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Full-time trader needs ideas to expand business
Iepriekšējās 1 2 Nākamais
mmuller

Biedrs kopš Jan 26, 2010  25 ieraksti mmuller Oct 28 2010 at 12:29
Hi! I have been doing full-time trading for my own money for 2+ years now. I have been able to generate enough profit
to maintain my living standard but not grow my equity in the long-run.

I am seeking for other opportunities outside trading currently, but I'd also like to consider business ideas that would
either leverage my trading skills or somehow give me competitive edge because of my experience in investing/trading.

There seems to be many people here that offer managed-accounts for investors...so too few potential investors and
too many money managers I guess. Besides my performance of around 25-30% annual gain with 10-15% DD would not
attract investors here...although compared to typical mutual funds that would be outstanding performance :)

any business ideas are welcome!

-Mika

Elkart

Biedrs kopš Aug 01, 2009  941 ieraksti Elkart (Elkart) Oct 30 2010 at 18:32
Mentoring?

Chang beer is evil.
mmuller

Biedrs kopš Jan 26, 2010  25 ieraksti mmuller Nov 01 2010 at 13:16
Mentoring would interest me, but I think it is hard to find local customers here (in Finland).

I would have to offer my mentoring online, and I guess there is already quite mature industry to attract customers,
e.g. forex-brokers offer mentoring services also...I have followed ads from Van Tharp's trading coaching / courses, and I agree mostly what he's teaching. I don't have resources for making similar business as he though...I was thinking starting smaller, like paid newsletters, trading signals etc....it would have to include something that would differentiate it from other services though....

-Mika

eurotrader

Biedrs kopš Apr 14, 2010  1 ieraksti eurotrader Nov 01 2010 at 13:40
try following websites:

Collective2.com

zipsignals.com

zulutrade.com

rentasignal.com

garfieldtrader

Biedrs kopš Nov 09, 2010  42 ieraksti garfieldtrader Nov 12 2010 at 18:42
Hi, i am a programmer and have some projects that maybe interesting to discuss but now we need some funds to fund the the project.
Please my demo porto https://www.myfxbook.com/members/garfieldtrader/babol-plan/62602
We can manage a MFA plan for 40% share
Contact us garfieldtrader@gmail.com

Regards,
Danny Panilla
Cutie EA Vagabond
Campsie,NSW
AU 2194

 

WorldTrader

Biedrs kopš Nov 09, 2010  54 ieraksti WorldTrader Nov 13 2010 at 09:34
Mentoring will do u

Slow But Steady
keltnermaster

Biedrs kopš Jan 25, 2011  17 ieraksti keltnermaster Jan 28 2011 at 12:25
Hi Mika,

I am actually in the same situation as you. We could perhaps exchange ideas over time..

take care,

Keltnermaster

keltnermaster

Biedrs kopš Jan 25, 2011  17 ieraksti keltnermaster Feb 02 2011 at 09:11
You could start with a website posting your results and trading philosophie etc.

That's what I am working on. After that, perhaps Live Forex Journal. If you've got no web page experience, you could use a site like yola.com, where you can set a good looking website without any knowledge in html or anything... Skype chat also has a moderation function where others can only read your posts, cannot write.

Chatroll is pretty cool, they will take care of all your the people that want to pay to get on your chat, makes it pretty easy.

Of course with a good and growing reputation on forex forums and with live statements shared, you will probably have no problems filling up a good trading room. Of course you would need to offer good price for entry.

Also, I am looking at Tradency and zipsignal. Tradency is terrible for me, because you cannot change your SL or TP on a position once it is set, and all my strategies require constant modification in SL and TP... I found kind of strange they have this restriction, considering all the ea's you can find.. Their manual trading platform is terrible also.

Off to see how zipsignal will be like !

Pidä huolta,

Keltnermaster

mmuller

Biedrs kopš Jan 26, 2010  25 ieraksti mmuller Feb 02 2011 at 12:54
Hi Keltnermaster! You have good ideas. I've seen number of web-sites/blogs etc. but it would be encouraging to personally know someone who runs a paid service, and also get a rough figure of earning from that service...Do you know anyone?

I am currently not so active in trading, because I have a new consulting business set-up (which does technology consulting), and I am negotiating new deals currently, and also been offered a full-time job...

I know I can't let trading-business go away though. I have watched markets daily for 10 years or so...At least I'll trade long-term positions and try to work to enhance my methods.

I think some kind of 'peer-review' would be beneficial to traders. I stop my own mistakes too late or never, but I would be able to critisize others trading plans/journals etc...I don't know if that could be a paid service, but would be very useful tool to traders IMHO.

-Mika


mmuller

Biedrs kopš Jan 26, 2010  25 ieraksti mmuller Feb 07 2011 at 10:43
I meant ' I spot my mistakes too late'...not stop :) :)


Iepriekšējās 1 2 Nākamais
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