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  1. #1
    Rookie Member

    How to find "investors"? !!!

    Hi everyone, before clarifying my question let me introduce briefly myself. I have been trading binary options for the past one and half year, initially with disastrous results...then I started to educate myself, experimenting with various strategies (this forum has been a valuable source of information), back-testing, etc. Eventually I ended up coding my most efficient strategies into MT4 custom indicators, which helped me a long way in managing my trading plans. I'm now at a point where I can say to be profiting from binary options, with positive results of between 60% to 68% on most months. My strategies don't involve any progressions or other scary stuff like that.

    HOWEVER (and here comes the point of this thread) all experienced traders know that in order to make meaningful revenues from binary options you either need a big initial capital, or lots of time and patience to work on your capital till it gets big enough.
    In my case I started with a capital of $5000 ($2500 being a bonus from the broker). In my first few months I managed to deplete this capital down to $600, until I finally got smarted and moved away from the highly-emotional gambling-like approach, and started to get serious about it. It then started to climb back up, steady but slowly.
    At this pace it will take me more than two years till the capital will be substantial enough to give me lets say "some financial flexibility".

    So my question to this forum is, does anyone know of any platform or service that allows people with good and proven strategies to get together with people who want to invest some capital, and then obviously share any revenue? I have tried to use copy-trade services, such as Signalpush, but I din't like it much, and I'm not really looking to provide signals as such.

    Please note that I'm not here asking anyone money, just checking if you know of any third party service that would allow this. Ideally it should be something that provides some sort of protection to both parties, something like an "Escrow" service applied to trading. having said that, I have no idea how such service would work.

    Any feedback is appreciated

  2. #2
    Master Member SeasaltMcFish's Avatar
    Hi Abertini,

    First of all: I wouldn't trust people who respond on a question for money! It's a nearly 100% way to be scammed! True Investors will not take the risk to put money into someone who lost nearly 5k. I don't say your system sucks, but it's a big red flag to investors. They will ask for more prove on your trading and demand securities.

    There will be people who want to invest with more risk, but that's the type you really don't want to deal with.

    If your system is good, you'll be able to build it in maybe a few years, but I'm sure you'll be able to get money elsewhere, like a job or selling something. It'll be yours only.

    You wrote about a 2,500 bonus. That means you'll have to trade an enormous amount to get money out. Another red flag to investors.

    My advise: Trade with your own money and maybe look for a different broker to work with (like the recommended on BOTS), instead of investing more money into a bonus black hole.

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  4. #3
    Rookie Member
    Hi SeasaltMcFish,

    Thank you for your feedback.

    Yes perhaps writing about me loosing almost 5k wasn't the smartest move, but I just wanted to be completely upfront with the community here about my first steps into the binary options world.

    Regarding the bonus, the volume required for the release of it, plus a complimentary Ipad, is 100k (with 24options). At this stage I'm up to about 60% of the volume, at the time I signed up I just saw it as a good opportunity to trade with real money, without risking too much of my own.
    And yes I have a job, but unfortunately most of the money coming from it goes to pay for the house and wife and kids and cars and holidays, etc

    I agree that if I keep doing this for few years I may get to a good position, but history shows that nothing lasts forever, things are now working quite well, but who knows if in few years binary options will still be like they are now, or even if they still exists at all. I kinda wanted to seize the moment

    Anyway thanks again, what you are suggesting is probably the wiser option, just sticking to it and be patient.

  5. #4
    Administrator Martin Kay's Avatar
    The whole copy-trading theme is a bit shady at the moment. Personally I do NOT believe in copy trading as it is today, for a few reasons: 1. Scams, lots of it. 2. Problem with binary options is the type of bet- against the house. Small brokers (actually, the majority of brokers) cannot handle lots of winnings. I'm sure they won't let it go through. Yet, there are good, reputable big brokers that can handle it. That brings me back to 1- scams. I haven't seen any copytrading platform that provides consistent profits for its users.

    Our vision is to make CommuniTraders a Social Trading platform, very similar to Copy Trading, but not automatic and based on explanations and proven records of traders. The days are young for us, we're still improving, but that's the only way (I believe). If you can't find the time to practice and learn BO trading, let it go. Take your time, Im sure there would be a solution soon enough. BTW- there are hedge funds you can invest with (not BO ofcourse). The problem - min investment of at least $100k's. If you're interested - let me know.
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  6. #5
    Legendry Member Michael Hodges's Avatar
    You have an interesting idea I think, a platform where two traders can get together with a joint account? is that what you mean, has possibilities but I don't think anyone is doing it just yet.

  7. #6
    Master Member SeasaltMcFish's Avatar
    Well, 24Option is okay. However: 40k is still a lot to clear, meaning that any investors money will be 'bound' to the broker until you clear the bonus (since you can't withdraw -your bonus would be gone, getting you into negative numbers, correct me if wrong).

    I completely agree that a system may not go on working in the long run, but that also causes a new problem to investors: will it be profitable or is the system already 'dying'.

    I hope you understand my critics. It's to put you on the ground with both legs. BO is not easy money (at least for honest people), so don't fall into the pit of golden mountains. Patience is key here. If your system/trading is good: you will have success and don't need investors. If it's not: you will not be successful with investors too. In fact it could bring you into deep trouble.

    I work with a very small trade account (also wished it was more) and saw my wonderful system (11 months with an average of about 66%) going down the drain in Jan and Feb this year (luckily I recognized it very soon, so I didn't lose much). Therefor I analyze it again and come back stronger. Time and discipline does it.

    Trading is long term investing, so take time and patience.

  8. #7
    Rookie Member
    Quote Originally Posted by Michael Hodges View Post
    You have an interesting idea I think, a platform where two traders can get together with a joint account? is that what you mean, has possibilities but I don't think anyone is doing it just yet.
    Hi Michael,

    Yes that's very close to what I have in mind, a joint account that both the trader and the investor/s can have access to. The thing is that it would require some protection, so that the trader cannot run away with the money as soon as it gets deposited, but also to ensure that the investor will share the profits with the trader. I think the first part is already partially covered by some brokers, who only allow withdrawals to be made to the original credit card used for the first deposit. Still this would require much more regulation.

  9. #8
    Rookie Member
    Quote Originally Posted by Martin Kay View Post
    The whole copy-trading theme is a bit shady at the moment. Personally I do NOT believe in copy trading as it is today, for a few reasons: 1. Scams, lots of it. 2. Problem with binary options is the type of bet- against the house. Small brokers (actually, the majority of brokers) cannot handle lots of winnings. I'm sure they won't let it go through. Yet, there are good, reputable big brokers that can handle it. That brings me back to 1- scams. I haven't seen any copytrading platform that provides consistent profits for its users.

    Our vision is to make CommuniTraders a Social Trading platform, very similar to Copy Trading, but not automatic and based on explanations and proven records of traders. The days are young for us, we're still improving, but that's the only way (I believe). If you can't find the time to practice and learn BO trading, let it go. Take your time, Im sure there would be a solution soon enough. BTW- there are hedge funds you can invest with (not BO ofcourse). The problem - min investment of at least $100k's. If you're interested - let me know.
    Hi Martin,

    Thanks for the reply. Yes I agree regarding the copy-trading, I have tried a few, both as a provider and as a copier (not sure if it's the right spelling), but the whole thing is very shady as you say, from both sides. I was thinking more about something based on a shared account.
    Unfortunately 100k is no where near what I can afford

  10. #9
    Rookie Member Philipos's Avatar
    How to find investors? Successful traders , investors often find themselves . If you are not one of those - you can ask friends if they are not interested in investing . It is desirable to create a website on which to place the best results of your trade . Many ways , in fact . On the Internet to advertise as an option .

  11. #10
    Specialist Member protrader's Avatar
    There are a lot of services like that for the forex market where you can get investors with good track record. But I never saw it for binary options. There must be some
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