CTA or Almost CTA's wanted.

Jun 05, 2012 at 21:07
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3 Replies
Member Since Dec 16, 2011   2 posts
Jun 05, 2012 at 21:07
Hello Guys/Ladies,

I'd like to talk to someone who is already a CTA or on their way to becoming a CTA, ie sitting for NFA Series 3 and 34. Please get in touch if you fit the bill.

😄
Member Since Jun 19, 2011   1 posts
Jun 29, 2012 at 05:49
I have passed Series 3 and 34 and have not so far applied CTA with NFA/CFTC but can do it.
Fa.
Member Since Dec 16, 2011   2 posts
Jun 29, 2012 at 13:15
Hello Fa,

thanks for responding. Are you based in the US?

Basically, I have passed series 34, plan to do Series 3 in July. I have quite big plans with regards to fundraising. I intend to use third party marketing companies to raise capital. I believe, a two trader company would be taken more seriously than a one trader company.

So basically, I'm exploring the idea of teaming up with someone like yourself, who is yet to apply(or has already applied, doesn't really matter). Subject to how we get on, trust, track records etc, we could form an LLC together and apply for CTA status as principals. The company would basically be a two strategy CTA, one strategy, traded by me, the other strategy traded by the second partner(possibly you). The main benefit to both of us, would be, as far as investors are concerned, one trader falling ill for an expected period of time, does not mean trading ceases. The other trader could step in pending the recovery of the primary trader. Plus, like I said it appears more professional.

In practice, we would both be responsible for our strategies, and would do our own fundraising individually. I'm based in Europe, so my efforts might be targeted at European residents, who i can reach easily for face to face meetings. If we did joint fundraising, investors might expect us to turn up together etc.

What are your thoughts? Is this something that might interest you?
Member Since May 17, 2012   7 posts
Jul 01, 2012 at 19:39
Interesting...Goodluck guys!
Discipline is key to trading success
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