Seeking Investor
I am a professionally trained trader seeking an exclusive investor to provide risk capital in the area of 100k to start.
After years of education, training, mentor-ship, etc I am now at the point of being confident in my abilities to do well trading but lack the capital to make a proper go of it. I have spent over 50k in training, coaching, mentoring which left me with zero risk capital.
My plan is as follows for those interested
Time frame for setup: Within the next 2 months, i.e.: end of October 2010
Equity Requirement: 100k USD
Split Profits, Losses, and expenses 50/50
Current Expenses are as follows and are approximate based on FX exchange rates:
Based on 100k Account Size
- Internet High Speed $96.00
- Analytical Software and Data $625.00
- Daily Coaching $350.00
- Wireless Aircard/Internet Backup $45.00
- Ninja Trader $60.00
- Total per Month: $1,176.00
- Total Per Year: $14,112.00
- % Account Per Month: 1.18%
- % Account Per Year: 14.11%
Risk Guarantee to Investor:
Max risk to portfolio, 50%, where trading would be stopped.
Split risk and profit 50/50, that means that if 50% of the funds are lost, I would reimburse investor 25k (of 100k) through a home equity line of credit within 6 months of halting trading. Investor stands to lose 25k excluding sharing of expenses and any additional setup costs.
Markets to be traded: US Electronic Futures including, E-Mini S&P, Mini Dow, Crude Oil, Gold, Euro FX, and other highly liquid futures as focus and capital allow.
Initial Goal per day:1%, or 1k, which would be split with me so .5%/day. This is an average and I have been able to do this in my demo account with good consistency enough to bother making a post like this.
Please not that this is just a brief summary. There are obviously many things to consider beyond this initial proposal and I would be happy to discuss further for those that are seriously interested. Please pm me or email.
Sincere thanks to all interested, however I will be very selective in who I work with since psychology of investor has a 50% impact on my own psychology. Since I am Canadian, working with another Canadian would be preferred for ease in setting up, however it is not necessary, all interested will be considered.