Funny, "Options" pointed out that there is a member of this forum already doing something similar. Could that be wasp? Tell all options!
No. I won't reveal who the trader is. It has nothing to do with anyone else other than that person or the participants of that 'group'. I will say though; 'That' trader is a person I have the utmost respect for as a 'successful trader and as a human being.'
I can count the number of people I can say that about on one hand.
Everything was set up to be above board and legal.
Documentation was provided. And as far as I am aware everyone has profited at this point of time... and will continue to do so.
Facts and figures are not for me to disclose. I am not privy to them in any case; and any such offering would have no merit. Only assumption. And I try never to assume anything.
The T2W fund idea is still a good idea in my view, but will bring its own problems. And unless you have done this sort of thing before, you won't realise how thankless it can become.
I would like the T2W charity account to be activated again so that charities could benefit. But the problems of last time would have to be circumvented so that the trader had more control over his/her trading. Posting a trade to a second party to be placed is more like placing a trade by pigeon post.
I'll take 'Everyonerich' up on his offer. He wouldn't even have to put in his own money. Open an account with ETX and they give you 100 pound to try their software!
Win-win. For the 100 quid you wouldn't get many attempts if you ****ed up a couple of times. Bosh! your outta here!!! Because of the limitations I would trade it very conservative, in that I would wait for the 'right' trade to come along. And it could be weeks before that set up. Might be the next day, might not.
But it wouldn't be a 'fund'. it would be me just trading an account for another trader who would have full control over the account.
I think I can see the idea behind it. And it just might be all that's needed to get things rolling.
Set it up then 'everyonerich'. Give me the account details. We have a 40/40 split and give the other 20% to charity... Or go out in a blaze of infamy and good intent!
We have about 2 or 3 tries to get the account into profit!
