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Got an idea as I was reading "The 4 Hour Work Week" by Tim Ferriss. Although I'm new to trading futures I do have some simple trading sytems I think will be profitable with proper money management. Problem is my work schedule does not allow me much time to trade. What do you think about hiring someone to trade my set ups on a small account for X amount per hour, a couple of hours a day?
Can you help answer these questions from other members on NexusFi?
It makes sense but I thought it might be beneficial for the individual trading to not have any emotion tied to wins/losses. However, a profit split could be a motivating factor.
Trading can be taxing and especially if you want a small X per hour your going to get what you pay for. If you want someone who is already experienced at trading, and not a neophyte who might make mistakes. you have to make it worth it because they are probably trading during the most liquid trading hours anyway.
I was thinking more along the lines of a college student interested in learning about futures trading while making a little cash. They would just be required to execute some simple trading rules during a 2-3 hour window of trading. I think it may be best if they have no opinion or experience in the market. That way they are just concerened with executing the trade.
You lost me with the above sentence (I highlighted it in bold). I think you need to make sure you KNOW you have a profitable system before you turn someone else loose with your money. Even then, there are a lot more issues that need to be addressed.
