How do you gain experience to start a hedge fund without college?

Question

How do you gain experience to start a hedge fund without college?

Answer 1

You don't -- unless you inherit boatloads of money.

Answer 2

You could try working at a hedge fund to learn the ropes.  They may pay for your schooling.  I would bet you'd have to take the Series 7 exam (to be a stockbroker), and they would sponsor you for it.

Answer 3

You start with one account--your own. Trade that well, then post your results in a traders' forum, like moneytec.com, trade2win.com, or elitetrader.com (better all three). When other members see how consistent you are, with very little drawdown, the money will start coming in.

In the meantime, you can start building the foundation for your hedge fund. You need to define what will differentiate you from all the other hedge funds out there--aside from profitability. All of them are going to shout out how profitable they are. If you do, then you are going to be just another dog barking in the neighborhood.

You do not need college education to be a good hedge fund manager. Analysts on the sell side need that. You, as a hedge fund manager, don't. What you need are people skills on top of your ability to make money for other people.

Good luck! http://jsforex.blogspot.com