Rules for starting a hedgefund

The past couple of days I have done a lot of backtesting and I think that I have found an extremely profitable trading strategy. If forward testing goes well I would like to start a hedge fund. Does anyone know how I do that? I live in Denmark. Is it best to do in Denmark, USA or somewhere else? I know that it isn't allowed to advertise when the hedge fund has been created but it is allowed to advertise before I start the hedge fund? I am thinking about making a website where people can see my trading results and hopefully many investors will be ready to invest when I start the hedge fund. Is this legal? Do you have any tips for starting a hedge fund?

Ive found some good info here

http://richard-wilson.blogspot.com/

First I'll point out that I have no experience running a hedge fund.

Consider marketing yourself to existing hedge funds. The start up and ongoing costs for a hedge fund are expensive in some locations. You'll also have a far easier time gaining capital if you join an existing fund.

I'm not sure a typical investor would be interested. I think they would want to see the fund up and running before they commit capital. My guess is that most hedge funds start up with the owner's capital, and capital of people they already know (i.e. connections).

You shouldn't rely on this. It seems like capital is willingly thrown around and that it'd be easy to attract capital if you have a good record, but it's not that easy. You're competing with many other funds, and unless you're very good, many will have better traders and better connections. Even if you are very good, I'd expect it to take quite a while before money is being "thrown" at you.

Something to think about until some experienced posters can comment.

Running a fund and being a private trader are two vastly different experiences.

If you're going to start up a fund, make sure you...

talk
with
a
lawyer
first

Otherwise you're going to get hammered by regulation and liability.