I want to use that track record as a means to raise capital to start a hedge fund.
2006-06-23 18:42:48 · 4 answers · asked by Vincent K 2 in Business & Finance ➔ Investing
Use your monthly brokerage statements. Your success can be measured by the increases in your account's value. However, 10 trades is not a track record, 50 trades would be better
2006-06-24 05:08:20 · answer #1 · answered by Puzzleman 5 · 0⤊ 1⤋
It takes time. Regardless of how many trades you do (I do hundreds per month), potential investors are interested in how much your account has gone up from year-to-year. You might try raising capital after one successful year, but two would be better.
Have your brokerage statements, or an authorized statement from your broker, available to prove your success.
2006-07-05 08:20:03 · answer #2 · answered by Thinker 5 · 0⤊ 0⤋
Puzzleman is dead wrong. No institution will look at your personal account statements because they are easily subject to manipulation and post-hoc analysis. You need to organize an incubator fund and have it professionally audited. This can cost thousands of dollars.
2016-11-17 03:14:38 · answer #3 · answered by M 1 · 0⤊ 0⤋
Haven't you heard of Account Statements?
2006-07-01 19:57:09 · answer #4 · answered by Anonymous · 0⤊ 0⤋