Blake12377
Newbie
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Hello everyone,
I am new to this fourm and I have been asking myself a lot of questions which I hope to get answers here.
I have been trading binaries through the nadex platform for quite some time now and I have been thinking about opening an investment firm. I have a very good track record on my success rate which stands at an average of 89%.
I spoke to a friend that does this also and has been in the investment line of work how hard it would be to set up a business that invests money for you.
Here is what he said:
"yeah regulations would require me to license and bond every trader and I have to prepare every trade with a special form"
Also, he said there is too much legal risk.
I could love to get a second opinion on this and decide whether this is something I should continue entertaining myself with.
Any comment is better than no comment.
I am new to this fourm and I have been asking myself a lot of questions which I hope to get answers here.
I have been trading binaries through the nadex platform for quite some time now and I have been thinking about opening an investment firm. I have a very good track record on my success rate which stands at an average of 89%.
I spoke to a friend that does this also and has been in the investment line of work how hard it would be to set up a business that invests money for you.
Here is what he said:
"yeah regulations would require me to license and bond every trader and I have to prepare every trade with a special form"
Also, he said there is too much legal risk.
I could love to get a second opinion on this and decide whether this is something I should continue entertaining myself with.
Any comment is better than no comment.
