How can i be fund manager in forex
May 03, 2017 at 11:04
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4 Replies
Tham gia từ Sep 29, 2016
264bài viết
May 03, 2017 at 14:56
nagesrao posted:
How can i be fund manager in forex
Hello,
If you can get a forex account slowly slowly growing and you keep your DD as low as possible (anything under 10% is great), and not use much exposure in your trading hence keeping risk low, and you grow this account to a decent percentage (e.g you return 60% every year with max DD 5%), people will take notice and will want you to trade their funds.
When you reach this stage you can command a profit split from your clients whose money you are trading (Common profit splits are 20-25% on High water mark gains). Say you are managing €1 million in client funds and you return 5% for the month (€50,000), your profit split equals €12,500 (25% from gains).
This is much easier said than done!
ourmyfxbook@
Tham gia từ May 03, 2017
18bài viết
May 04, 2017 at 06:08
If you want to manage any sizable fund then you would need to get regulated in your local authority
Tham gia từ Apr 18, 2017
38bài viết
Jun 12, 2017 at 06:02
There have so many sites who are connecting the fund manager with the general traders! But, you have to prove yourself and your trading skill first! They may provide you a demo account for a month or any specific session and you have to show your trading quality lively!
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