Recent content by gayaku

same for me. have you checked shared offices in Old St ?

i liked: Reminiscence of a Stock Operator Where are the customers Yacht The Fortune's formula The Black Swan

thanks. This doesn't answer the question : how to set-up a small structure to manage others people money. there doesn't seem to be a simple, flexible, tax-efficient solution to manage very small amounts of money (<200K). especially when trading tax-free products (spreadbetting, sport trading)...

too many frustrated people here... I pity them. to succeed in trading, you need to be hard worker, disciplined, and positive. the positive part should be the easiest to get right, but apparently it's not !

what's the point to systematically criticize, dispraise, be negative all the times, why immediately imagine a trading business must be a scam, a madoff... does it make you feel better ? Do you feel better if people don't even try, like you. Do you feel less alone in your mediocrity/poweless ...

language if not latency-sensitive, C# or Java. Object-oriented language are not easy to learn for a beginner, they take time to master. A bug could cost you a lot. It will take you a lot of time to develop a good piece of code... Believe me, you will struggle. I'd strongly recommend finding a...

I thought you meant trading accounts, but I also only use one single trade2win account ! maybe that's why there was a misunderstanding. I'm not here to make people lose their time, I believe many people ask themselves this same question, and give up given all the hassles...

I don't use two accounts, just one, under my name. I don't think it's safe/doable to have a friend transfer me let's say 50k on my account, and one year later, let's say I made 20% return, I would return him 60k - fees. I don't think two individuals are even allowed to do perform big bank...

I've asked all these questions because I believe I will be very soon in the position to raise money, and I'd like to start planning the next steps, which should be to find a good solution to manage other people money, and of course find investors willing to commit. For the moment I'm focused on...

RightEdge is good too, you code in .net (C# or VBA), which is more powerful than a proprietary scripting language.

zaq1, that sounds good. This is very helpful, as I have no knowledge of accountancy, law, legal... My skills are more into trading and IT. I have the feeling this last sentence will generate yet another cynical comment on this forum ;) Why do I need an offshore investment vehicle ? Does it...

The only reason why I want to raise money from other people is because I can't put much myself more cash on my system as I don't have more cash left, otherwise I would keep it all for myself. I have a few strategies coming live soon which could allow me to trade much bigger size. Keeping all...

I don't understand why you talk about scams and Ponzi scheme ?! What's so unusual about being reasonably successful in investment, and want to start trading other people money? And to want to start with small and slow, with no cost for me and my investors (50% on the profit or $1M a year...

OK, I will look at that too. It has to be simple too, especially for the investors (who are individuals). I'm afraid they won't bother if it seems too much trouble or if the profits are taxed at their highest tax rate. What are the best persons/entities which could help me : UK government...

Thanks a lot Jack, that's very helpful. This business is not and will never be very big. If the costs to start and manage it are over a few Ks, I won't do it, and will just trade my own money. It also has to be simple to pay myself, my partner, and my investors/friends. The trading company...