How to become a money manager?

jonfos said:
minimum capital needed around $2-5 million given you need to be charging between 2-5% management fees in order to get $100,000 p.a. to support yourself and any technology you require.

Typically a hedge fund has it's assets in a holding company in the Caribbean through a feeder fund such as partnership in the U.S. with the performance fees and management fees paid to a Delaware company, the best way to fund the operation is by lending a vast majority of the money to the company instead of investing it that way if you invest $10,000 and lend the company a further million that way you have essentially invested $1,010,000 but when it comes to CGT you can withdraw any of the initial loan of $1 million tax free given that you have not earnt any interest and therefore taxable income on the loan, the Delaware company pays for fees and operating costs like technology such as a Bloomberg or Eikon terminal or whatever your EMS provider is however to use this technology your holding company typically requires at least $5 million minimum to have a prime brokerage account from an investment bank. However if your running a hedge fund often best to get DMA to NASDAQ or NYSE as well as access to bonds and FOREX through your EMS like Bloomberg or Eikon if you are trading futures Eurex membership or CME direct is required however if you don't have the money required best to just stick to IBKR products with a friends and family account, legal advice is worth it when starting a hedge fund.
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Hi!
that is the minimum capital recommended to open a hedge fund.

But how much is the minimum legally required to open a hedge fund in the United States legally?

The minimum required by law to create a hedge fund in the United States.
 
raik07 said:
Hi!
that is the minimum capital recommended to open a hedge fund.

But how much is the minimum legally required to open a hedge fund in the United States legally?

The minimum required by law to create a hedge fund in the United States.
More...


So since you lost all the money in your family funds you want to steal it from strangers?

Asshole.

https://www.elitetrader.com/et/thre...career-as-a-trader.360931/page-2#post-5439248

"...I lost a total of $ 35,000.

$ 20,000 was from the loan my parents took...."



"...That is why I was motivated to share my story so that many would identify with it and not make the same mistake.

It seems something so incredible but the truth is that it is more common than many people think.

Every day many novice traders are financially ruined so I try to raise awareness by telling my story..."

"...
my parents took the loan from the bank, when I lost all the money they gave me a boost of confidence so that I did not go into a strong depression. They took charge of paying the debt to the bank.

Since I started working at the bank, my only goal was to save as much as possible to one day return all the money that my parents had paid to the bank, so I saved a lot for more than 4 years to return the money..."


You are an absolute thief. Stealing money from wherever you can with NO respect to the people you borrowed money from. Hedge fund? AHHAHAH!

Sorry dude, you ain't getting much business from anyone on this forum, because you stole money from YOUR OWN PARENTS. YOU POS. FUCK OFF! Try the forum down the street, man.
 
Overnight said:
So since you lost all the money in your family funds you want to steal it from strangers?

Asshole.

https://www.elitetrader.com/et/thre...career-as-a-trader.360931/page-2#post-5439248

"...I lost a total of $ 35,000.

$ 20,000 was from the loan my parents took...."



"...That is why I was motivated to share my story so that many would identify with it and not make the same mistake.

It seems something so incredible but the truth is that it is more common than many people think.

Every day many novice traders are financially ruined so I try to raise awareness by telling my story..."

"...
my parents took the loan from the bank, when I lost all the money they gave me a boost of confidence so that I did not go into a strong depression. They took charge of paying the debt to the bank.

Since I started working at the bank, my only goal was to save as much as possible to one day return all the money that my parents had paid to the bank, so I saved a lot for more than 4 years to return the money..."


You are an absolute thief. Stealing money from wherever you can with NO respect to the people you borrowed money from. Hedge fund? AHHAHAH!

Sorry dude, you ain't getting much business from anyone on this forum, because you stole money from YOUR OWN PARENTS. YOU POS. FUCK OFF! Try the forum down the street, man.
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you think hiding behind a nick gives you the right to offend everyone.

If I wanted to scam someone I would not have published my story here. It seems that you don't even know how to use the logic friend.

what if! that's my story and you don't know how proud I am of it.

I could go around the world talking about my experience a thousand times.

Now, I asked about the background just out of curiosity, I don't even live in the United States, stupid.

Before launching aqucations without knowing better, do a little research. don't make a fool of yourself here in front of everyone.
 
By the way, after that experience, what came was something very positive because I understood how the business works, and what you don't have to do to be successful in this business.

Later I will publish a post about those results that I have obtained after my heartbreaking experience so that you can go my post to spit out your ignorance and make a fool of yourself.

And finally I thank you for promoting my thread about my failure.

the more people see it, the better.

that's my goal, to prevent others from making the same mistake as me.

So thanks.
 
raik07 said:
you think hiding behind a nick gives you the right to offend everyone.

If I wanted to scam someone I would not have published my story here. It seems that you don't even know how to use the logic friend.

what if! that's my story and you don't know how proud I am of it.

I could go around the world talking about my experience a thousand times.

Now, I asked about the background just out of curiosity, I don't even live in the United States, stupid.

Before launching aqucations without knowing better, do a little research. don't make a fool of yourself here in front of everyone.
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Here are the basics that you have tried to couch in miasic words. You lost a ton of money you borrowed from your parents, and now are trying to get it back by stealing it from strangers, by becoming a "money manager." Don't you realize how obscene this seems to your reading audience?

You lost all that money from your parents, and now you ask here how to manage money for other people?

You're just going to lose their money as well! Fer crying out loud!
 
Overnight said:
Here are the basics that you have tried to couch in miasic words. You lost a ton of money you borrowed from your parents, and now are trying to get it back by stealing it from strangers, by becoming a "money manager." Don't you realize how obscene this seems to your reading audience?

You lost all that money from your parents, and now you ask here how to manage money for other people?

You're just going to lose their money as well! Fer crying out loud!
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Ask my reading public at what point did I say that I am going to manage money?

hahahah I don't see it yet!

I don't even live in the United States.

waaoh solprende me.

his level of stupid passed the impressive 120%
 
keep talking about my thread. I really love it.

I am very proud of what I express here.

because it was myself to express it in my own words.

Do you understand or I have to draw it for you. hahahaha
 
raik07 said:
keep talking about my thread. I really love it.

I am very proud of what I express here.

because it was myself to express it in my own words.

Do you understand or I have to draw it for you. hahahaha
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My apologies to you. I am very sorry for thinking this was your "money manager" thread. That was a mistake made by me. I feel kinda' bad for ripping into you like that. But that is how it happens sometimes on forums like this. Ug..
 
Overnight said:
My apologies to you. I am very sorry for thinking
That was a mistake made by me
I feel kinda' bad for ripping
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You need to change your avatar, profile photo, to something less angry.

Monkey see, Monkey do. Jim Cramer slamming his fist.
Show something wonderful, instead, like a special Leprechaun flute or Mr. Miyagi or Yoda. Intelligence.
Jim Cramer is an ape clown, clown ape is an Jim Cramer.
A calming image...such as a Cheesecake or Tea.
 
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