Disliked{quote} so that i can manage more than 1 Million$ equity ... I know this trading place is shady but i am really trying to get myself into managing capital for investors like it is done in Firms .. I hope you understand I am trying to get myself in higher place Need good Guidance .. Not judgemental reply ThanksIgnored
i understand what you mean and its a way to get higher income.
I no longer accept money to manage, as it has some drawbacks and my independence is more important to me.
But from my past experience, I know that you need to demonstrate a track record spanning several years (at least one year with many ups and downs) to attract capital.
Then investors start to take an interest, give you smaller sums, and as that grows, you receive larger ones.
The profit share is usually between 20–25%, and you can charge a management fee of 1–2% per year. It's all about negotiation skills;-)
If I were to start over today and urgently needed capital, I would—as Gringo already said—start with a prop firm like FTMO or Apex.
trading is like dancing, don't think and just listen to the music!
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