Help With Business Plan

[FringFX]

Agree with having trading records!
I particularly like taking screenshots and making annotations

 

[TadS]

RCS,

Have you considered becoming a signal provider, introducing broker, CTA? I am not sure what the regulations are like in Hong Kong, but these could be good ways to increase your income and reduce the variability of your returns. They will most likely require an upfront investment in time and money, but it seems like you are more interested in long term returns and it wouldn't require too much extra work once you are established. Just a thought, but the plan you have looks great if you can stick with it.

Good luck!
Tad

 

[Dimohrusafov]

sure if you are thinking of becoming a signal provider, open an account with zulutrade, if you are good, we all will be benefiting from you as well!
its a win-win situation.

 

[brendyfx]

sure if you are thinking of becoming a signal provider, open an account with zulutrade, if you are good, we all will be benefiting from you as well!
its a win-win situation.

Yep, That's a very good option.

 

[Dimohrusafov]

So you decided to become a signal provider?

 

[Pharaoh]

Perhaps working out a solid trading system would be a good step to take before trying to make a fortune as a signal provider at Zulu or any similar service.

 

[stpstaff]

Thank you Pharoah for bringing this Thread back to earth. Redchinastu, there are some good suggestions so far, including keeping records (most important). Providing a signal service as a newbie is NOT one of them however. Sadly, the industry is oversupplied with Signal providers who really have NO track records. Would HIGHLY recommend you get a "live" trading record behind you before taking this path. You are on the right track by educating yourself as mentioned. Next step IMHO is to find a winning strategy that suits your lifestyle/aspirations and get that record in ship shape. The 12mth time frame is optimistic but you will discover that as time passes. Keeping a cool head and maintaining your determination level will help.

There are no secrets to success. It is the results of preparation, hard work and learning from failure

 

[brendyfx]

So you decided to become a signal provider?

Nope, I don't want to become a signal provider. With the work in hand can't think about it.