How Does A Successful Trader Find Investors/Backing? Requesting Advice ?

[adadadog]

Quote from Corelio:

This is outright absurd to put it in nice words. You would show more dignity and respect for others by just saying that your claim of fund managers posting a 10000% annual return was unfounded and without a glimpse of merit. Instead, you try to portray yourself as knowledgeable in an attempt to place your persona above others. Finally, you lower the bar even more by expecting others to believe in these bogus performance reports.

Next time show some humility and respect, and try not to underestimate the ability of others. If there is one lesson that you should take from all this is that the moment you underestimate your competitors (or the market) then the moment you will be taken to the cleaners is not too far away.

You are mistaken!
I have no other interest but to help the OP about what I know.
It is a fact that I was contacted by someone who is interested exploring the possibility of investment with me.
It was a fact that I posted one of my test results (before the one you saw) which showed bigger return than 100000%+.
I was just give guy a tip to attract potential investors on this site.
There is nothing else, I had no intention to do anything with you guys what so ever.
No accusation of any sort is accepted.

 

[Nattdog]

I do not know if anyone has suggested these two ideas, but to me your best shot at continuing to trade is pretty obvious:

1.) Become a guru by offering a course/and or an advisory service. If you actually know what you are doing or know how to make a profit you could add value to the forex guru space few others can, because most who do it are purely marketing with no real value add. Study up on internet marketing or team up with a marketer and you can make a bundle to fund your future endeavors.

2.) There is a niche for people who can manage smaller accounts for retail futures/forex brokers. This one requires a bit longer timeline but here is how it works: 1.) Register as a cta. 2.) Go sell your program to the big retail futures brokers as a guy who can manage a 15k account. If u do ok with a few accounts, and it looks like your program will keep client accounts around and generate good commission income for them they will sell your program to their clients. They can bundle a bunch of smaller accounts for you and do the trade allocation.

 

[jaygould]

Quote from Nattdog:

I do not know if anyone has suggested these two ideas, but to me your best shot at continuing to trade is pretty obvious:

1.) Become a guru by offering a course/and or an advisory service. If you actually know what you are doing or know how to make a profit you could add value to the forex guru space few others can, because most who do it are purely marketing with no real value add. Study up on internet marketing or team up with a marketer and you can make a bundle to fund your future endeavors.

2.) There is a niche for people who can manage smaller accounts for retail futures/forex brokers. This one requires a bit longer timeline but here is how it works: 1.) Register as a cta. 2.) Go sell your program to the big retail futures brokers as a guy who can manage a 15k account. If u do ok with a few accounts, and it looks like your program will keep client accounts around and generate good commission income for them they will sell your program to their clients. They can bundle a bunch of smaller
accounts for you and do the trade allocation.

Thanks.
I'll look into #2 . Any other advice appreciated.

 

[virtualmoney]

This is an initial phase that many profitable retail traders go through, searching/pursuing for years...only to realise that nobody will sponsor anybody to go to the casino to gamble on his behalf and miss all the action...

Unless maybe you are a wealthmanagment/relationship manager who have been around with many Desparate housewives/dirty old man...
that's why the industry is always recruiting this category of staff which gets worn/shacked out very fast... "raising funds"

Your track records will only attract people who only want to learn your strategy or lure you to bring in the capital you have made by giving you a "JOB" for a month/quarter...which they say you "BLEW" just because of some irrelevant excuse...

So forget about blowing jobs or raising funds and just focus on your own account...if you are good then compunding effect will help you all the way... then you will have another new level of concern about fund allocation to which brokers and time management like me...

At some point you have to accept that this is the final truth...

 

[nukethewhales31]

Never understood these threads... if your making consistent 5% monthly by the time your track record is good enough to prove it to investors you should have made enough money because youve averaged 5% monthly....Lets say the average worthy track record is 3-5 years of trading.. thats how long the track record would have to be for me to significantly say ok this guy knows what hes doing. if u invested 5k in 3 years you would have 30k and in 5 years you would have 100k with no additional capital deposits.. so in 5 years starting with 5k now you have an established track record... isnt 100k enough to trade with? now after a year if your doing it on collective2 and charging 100 bucks a month for people to follow your signals... which alot of people do nowadays rather than trying to learn the biz... you can make 1k with 10 subscribers.. use the additional money to go into your trading account. Now in 5 years youll have 500k... There is no reason why you need anyones capital in this business if you know what your doing... Goodluck

 

[swtrader]

Quote from jaygould:

Hello,

I am now consistently making a 5% return per month trading Forex, after working on my strategy, practicing, and trading the market for about about 3 years. Two years part time and this last year fulltime to generate a verifiable track record.
Problem is, I have a small amount of capital that I work with. About $15K, which is not enough cover living expenses.
What I do is easily scalable, I make about 50 trades a month.
My question to the braintrust here is, what could my next step be ?
I would need backing or investment in order to continue to do this fulltime.
I do not have wealthy friends or family.
Where could I go to get things off the ground from this point and grow ?

why, quite simply!

he build capital from his trading success!

if he's a 'success', with a 'successful record', but 'needs money', he's a degenerate gambler in denial, and people would be insane to give him money

 

[sakhter]

Quote from swtrader:

why, quite simply!

he build capital from his trading success!

if he's a 'success', with a 'successful record', but 'needs money', he's a degenerate gambler in denial, and people would be insane to give him money

LOL

 

[w4rn1ng]

That is not exactly correct, let's imagine your capital is of just 10k, wouldn't be a good thing to manage a 500k account WHILE keep trading also your little 10k account? True you can build your capital and have a 500k account in 5-10 years, but you can also manage some big accounts and made your capital in just 4-5 months, i don't see why this sound not logic.

 

[Swan Noir]

As TZ has so aptly pointed out DO NOT triple up your leverage.

I am not able to tell you an easy way to get from point A to point B (unless you can beg, borrow or steal from friends and family) but trying to make your $15,000 do the work of $50,000 does not triple your chance of blowing up ... it throws it up by at least a factor of 10 and maybe more ... maybe much more.

Spend about three minutes with the Richter Scale and then assume that excess leverage has much more in common with computations of that nature than it does with 1 +1 = 2.

Then, do as suggested, and study "Risk of Ruin".

Quote from TraderZones:

*sigh*. Someone driving on a dark, icy, winding mountain road with no guard rails, thinks that the best way to get there, is to triple their speed...

You need to study "Risk of Ruin"

 

[chipmunk]

this is absurd..So in that sense Warren Buffet, Simons, soros, etc are wasting their time managing billions in assets...what a small mind you have. Why are so many agaisnt making a proper business of managing money?
----------------------------------------------
Never understood these threads... if your making consistent 5% monthly by the time your track record is good enough to prove it to investors you should have made enough money because youve averaged 5% monthly....Lets say the average worthy track record is 3-5 years of trading.. thats how long the track record would have to be for me to significantly say ok this guy knows what hes doing. if u invested 5k in 3 years you would have 30k and in 5 years you would have 100k with no additional capital deposits.. so in 5 years starting with 5k now you have an established track record... isnt 100k enough to trade with? now after a year if your doing it on collective2 and charging 100 bucks a month for people to follow your signals... which alot of people do nowadays rather than trying to learn the biz... you can make 1k with 10 subscribers.. use the additional money to go into your trading account. Now in 5 years youll have 500k... There is no reason why you need anyones capital in this business if you know what your doing... Goodluck