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Strategies & Market Trends : The Player's Club

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Gersh Avery who wrote (1547)	11/26/1999 8:50:00 AM
From: GROUND ZERO™	Read Replies (2) of 11513

I think so.. if you charge when they lose money, then you are exposed to a law suit..... if you only make money when they make money, then you avoid the appearance of churning or being greedy... take your percentage quarterly and keep very accurate records.. make sure you have durable power of attorney for their account... you can trade as many as fourteen accounts without being registered with the CFTC.. otherwise, you need to be sanctioned with the CFTC as a CTA, Commodities Trading Advisor, and you need to have a full disclosure document on file with the CFTC, the Commodities Futures Trading Commission in Washington, D.C. - that is a major pain and a mamouth hassle... I don't think you're looking for that.....<g> GZ

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