Yesterday's Forexmentor Coach's Corner was held by Jarratt Davis a twenty something who is a currency trader for
Wealth Builder FX. A question was brought up...how does one become a trader for a fund?
To sum it up:
- Risk Management is the #1 concern for funds (risk no more than 1% per trade)
- Consistantly make 5%/month on own account for at least 6 months
- Have the account audited
- Show results to fund
- Chances are...you'll get a fund/introducing broker to fund your trades
As of today I have broke even with a solid trade on GBP/USD
Total account change: $28.04
*Averaging $4/month...big money