming a company, $2500/year to NFA for being registered as a forex firm and consulting fees for Dennis was less than $6,000.
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    Getting registered as a CTA

    I recently became a registered CTA approved for trading futures and forex. With a very limited budget I looked around hard for inexpensive options. All the lawyers I talked to were asking for minimum $5000. I ended up using Dennis at www.irfutures.com. If anyone is interested in getting...
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    Series 3: National Commodity Futures Exam Review Courses by FSIFX

    I recently cleared Series 3 and Series 34 exams. For the Series 3, I bought the study guide from www.theifm.org and for Series 34 I bought the guide from www.thectr.com. I think the prices were around $225 and $75. I also took the free sample tests at www.investopedia.com which were very...
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    Any lawyer recommendation

    I recently cleared my Series 3 and 65 exams and am trying to get registered as a CTA and/or RIA. I called a few lawyers and was quoted a very high price. Having gone through a lot of recent disclosure documents and brochures, I feel even I can just do all the paperwork but with the legal...
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