Recent content by SnookFishing

Does any one know of a good external video card for running several monitors on a LAPTOP? Thanks in advance!!!

Thanks for the help guys. I do mostly trade futures but would also like to use maybe like 20% of the capital to carry a few stocks that look good for a longer term trade and would like to have that option open to me as well. As far as legal advise. At this point I just haven't needed it yet.

No Lawyer. I did it myself.. My last step is to put together a disclosure document.

I am setting up as a CTA. I will be setting up an advisor account thru interactive brokers. I trade mostly Futures but would like to know if I would also be setup to trade stocks thru this platform (CTA and Advisors account) in the state of Florida. Thanks in advance.

Thanks to all that have replied!!! I do have my series 66 and yes, all qualify as accredited investors. I can appreciate what Anvil has stated about not cutting cost as this will have the fund better positioned for growth. However, at this point i am just interested in getting started at...

I appreciate the response. Do you know approximately how much it's going to cost me to get setup. I am mostly just looking to build a track record and the investors are just a few family members of whom i already manage their money. We now just want to change the structure to a hedge fund...

I would like to start a small hedge fund in Florida with about $5 million dollars. The investors will be friends and family, so i mostly want to keep the start up cost down as much as possible. If there is anybody out there that could provide any help, that would greatly appreciated.

Uptik, I really appreciate your help. I will look into it as this could definitely be a viable option.

i will not be playing individual stocks in a retirees IRA account. If that would be the case, then i would never consider taking on the account. The accounts will be diversified across different mutual funds and ETF's.

I totally agree with you. the thing is the compliance department at some of these firms are on this power trip and as a new broker won't even want to argue the fact. It could also be that they don't like that one may have an account with IB and paying the low fees instead of their higher fees...

Please excuse my ignorance, but I'm not sure what a POA is. Could you give me more info?

thanks for the reply. is there a way to set up a company in order to manage money for others without going thru a broker/dealer. and this way you keep 100% instead of say 35 to 45 % and not have to deal with the issues of not being able to trade?