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No offense taken. I was looking for someone who would manage a portion of my portfolio. Not the whole thing. I've been given this and no, I don't know much except what I've tried to learn in the last several months since I've gotten it. I've spoken to some more conventional money managers...

"Why in the world would you be searching for an option trader to manage your funds? " I wanted a strategy that would make money in bull and bear markets. Why do you?

That would be two, not toe.

Wow, such a difference in what toe people think is right. Anyone else care to weigh in w/ their perspective? Thanks.

opt789 said: "It is not legal for someone to charge a percentage of profits to a non-accredited investor." Well I never knew this. This is important information to know. And the rest as well. Thank you. So that means no one can trade on my behalf unless my net worth is over 1 mil? I was...

From Opt789: "Who is he registered with? How is he compensated? Are you and everyone else with him "accredited investors"?" Do you mean like NASD? He is registered there. It doesn't say in what capacity. It says he has passed: 2 Principal/Supervisory Exams 1 General Industry/Product...

From Opt789: "Who is he registered with? How is he compensated? Are you and everyone else with him "accredited investors"?" Do you mean like NASD? He is registered there. It doesn't say in what capacity. It says he has passed: 2 Principal/Supervisory Exams 1 General Industry/Product...

Thanks Loufah, for that link and your thoughts. No. it's not an anonymous person I met in a chat room. I see he doesn't have any complaints against him. I met him when he was a rep for a reputable company but not working as a financial advisor. For the last 6 months he's been managing his...

I"m considering setting up a managed account in my name and having someone trade options for me in a limited POA position. My acct is in a low cost brokerage house. I read something on a forex forum thread here, where someone had lost most of their money in a mangaed acct. Someone...