Investment fund

Hi all
I decided to make investment fund like G. Soros did in 70ths. I found many interested investors who are willing to invest their capital in the forex but with special conditions.
They will risk only 15%. In case I lose 15% of their capital the account will be closed and all sum withdrawn. So they risk only 15%. But reward will fluctuate in 50%-300% range. I will use different leverages basically 50:1.
I think this is good idea.

what do you think are anyone here running such fund? or has anyone run?

P.S. I have met G.Soros
thanks
777

I will be watching this space closely as people are approaching me with the view of me trading their money.

I think an important part of been a "money Manager" is to have a good relationship with your broker as they may offer you 1 pip value back to yourself, somethimg like an IB.

Yes so any guys that are money managers please let us know what it is like and have you any systems or estimated draw downs profits for the year etc.

TY

I have been trading OPM for a couple of years now. If they are willing to let you lose 15% before they will take their money out then you need to do your positionsizing accordingly.

This means that if your system has a historical drawdown of say 30%, then you would trade this system with 1/3 the normal tradesize. This will have then produced a historical drawdown of 10%. Always expect that your biggest drawdown is here to come. That is why you need to leave some lee-way.

There are other things that you need to consider. What happens when you don't make money for a few months? How are your investors going to react to that? How are you going to react to the way your ivestors are going to react?

If you are trading a discretionary system, how are you going to handle the psychology of OPM. This is very different to trading your own money. I trade purely 100% mechanical systems and find that I actually trade OPM more effectively than my own because I feel I am more accountable - I am not as concerned with the outcome of trades, merely ensuring that I am trading the system correctly.

Simon