At the moment I am having not really many time to trade on my own. I am pretty busy at work at the moment. So, I'm thinking of participating in some money-management program. But I am actually not well-acquainted with this thing and I would like to ask whether somebody could tell me about the things to be taken into consideration, when joining a money-management program.
Of course, I understand that the statistics of the trading system should be positive and so on. But are there any common precise parameters of trading systems, that are offering MM? I mean is there some average profit or the drawdown possible? And what responsibility is hold by the money manager in this or that case?
At the same time I would like to know what part of the profit does an average money manager takes for his services and what average annual profit is to be expected at this rate. In case you have some useful information on the topic, I will appreciate your posting it here really very much, because I need advice at the moment. Thanks in advance.
Of course, I understand that the statistics of the trading system should be positive and so on. But are there any common precise parameters of trading systems, that are offering MM? I mean is there some average profit or the drawdown possible? And what responsibility is hold by the money manager in this or that case?
At the same time I would like to know what part of the profit does an average money manager takes for his services and what average annual profit is to be expected at this rate. In case you have some useful information on the topic, I will appreciate your posting it here really very much, because I need advice at the moment. Thanks in advance.
