i have been a stock trader, have made huge websites, im just confused wat i shd do, shd i actually look for investors who can help me invest and i would trade for them, i can surely give them fair returns have traded with volumes more then $1mn and generated profits currently im trading with forex as well. i have 1 yr experience of trading and have learnt to face all situations. My website stuff is ongoing since last 6 years, let me know your opinions, thanks i can manage funds from $1mn to $10mn + and make them earn big bucks with websites i have potential to turn a website from 0 to $xx,xxx and more which i have already done and proved . Looking for serious opinion from some one in business to suggest thanks.
So, you are saying you have one year of experience in trading stocks? I personally dont know of many people who would give any money (let alone a million dollars) to someone who has a year of experience.
1) Learn to speak English 2) I wouldn't give you one penny to invest anywhere 3) Judging by the websites in your sig, you clearly aren't a very good designer No offense or anything...
Your Website wont be making 5 figures your insane. the only way you could make alot money these days is -Search Engine -Social Networking Site Your Blog Ok Looking but you have 1 year experience and you want 1 million dollars. Go to the Bank ask them for that they will laugh you out the building. Seriously Just Team up with a Marketer and you do the Coding and work from there.
From what I've read on your thread, I think you're aiming too high with little resources. Invest your own money, keep the profits flowing in and keep it cycling. If you're really confident and want to aim higher, then going to the banks is one option, but you probably might get rejected; if you do then ask your friends/family for a loan and invest it, profit...etc; unless by some miracle someone invests so much $ in you Good luck Quite true, but one year's experience can be as good as 5 years. I can see your point, and its obviously a long shot to get a $1m from someone to invest in you, even a guarantee wont cut it. You are clearly Mr.Perfect! Go flame somewhere else, he's asking for help/advice and what you're doing isn't going to benefit him or anyone else. lol. Theres thousands of ways to make money, open your eyes wide and you will clearly see that there are more doors that can lead you to your riches, just depends on you...
No, I'm being honest and realistic. That helps a lot more than a some optimistic fairy-tale crap that most people around here offer.
The first and most important thing is that you can't manage other people's money unless you're licensed. Alright, that's the obvious one. If you're a successful stock trader, than you should be able to sell information. You could create a members forum where people pay to get on and you share advice. Something like this would work great, assuming that you are GOOD at what you claim you do.
Anyone who would make that statement should not be trusted to invest any money at all. Tom, sometimes I just have to put my CPA hat on again
I think the advice - if brusque - was useful. I for one am not going to rely on someone who doesn't exhibit basic communication skills.
Could you share with us what sites have you made that make $$$$$. Also why dont you do both of them. Strat two companies for both of the things and earn double. Most importantly its your feelings to what you like more !
I would say you must setup a trust company to help people manage their money. But first you need to show some consistent trading profit to your customer so that they can trust you to invest with their money.
Im no financial economic guru but here is my 2 cents: I think you really need to build your profile and get in contact with local investment/trading firms - maybe meet them and see if you can do like work experience trials or traineeship/internship to get trained and known first. If they like what they see the company might give you a small amount of funds to see what you can do before letting you get near other people money..... Even contact local universities to consider do some further study/investigation into how to get qualifed, licenced and abide by all the laws to do what you want to do. Each country and region may have different requirements too. No one will give you money if they do not who you are? Even the most well know and established investment companies have a hard time getting people to invest especially with the fact that world is still in one of the worst financial crisis ever and the one of the very causes it was misuse of funds by banks and bad investment or scamming by so called stock investment. People are not very trusting after people get scammmed out of millions of dollars each year by fake and phony investment schemes that spend a lot of time and money on appearing legit. There were events that occured in the markets around the world over the last year that were never seen before in trading data and history that even long time experts could not have predicted - so how would someone with just 1 years experience have gone. What happens if you lose peoples money? What are your legal liabilities? You have to do things properly if you are serious about doing forex/stock trading for a full time career. If all this sounds too hard then i guess you are stuck playing with just your own funds and will end up having to generate income many ways to make enough then slowly re-invest and grow your our funds. It sounds like you have idea in mind but not really researched in enough detail yet...... good luck
let me correct, actually its totally day trading, the money requires is for margins and trades, so actually the capital which is being added to the business is not used, the margins and positions are cleared in same day, im trying to find locally and i shd get some investors, only issue is tht i was thinking to invest my own funds or go for investors
As I said, you wont get money from investors. It wont happen. Sorry. If you are that good at trading (which I don't really believe) then just use your money and keep all the profits.
It sounds too risky...you would need a damn good lawyer if you were to lose a clients money...and they decided to sue.