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How to set up a fund? (question for money managers)
Iepriekšējās 1 2 3 Nākamais
gappo123

Biedrs kopš Aug 10, 2012  12 ieraksti gappo123 Jan 08 2015 at 20:51
Hi,

Maybe some of you can help me. I have been thinking recently about starting some kind of a structure where I could manage other people's money, the thing is that I have no idea what is the best way. I know about PAMM accounts, but the brokers that have it dont have the product range that I am looking for or are small and hard to trust. Maybe set up a limited partnership? Maybe some other way? Also what would be the minimum amount of money to make your methods viable? I would really appreciate insight from people who have ANY experience in that matter.

Thanks

savantfx

Biedrs kopš Jun 13, 2014  101 ieraksti savantfx Jan 09 2015 at 03:57
As for a hedge fund you would need a lot of money. So lets not go there. For a small fund the best way is a PAMM. You could start to focus only on the main instruments. You may try fxpig PAMM. They could also help in advertising your PAMM. So it is good there.

Never Give Up!
gappo123

Biedrs kopš Aug 10, 2012  12 ieraksti gappo123 Jan 09 2015 at 16:12
Thanks for your reply, anyone with a non-PAMM solution?

jerome38

Biedrs kopš Nov 14, 2012  4 ieraksti Jerome (jerome38) Jan 09 2015 at 16:17
Depends on you want it legal or not.
If you want it legal, it depends or where you live, or were you want your structure to be created.
Different regulations apply in US, EU, asiapac, etc

TakeIt

Biedrs kopš Jan 30, 2012  20 ieraksti TakeIt Jan 10 2015 at 13:10
gappo123 posted:
Maybe some of you can help me. I have been thinking recently about starting some kind of a structure where I could manage other people's money, the thing is that I have no idea what is the best way. I know about PAMM accounts, but the brokers that have it dont have the product range that I am looking for or are small and hard to trust. Maybe set up a limited partnership? Maybe some other way? Also what would be the minimum amount of money to make your methods viable? I would really appreciate insight from people who have ANY experience in that matter.


I am still trying to develop a collaboration between traders and investors.
For traders, investors asked them to meet some requirements like maximum drawdown, minimum period of trading record, maybe minimum average monthly return, or something else.

I have tried to described it in https://globalprosperityam.blogspot.com.

What do you think?

gappo123

Biedrs kopš Aug 10, 2012  12 ieraksti gappo123 Jan 11 2015 at 08:02
jerome38 posted:
Depends on you want it legal or not.
If you want it legal, it depends or where you live, or were you want your structure to be created.
Different regulations apply in US, EU, asiapac, etc


Thanks for your reply Jerome! I live in the EU in Poland, here the regulations are very strict and the costs associated with setting up a fund are tremendous. The structure can be set up anywhere really, in Europe preferably, somewhere where you dont need a million different and expensive licenses. Any ideas? Oh, and yes I want it to be legal.

gappo123

Biedrs kopš Aug 10, 2012  12 ieraksti gappo123 Jan 11 2015 at 08:02
TakeIt posted:
gappo123 posted:
Maybe some of you can help me. I have been thinking recently about starting some kind of a structure where I could manage other people's money, the thing is that I have no idea what is the best way. I know about PAMM accounts, but the brokers that have it dont have the product range that I am looking for or are small and hard to trust. Maybe set up a limited partnership? Maybe some other way? Also what would be the minimum amount of money to make your methods viable? I would really appreciate insight from people who have ANY experience in that matter.


I am still trying to develop a collaboration between traders and investors.
For traders, investors asked them to meet some requirements like maximum drawdown, minimum period of trading record, maybe minimum average monthly return, or something else.

I have tried to described it in https://globalprosperityam.blogspot.com.

What do you think?


I dont quite get your point. Do you look for traders and investors alike and match them? How does that relate to my problem of setting up a fund? :)

TakeIt

Biedrs kopš Jan 30, 2012  20 ieraksti TakeIt Jan 11 2015 at 22:09
gappo123 posted:
...starting some kind of a structure where I could manage other people's money, the thing is that I have no idea what is the best way...

...Maybe set up a limited partnership? Maybe some other way? Also what would be the minimum amount of money to make your methods viable?...

...the regulations are very strict and the costs associated with setting up a fund are tremendous...

I dont quite get your point. Do you look for traders and investors alike and match them? How does that relate to my problem of setting up a fund? :)


I just try to share some ideas, maybe it suitable for you. But if it's not, it's OK smiley

gappo123

Biedrs kopš Aug 10, 2012  12 ieraksti gappo123 Jan 12 2015 at 15:01
TakeIt posted:
gappo123 posted:
...starting some kind of a structure where I could manage other people's money, the thing is that I have no idea what is the best way...

...Maybe set up a limited partnership? Maybe some other way? Also what would be the minimum amount of money to make your methods viable?...

...the regulations are very strict and the costs associated with setting up a fund are tremendous...

I dont quite get your point. Do you look for traders and investors alike and match them? How does that relate to my problem of setting up a fund? :)


I just try to share some ideas, maybe it suitable for you. But if it's not, it's OK smiley


Sharing is caring hehe, I read the website and your post but I still dont understand completely what it is that you do. Could you go into a little more detail?

TakeIt

Biedrs kopš Jan 30, 2012  20 ieraksti TakeIt Jan 12 2015 at 16:01
gappo123 posted:
Sharing is caring hehe, I read the website and your post but I still dont understand completely what it is that you do. Could you go into a little more detail?


All of us know that most traders loss their money in trading. Maybe because trading was not easy. But in other side, there are also good traders who are able to trade succesfully.

If two type of this people, traders that loss and win, can collaborate, I think they can help each other.

Base on this thinking, i am now trying to develop something like a hedge fund where this two type of people can work together for the benefit of all of them.

What I do?

For they that still have loss in trading, they were invited to be investors in this collective fund until they achieve a profitable trading and ready to trade by their self.

For they that can trade with profit, we invite them to be our trader, to manage our fund in trading. For the safety of the fund, all traders must meet some strict rules for the benefit of all, investors and also traders itself. So this collaboration can lasting as long as possible.

I think this is a unique structure of mutual collaboration in trading smiley

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