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Offering an income stream from managing funds and market trading
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Nick76london Offline
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Post: #1
Offering an income stream from managing funds and market trading
Dear fellow forum members,
My name is Nick, I have been living in London for the last 16 years and am settled here for now as my permanent home.
I have been reading this forum for a few years, but i haven't posted anything as i don't think i am a big story teller or had much to say.
Maybe is not my habit to write much in general and i already spend too much time daily and it feels like a chore at times, answering whatsapp from friends,family,girls, also emails, facebook etc. It all just eats up a lot of time and stops me from doing other things.
I know it sounds bad or selfish but hope most will understand. Of course,I do relate and agree to the ethos and values of the forum (red pill, travel, game,politics) but somehow i never became an active participant.
As I do feel guilty about this for not contributing, i will try to engage in the future.
To get back to the reason i opened this thread, I had this idea and was planning to offer this investing partnership to interested members for some time.
In a nutshell it is regarding actively managing funds in your own accounts (either me doing the trades or by my advice or instructions can be done by yourselves).
I believe my trading or investing strategy is largely safe as i am mostly looking to buy or go long on indexes like the sp500 mostly, (eventually FTSE, Germany, Australia) so mostly safe 1st world countries. Size of positions should be relatively small compared to the size of one's account.
Also there can be few small positions opened at different price points (1st dip, second dip) which can be closed once the short and mid to long term targets are reached, and this cycle can be repeated over the course of the year.
The shortest term positions can be traded daily for most parts to gain from the short term market noise, as we all have seen the few percents moves back and forth which happpen most of the time (like 70 percent of the time if not more) This is where a lot of money can be made daily or weekly.
On occasion if i see an opportunity in oversold levels but mostly on common traded and safer things like major forex usd/eur, usd/gbp,usd/yen or usd/aud),also crude oil, gold i could decide to trade on the opportunity.
Sometimes but rarely would i dabble in some popular shares like the FANG stocks (or dow blue chips) if i see an oversold value. Example APPLE at 140 something, or Facebook at 130$ seem cheap but again stocks rarely and if i am really convinced is a buying opportunity.
Other examples recently:I thought the crude oil was too cheap at below 45 dollars recently, gold was cheap below 1200 some time ago, british pound was cheap below 1.27, etc. Again most of my trading is sp500 could be up to 90 percent of the trades.
In the last few years i stopped being short on any index as i believe it goes against the general trends over the years or decades (even just because of inflation that inflates prices of stocks, property, wages etc)
So i believe is safer to buy (mostly on dips) and even then with smaller positions then wait for the next up move to close partially or all positions and wait for the next dip.
Few words about me,I have been following the markets for over 15 years, been trading as well on and off, mostly succesfully but i am also having high bills living in London so i cannot always commit big funds for the trading as my work is not highly paid.
Therefore i have to balance wisely my income and expenditure,also am sending money back home to parents ocassionally so that can take a bite out of available funds.
I also have the relevant education both bachelors and masters in economy and finance so i have good knowledge of macro or microeconomy, trade, markets and all things related.
I have been an avid viewer of CNBC or bloomberg tv for many years, if anything it helps me keep up to date with current events, opinions of analysts, CEOs and other people from the business world, banking or investment industries. I just prefer to watch or listen those channels over some mindless reality shows or other nonsense like soap dramas etc.
So finally, MY PROPOSITION is: if anyone here would like to commit some funds to be invested and traded, i am offering a very modest demand and therefore lucrative for you deal (in my view) and it is:
i would not ask for anything unless i make a 15 percent net return on funds per year, and only ask for 10 percent of profits above this figure.
I even have to rely on your honest word and integrity, say if i earned someone 10k or 50k for the year, i have to trust they will wire me 10 percent of the profit, which i believe they would as they would expect me to do it again next year and so on. I am thinking maybe it is a better idea to split it in 6 months payments but it can be discussed or agreed later on.
This also shows that i really expect to make much better than 15 percent per year, as the market is most of the time trading in a range and this is where a lot of money can be made too,(even if the indexes advance say by only 5 percent yearly).
For this offer,I am not only money motivated, i also have a big passion for this as i am consumed by the markets every day and i really believe that this could be a great way for many to ensure a good income stream and maybe help them live location independent.
Also i am hoping over the months or years to get good results, then by getting good feedback from members it will lead to hopefully managing funds for more people.
This way i can also be able to one day be location independent and have a better lifestyle or retire early.
I am welcoming correspondence and questions, i am also willing to meet people who might invest or even just for sharing our forum knowledge over a drink (in London for now).
I think that interested members can have their trading accounts open or ready with various brokers, be it futures,stocks or cfd trading, or spreadbetting as we have in UK (tax free).
As you know, there are free stock dealing brokers like Robinhood, JP morgan's "you invest", trading212 in Europe and many others.
If you choose so,you can give me a way to login and trade from your account or i can send regularly my instructions to agreed partners.
I got this idea that i can discuss with you what i intend to trade before i actually do it, if that way you would feel more comfortable.
So we can agree not to open or close any trades until i get a confirmation from you if that helps.
To end on a positive note,I am looking forward for future partnerships and hoping for many happy and early retirements Smile
(This post was last modified: 01-12-2019 05:50 PM by Nick76london.)
01-12-2019 05:31 PM
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pitt Offline
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Post: #2
RE: Offering an income stream from managing funds and market trading
Hey man

You may be a genuine guy but I tell you what, only an idiot would pay money to a trading coach that is broke. If you are really that good, you wouldn’t be struggling for money. You may even get these guys in debt, be careful.

My book about my almost deadly experience in DR.

http://www.amazon.com/How-outsmarted-psy...C7T99YZH7T
01-12-2019 06:11 PM
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Nick76london Offline
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Post: #3
RE: Offering an income stream from managing funds and market trading
(01-12-2019 06:11 PM)pitt Wrote:  Hey man

You may be a genuine guy but I tell you what, only an idiot would pay money to a trading coach that is broke. If you are really that good, you wouldn’t be struggling for money. You may even get these guys in debt, be careful.

Hi Pitt,
i can understand your concerns, i didn't say i am broke but at the moment i don't have big funds to trade with,(am slowly building them up) mostly as my salary leaves me with little over for the month after bills and all.
I still believe what i wrote is sound as in strategy wise, my reasoning about the markets i think has merits.
Of course i would not overtrade or overleverage as anyone here would just come back and say i am crap and that will be the end of it probably.
If anyone googles a chart of sp500 or dow for the last 20 30 or up to 50 or 100 years, it is plain obvious markets with a few hiccups only ever go up. Similar to wages or property prices in usa over the decades.
01-12-2019 06:22 PM
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Genghis Khan Offline
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Post: #4
RE: Offering an income stream from managing funds and market trading
Quote:This also shows that i really expect to make much better than 15 percent per year, as the market is most of the time trading in a range and this is where a lot of money can be made too,(even if the indexes advance say by only 5 percent yearly).

I think the hustle is great. But at the same time, RVF might not be the best place to find customers for your service. A lot of the guys here enjoy doing their own research and understanding markets/economics on their own. Independence of mind and action is something many men here pride themselves on.

Your strategy seems to be a combination of buying S&P 500 Index funds and then sprinkling in some FAANG stocks, which I imagine most guys here would already do on their own. It is, to be blunt, a really obvious strategy. In fact, most of my friends (who aren't RVF members) already do that.

As for the part of your post I quoted - honestly man, you might've been born in the wrong era, we're at or near the bottom of the crypto bear market and at least personally, I'm expecting far, far more than 15% yearly for the foreseeable future.

My advice would be:
* Use your own funds to trade

* Keep building a stash

* If you really want customers, figure out a way to set yourself apart - for example, I know a few people (relatively young guys) who started crypto hedge funds - why? Because they understand blockchain/crypto a bit better than the average person and thus can offer a service. You don't have to do crypto, but you'll have to do better than S&P 500 + FAANG. You need something to make you stand out. Either that or a proven track-record/experience at a top tier finance firm.

* When you have really impressive numbers, then come back and talk

Good luck mate

Not happening. - redbeard in regards to ETH flippening BTC
01-12-2019 07:15 PM
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Nick76london Offline
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Post: #5
RE: Offering an income stream from managing funds and market trading
(01-12-2019 07:15 PM)Genghis Khan Wrote:  
Quote:This also shows that i really expect to make much better than 15 percent per year, as the market is most of the time trading in a range and this is where a lot of money can be made too,(even if the indexes advance say by only 5 percent yearly).

I think the hustle is great. But at the same time, RVF might not be the best place to find customers for your service. A lot of the guys here enjoy doing their own research and understanding markets/economics on their own. Independence of mind and action is something many men here pride themselves on.

Your strategy seems to be a combination of buying S&P 500 Index funds and then sprinkling in some FAANG stocks, which I imagine most guys here would already do on their own. It is, to be blunt, a really obvious strategy. In fact, most of my friends (who aren't RVF members) already do that.

As for the part of your post I quoted - honestly man, you might've been born in the wrong era, we're at or near the bottom of the crypto bear market and at least personally, I'm expecting far, far more than 15% yearly for the foreseeable future.

My advice would be:
* Use your own funds to trade

* Keep building a stash

* If you really want customers, figure out a way to set yourself apart - for example, I know a few people (relatively young guys) who started crypto hedge funds - why? Because they understand blockchain/crypto a bit better than the average person and thus can offer a service. You don't have to do crypto, but you'll have to do better than S&P 500 + FAANG. You need something to make you stand out. Either that or a proven track-record/experience at a top tier finance firm.

* When you have really impressive numbers, then come back and talk

Good luck mate

Thanks Genghis,
I can see you are into crypto, i am not too versed in it, athough i do follow it.
I am just not confident i can predict it and trade it daily or weekly.
But you may be right, could give you great returns over the years.
I think my selling point is that unlinke passive investing where you put your money in an ETF or a stock and wait for the yearly gain if any, i aim to actively trade and catch a lot of the points for example like the SP moves daily in a range, then weekly, monthly and so on,overall many 1000s of points over the year.
Still between the start and the end of the year it can be only 100 or 200 up.
Similar case for major forex, crude oil,gold etc.
I think this way one can make much better returns than waiting for the usual 5 percent (or bit more) indexes earn on average yearly, if that.
I am not so active in stocks, only in extreme examples i would maybe try oversold ones like apple these days or facebook, the thing is with stocks you never know how deep and long can stay down where the SP will always bounce back, and given time, will make new highs.
As i said 15 percent return is the threshold from where i would ask for a 10 percent commision, so my yearly gain can be much more, don't want to say big numbers as it may sound unrealistic or too risky, but can be done with active trading.
I posted on this forum as i read it most often and it seems a nice community of people with similar goals, many of us looking for extra income or location independent lifestyles.
I understand this might not be the easiest place to find investors but i have not many ideas where else i can offer this.
Also in London is not easy finding a high flying finance or similar job once over 40 like me, it matters a lot of where you went to school,university (getting the alumni and network early), also who you know and me coming to the UK in my late 20's i was at a disadvantage. I am planning to boost my savings and keep trading for myself as well,i am sure i will be trading until my last breath Smile.
I will give a little tip for those who like to watch on youtube: the cnbc television channel or bloomberg markets,they put daily the latest videos from their tv network (short from 2 to 7,8 minutes), this way one can quickly see what is on offer,catch up on news,analysis and pick the videos you want to watch so you don't waste too much time on live tv (and commercials )as live tv is not always on a relevant subject.
(This post was last modified: 01-12-2019 10:54 PM by Nick76london.)
01-12-2019 10:49 PM
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SamuelBRoberts Offline
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Post: #6
RE: Offering an income stream from managing funds and market trading
Hahaha no.

Datasheets: Stretches for Better Posture, Sous-Vide Cooking
01-12-2019 11:06 PM
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fantome Offline
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Post: #7
RE: Offering an income stream from managing funds and market trading
Your offer doesn´t make any sense. You first need to prove trackrecord. If you want to cativate people here. And if the mods allow you should post your trades. And after you have proved yourself then pitch. Rich people are dying to give away they´re money to other people to manage. But first you need to show you know what you´re doing.
(This post was last modified: 01-13-2019 07:27 AM by fantome.)
01-13-2019 07:26 AM
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Nick76london Offline
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Post: #8
RE: Offering an income stream from managing funds and market trading
Here are some examples of frequent daily trading, one is with sp500, the other is forex majors against the dollar(gbp,yen,aud),profits are very small but this is to illustrate how often trades can be done,many a day, sometimes within the hour as you can see the times of opening and closing on the sp example,few trades are done in the hour.These are small profits as the account is small,say these can be done with a 500 to 1000 usd account,but if you keep trading like this,on a good day you can make 50 dollars,so it can be 5 percent or more daily gain,but obviously that is risky and is overtrading. If someone puts 10k, 50k or 100k, these profits can be 10, 50 or 100 times bigger.


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(This post was last modified: 01-13-2019 01:32 PM by Nick76london.)
01-13-2019 01:17 PM
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Nick76london Offline
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Post: #9
RE: Offering an income stream from managing funds and market trading
This below is a screenshot from my friend who i taught how to trade recently,he has one long sp500 which gave him a nice profit over a week holding,he was influenced by me to buy and hold sp500 on this one as i always tell him indices go up over the years, now is oversold etc.
Also he is more of a stock picker and he tends to hold positions for longer like on this example, they are still open. So he luckily chose ted baker and super dry,both uk clothing companies,i dont know where he got the tip or maybe he did his own reseach.This he sent me just last wednesday, to share the good news as we always check on each other.Notice his cash is 666 so his profit is already well over that,so he more than doubled his account at this point,while the sp was opened few days ago,i believe he opened those 2 stocks like 2 days before,so really lucky i must say.


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(This post was last modified: 01-13-2019 01:47 PM by Nick76london.)
01-13-2019 01:30 PM
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