What would you do with $1 million?

Quote from MickMason:

I don't mean how would you spend it.....how would you trade it? Who would you put the account with? Would you trade spot, futures, or ?

I'm just about to be overfunded, help!


Mick
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Trade only futures (20 percent and the rest in mututals) and use 1 to 1 leverage. If I only had a million left, I would be in serious trouble--
 
Quote from Buy1Sell2:

Trade only futures and use 1 to 1 leverage. If I only had a million left, I would be in serious trouble--
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why do you tade 1:1 leverage? if you are profitable at 1:1, you'll be twice a profitable at 2:1. i guess it depends on your max drawdown size.
 
Quote from Buy1Sell2:

Trade only futures (20 percent and the rest in mututals) and use 1 to 1 leverage. If I only had a million left, I would be in serious trouble--
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Clarification-- The 1 to 1 is over the full million even though 200k is all that is in the account.
 
Quote from clauswitz:

Lon, Mick and all
I have been offered some small forex accounts to manage but am concerned about the legal aspects.
I live in Asia so presumably the FSA have no authority, and the accounts are European so I think nothing to do with CFTC..?
I might form a Limited partnership or LCC in an offshore location.
Any suggestions or things to look out for with regards to legalities..
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Hi clauswitz

I wish I could help but I'm knee deep in FSA red tape myself and my understanding is very limited, UK legislation is a minefield! If you don't get a reply in this thread the only thing I could suggest would be to post a new topic, the subject of this one is a bit misleading.

Good luck....
 
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