I'm planning to invest - any input is appreciated

Trading Discussion
1

Hello all

I’m looking for advice before investing. Not sure if I should put it here or at the beginner thread, but anyway.

I’m planning to invest in forex, probably via copying trades, or having a fund manager trades my account, or other means.

My main concern now is separating the offers to find at least a decent one to take. Any suggestions on how to check these things out is highly appreciated:

  • trusted: how to know if he actually trade for profit and not only after commission
  • credibility: how to know if he actually has the capabilities to trade and generate profit
  • reasonable profit percentage? Is 10% per month is asking for too much?
  • should I go for the monthly paid one or the one who ask for profit sharing?
  • how much is considered safe initial investment? Is $1000 too much? Too small?

If there’s more feedback/suggestion that I did not ask above, please do

Thank you

2

If you are already wealthy enough to need a fund manager, I suspect you’re asking in the wrong place. But if you want to become wealthy, you could try trading. There’s lots of help available through this site and forum.

3

hi and thank you for the advice. I’m not saying that I’m “wealthy” and by fund manager I did not mean as someone who manages millions of dollars, but rather smaller services that offer to trade on your behalf for a fee or with profit sharing scheme.

4

Make sure you could an enforceable contract and don’t hand over the whole house.