"First Loss" trader funding

There are TT guys on ET.Reach out for them and consult.

In case of a weekend gap or nuclear attck, nothing/no one will help you!
 
Just let the trader trade your own account, and you can manually close out positions if you want to. Or you can enter a 'disaster' stop.
 
Chuck, are we on same page here? you mentioned "Just let the trader trade your own account" What you mean, that is what I am doing but my question is how to automate stopping at pre determined Net liquidity?, and we are in diff time zones and even if we were in same time zone is there a independent tool, also what u mean by Distater stop? a normal SL? The situation is the trader will have Limited Power of Attorney to trade my a/c and I can't be there all the time , I am not a big or even a small prop firm who has resources to have a Risk manager or very high end Risk management tool working 24/6.... Here is such a tool but it is for a OTC FX .. https://www.fxcmapps.com/apps/close-trades/ so no use to me
 
Traderjo, you just described Collective2's business model. If you already have a trader in mind, you could ask him to sign up there, then you subscribe to his system and you have complete control over your funds...
 
I had a detail look with C2 and even Zulu trade also but the problem is no body can guarantee that a Global stop loss can be automatically applied, if you know a specific area on C2 or Zulu which mentions any such method let me know
 
Traderjohnsblog , What I am trying to do is what the Institutions do by providing a margin loan
so if you have 50K broker gives you another 50 K or in some countries that could be a diff ratio trader has 30K broker gives 70K
The lender does not take any capital loss just provides the capital, the borrower trade has his/ her capital at loss
- Making a a personal loan means you loose control. the person who borrows can just walk away
- Hiring a CTA is exactly o/p of what A Margin loan is as described above, In CTA case , the CTA does not take any risk, he is a regulated money manager...
 
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