Hi Matt,
Nice to meet you. I am in financial sales. I tried breaking into the AM industry right after school but failed. I had prior experience in Prop trading in equity futures in a prop firm.
I have a few questions.
1) How old are you? What’s your education background? Do you have a strong quantitative background?
2) How many strategies do you use now? It seems that you are selling just one strategy and that is difficult for investors to have confidence.
3)What is the cost of setting up the compliance requirement in your country?
4)My experience is that it is almost impossible if you are trying to do this business as a one man show. Even just the trading aspect you need more than one person to stay ahead of the game. You need operation+ compliance+ marketing/relationship manager as well. If you do not have the network and you are in your twenties I still suggest the old way of joining more established prop firms. You need a team before you can do this business seriously.
Nice to meet you. I am in financial sales. I tried breaking into the AM industry right after school but failed. I had prior experience in Prop trading in equity futures in a prop firm.
I have a few questions.
1) How old are you? What’s your education background? Do you have a strong quantitative background?
2) How many strategies do you use now? It seems that you are selling just one strategy and that is difficult for investors to have confidence.
3)What is the cost of setting up the compliance requirement in your country?
4)My experience is that it is almost impossible if you are trying to do this business as a one man show. Even just the trading aspect you need more than one person to stay ahead of the game. You need operation+ compliance+ marketing/relationship manager as well. If you do not have the network and you are in your twenties I still suggest the old way of joining more established prop firms. You need a team before you can do this business seriously.