Looking for a non-US resident to partner with

Hi FF community, I just want to state that I am NOT selling anything nor am I affiliated with any form of broker. I'm here today looking for a long term partner to split all profits generated through my trading strategy I've developed. I can't trade it myself legally because i am a US resident and my strategy involves trading only CFDs (such as UK100, US30, or GER30) through my MT4 terminal. I have averaged ~2% accnt growth per day for all possible backtest data I have available to me and have averaged the same return for 7 weeks of forward testing which is still live. Here are the links to myfxbook, there are two because I lost my password to the first one and had to start a second:

http://www.myfxbook.com/members/sund...544664/1437328
http://www.myfxbook.com/members/sund...574865/1457893

I'm looking for somebody interested in having me trade this strategy for them and I am open to all negotiations as to how to go about this. Whether it means you fund an account and I don't see a cent until you get 100% return in profit, or if it means I'm the one that needs to fund the account to get this started and we won't start splitting profits until I get my initial investment back, or whatever!





EDIT UPDATE 1/20/16

I currently have 3 Partners and am looking for 7 more. I will begin adding Live account Trade explorers to my account so you may view the returns of my partners.

I've decided the best way to go about this is for me to standardized all future partners so they know exactly what they are agreeing to.

If you choose to partner with me you are agreeing to:
1) Fund an account of atleast 500Eur/Gbp/Usd with a broker who offers trading of indices. (IC Markets has been working really well for my partners)
2) Grant me the login and password for trading access.
3) Provide me with the investor password so I can link a TradeExplorer to my account here on ForexFactory for others to view.
4) Agree to split profits 30/70 for that trading period. 30% for me, and 70% for you.
5) Make payment each month on the 1st to my paypal account for 30% of previous trade periods profits.

Should you have me trade for you and you decide to not pay your dues, I will simply stop trading for you. So yes, you do have the option of running off with all the profits to yourself after a month and I won't do anything about it. However because I am only accepting up to 10 partners, these spots are valuable and I do not think you will want to risk losing your partnership.

Each partner will be given my personal email address and I can even provide a skype or whatsapp contact as well.

If you have any questions whatsoever feel free to ask them here, or send me a Private Message.

Do you mean you want someone to trade the strategy for you?

No, I mean not exactly. I will do all the trading, you just have the account in your name.

Or maybe... there's someway to create some kind of LLC together based outside the US? For that I could fund it myself but would still need some help domesticating it outside the US. Sorry I'm not sure if this is possible, I'm just trying to toss out some ideas to how we could work together.

Right I think I see What you mean. eg I live in the uk so I could set up an account in my name for you, based here, give you the log in details and you could trade it from where you are. Would that work?

Send me your email on private chat

Yes that is exactly correct. If you want to open a demo account I can start trading that for you for a week or so that way you can see how it would work.

One fear that I totally understand, and that I am open to ideas on how to put to rest is that we will both have access to the account and one of us could run off with the money. If you can prove to me your an honest individual I can probably fund the account myself, or maybe both co-fund it initially. Or if there is a way where I can ONLY have trading access and there's a way to do that, then that's what we should do so that you will have nothing to worry about and can fund it yourself.

Well, I could set up the account, you could have the details, change the password, don't tell me the new password, fund it , trade it , without me having access. would that work?

Wow. That's a really good idea. I'd be super excited to give that a try!

1-The name on the account is the only person that can add/remove funds from an account.
2-The individual opening the account can open a sub-account. Put funds for the trader in the sub-account. This account will have a separate password for the trader but he/she cannot remove funds or see the personal information of the main account holder. This will prevent the trader from "running off" with the funds.

***If you have $5-10K, then might as well trade futures in the US. Trading costs are lower than CFDs.

don't be fooled. Account owner can always call support to get password reset.

Correct.
That's why the account holder should fund the account and use a sub-account.
The only thing the account holder is risking is trading losses from the trader.
The trader has no incentive to lose money as he/she has no access to the funds so will only get paid if he/she is profitable from trading.

Thanks guys I don't want anybody to get hurt at all, myself included. So knowing this I think the only option really would be to do the whole sub-account thing and for me to hope that the account holder will uphold their end of the bargain. With that being said, is there anybody Interested in partnering? I guess I'll work for "tips" lol

I'm being made out to be a possible crook here!! I know it's difficult , trust , where there's money involved. I would never rip anybody off, but I would say that wouldn't I ? If you can think of a way around it , so that I can't get my grubby hands on your cash,I'd be only too willing to help. What do I get out of it like?

And also don't forget two things:
1. Just account holder can fund account from account on his/her name, same with withdrawal. You can make it only to same account.
2. Tax issues.

I went ahead and linked my profile with my demo account so you can see the type of trades I make.

I think I'll start a little trading journal of my trades over on the trading journal forums. Maybe I can gain a little more traction there for some who may be interested in partnering after they see my trades each day.

Just wanted to say that today I have officially partnered with a valued member of the ForexFactory community and have begun trading on his ICMarkets account. He has wished to stay anonymous. I encourage anybody who may be interested but has questions to ask them here so that I don't get bombarded with a bunch of private messages.

Happy trading



EDIT: Just began trading for my second Partner today as well. I will encourage them both to post here but I can't make any guarantees that they will. I will continue to respect the privacy of all my partners.

Is there minimal deposit you asked for this account trading? Off course we could deposit more and more money if we already see the result . And offcourse all we need is "win win solution " for both .... Thanks for your kindness

Hey Ronald, no there isn't really a minimum deposit exactly, but if I had to choose a number I would say 500gbp/eur/usd. Anything lower than that would make me feel a little uncomfortable only because I am trading CFDs. By the very nature of trading indices the smallest tradeable position size is one lot. As such an account funded with say 100 eur will be using a significant amount of their margin just to open a single position.