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Yes exactly, so I was thinking offshore. To avoid first the "qualified" investor rules, because my investors would not be of the super wealthy type, ie >1Million in assets, or >100k in revenues (for many), or investing >100k (none..)

Well yeah the more the merrier of course..... To be perfectly honest I don t come from a super wealthy background (statiscally surprising.. LOL..) and woud be looking to start first maybe 25 accounts with 10k€, which I have found is a sum a lot of people interested are willing to risk... so...

It s also a lot down to TV which has a huge influence on generation "Y" and Millennials.. Everybody you see on TV is a huge success of some form... (hidden message : "YOU SHOULD TOO !!!"...) Same distortion on Facebook : only see posts of expensive holidays, fine eateries etc...

Yes that s my idea. Question is : what is the proper way to do it LEGALLY? (ir manage other people s money, even if they are friends/family, I guess there must be some constraints, and it might be better to do it offshore, BVI etc)

The typical ET endless thread... : "I am..." "No, you're not.) "Yes, I am." "No. No, you're not." etc etc etc etc etc etc That over 10+pages at least to make it a successful post. Awesome.

Also, how do you solve the vicious circle : "I do not have a track record managing X, but I am trying to raise X. However, a track record not managing X is not a "valid" track record to raise X..." ?...

Starting small, for example family and friends? What are the cheapest ways to do it legally (I guess offshore)? What is the minimum AUM for which you would deem it worthwhile starting a fund? (even though the idea is to start small and grow witrh performance)

are you an expat? do you come from one of the banks there?

probably a lot of hookers cos not very famous for its party scene..... you should go to Spain instead..

John´s house gets hit by a nuclear bomb while he was trading Gold, heavily long 1000 contracts... Now John will never get to cash the money on his brokerage account... Discuss.

1) Why would you bet when below 50%??? go to a roulette "near you" instead... (and get 49%, YAY !..) 2) You forgot to mention loss/win ratios... without which the win rate is completely meaningless... Acrary post is the best post so far.

SPOT ON ! Jeezuz and am sure this guy wanted to make it sound so cool like he knew a thing or two and had the balls... (well, to loose it all)

"You got cash" but you got no balls.. be a real man and be with a woman who is not with you for the money.. poor chump...

how come ET does not organize any demo trading contest??

so far have managed to regain drawdowns quite quickly... let s if that continues.. maybe markets have just been good... however approaching 1000 trades since beginning of track record. right now have only my gains to lose... not equity, or it seems a long way at least... yes broker might be...

LOL It is just the essence of trading... Way too much chit chat on Elite Trader... instead of saying your system is so good just post trades..! or targets.. scalp/ ID/ swing.. whatever

exactly market surfer.. i am not saying it is impossible, since statistics "prove" otherwise. but sticking to a system is eXtremely difficult, no matter how smart/easy/profitable you thought the system was when you set it up...

using appropriate statistics i can "prove" you can make 10million a year starting with 10k.. however no trader does it.. why??...

anyway. was expecting this kind of teasing.. if you have any advice on (real) prop firms (not the ones after space/execution fees), thanks.

ah ah :). i have worked a lot on the ego and it shows on the results... let just say i am very wary of "corporations" in general, I am more entrepreunarial, which is one of the reasons I got attracted to trading in the 1st place. but then thinking about it yesterday again I think it is non...