Recent content by marioeva

true but a) I do not big money left for other trades b) I am not a USA resident which means the expense cannot help me offset the tax

haha, have spent more time to solve that issue, just not here

Thank you for the advice, very helpful. I totally agree with you that I need to save the cost now and only pay for them when I am ready. Do you think I can just trade in my current individual account without setting up LLC or busniess checking ? Thank you

Good point. Thank you very much

I feel the same way... Given my situation, I think administrator and auditors are must. Lawyer and setting up investment mangager can be delayed

Understood. I am aiming at serious investors. I have already put decent amount of my own money into the account. At this stage, I am only looking after trade record. I am willing to pay the fees to get it done properly. If I can save couple grands by delaying the unnecessary services, it...

Thank you for the advice. If I am aiming for investors other than seeders like pension funds or family offices, do I need to set up the fund and hire administrator and auditor? Thank you again

Can you please name one with reasonable cost? Again in order to have a TPA, do I have to set up a hedge fund? Thank you

Just did a quick check on Covestor. It seems that my trade details will be available to everyone

Thank you. I will get in touch with auditor

Do you mean without creating the hedge fund and just give auditor the access to my individual IB account? Thank you

where? thx

Hi, guys I plan to use ONLY my own money to develop a trade record. My understanding is that opening an indivual account at IB cannot get the return audited. Correct me if I am wrong. I plan to set up a hedge fund. Because its my own money, there is no performance fee or incentive...

Thank you. But I am more looking for legal solution that can work within the rules, given the fact that my employer will not approve. Eg offshore LLC under other people's name?