Hi. I have a mechnical system that's been proven in both testing and real trading over an extended period of time (1 year) and has provided superior performance. I'd like to raise some money to trade it from non-US residents because I'm based outside of US and I don't want to register with NFA and so on. I'm not looking for big investments.. Something around $1M total or $2M total would get me started. WHat would you suggest would be the best way to go about this?
Raising Money for Systematic Trading
- Thread starter lisbon
- Start date
Post your results along with a certified audit on those number and they will come running if it look good.
Quote from Cheese:
Absolutely no problem.
Why all you have to do is post on Elite Trader for the first time for some elite traders to immediately cough up $1-2million to feed into your dummy system.
When, if ever, you have a superior system, be a good boy and make your own fortune on it first.
LOL, exactly, and when it stops working (read the first trade) then try to sell-it/your-services, like the typical parasitic scam-artists we get here. Nothing personal of course.
Oh wait... I said stops working.. must be that time then
lisbon,
here is what i did.
i established a company outside of us (im also trading from outside).
i made a half decent website with general info about my experience and my fellow traders experience.
posting ideas, strategy and guidelines for managing.
added some contact info.
it works.
you can try, you can fail or you can succeed, time will show, anyway you will be one experience richer.
best of luck
here is what i did.
i established a company outside of us (im also trading from outside).
i made a half decent website with general info about my experience and my fellow traders experience.
posting ideas, strategy and guidelines for managing.
added some contact info.
it works.
you can try, you can fail or you can succeed, time will show, anyway you will be one experience richer.
best of luck
Sorry lisbon, that's ET for you........ you ask a valid question, post it in the appropriate forum, ask sincerely and politely and yet, look at all the vitrol thrown your way.
Move on and don't let it bother you.
My suggestion (and there is nothing super insightful, here), it is just what I am doing. Set up an investment vehicle or a managed account, keep documented details of your trading statements, etc, list the fund/managed account with all the listing databases/websites, develop a website and if the performance is good, people will find you. Finally, a few cold calls won't hurt.
Now the above assumes you have some funds, since you say you have tested it in real-time traidng. If your currrent asset base is too small, but sufficient for you to trade, then keep trading it (no matter how small, as long as you can implement you risk managemnt) and the big money will find you!
I wish you the best!