FUTURES TRADING MANAGEMENT ACCOUNT PROPOSAL


What is Futures Trading?

Future is an exchange traded contract or market that does not require the holder of such contract to take delivery of the underlining contract. It is basically a regulated leverage base tradable market and is traded on different exchanges across the globe.
Futures were originally traded from the PIT in Chicago, USA on the CBOT (Chicago Board of Trade) before the introduction of computers.
Today with the help of computers, we now have different futures exchanges across the world where trading of commodity, currency, energy index and agricultural base contract can be traded. Though, some Pits still exist today is some part of Europe and America.

About the Trader
Temitope is a dynamic and result oriented fx/future-trader with successful track record in trading, with major emphasis on money management and price action. He was ranked 14th in the 2011 annual Varengold trading challenge (FX biggest trading challenge), the first African on the top fifty (50) with a risk adjusted rate of return (RAR) of 24.7 and ROR of 91.08%. He currently trade remotely has an independent proprietary trader for a Chicago base futures trading firm.
About Mira Trading
It is a professional trading firm, with experience and dedicated traders who concentrate on training and trading the Futures markets for our clients and student alike. We provide a superior trading technique that utilizes low risk strategies for maximum returns with a high priority on capital preservation.
With low correlation to traditional forms of investment Mira Trading offers key diversification benefits to investors portfolios.

We are:
• An independent fund Manager
• Focused on medium & long term growth for our clients
• Rewarded purely on performance


Future Trading Account Management
The future trading account is a proposed manage account that will be funded by our foreign partner after the intending client or trader has successful pass the require evaluation test for the desired account size.
A prospective trader has the choice to pick any of the available account size based on the amount he/she will want our partner to be funded with. Each account size has a cost attached to it and the evaluation cost is renewable after every 30days until the set target is attained. These targets are mostly met within one to two months of evaluation.

After a successful evaluation and an agreement signed, a trader will be funded with the same amount funded during the evaluation period and is expected to start trading in the real live account with the firm money.
The incentive or profit sharing formula is strictly base on performance; the firm keeps 20% of profit make within the period while the trader keeps 80% of the profit, this is refers to has commission. All losses are absolved by the firm until the trader start making profit or hit the maximum drawdown limit in which the account will be automatically close. The trader will NOT be required to make any payment or refund for the loss suffered.
Exchange fees are paid by the individual trader and withdrawal of profit/commission can be made at anytime even from the first week of trading. The minimum amount that can be requested for withdrawal is $200 with NO maximum limit


Manage Account Trading Proposal
Our vision in this manage account trading proposal is to collaborate, help, guide or assist intending future traders who wish to take this rear opportunity to secure fund which they could not have been able to do has individual. The idea is to join force with such individual in scaling through the evaluation trial.

We offer three (3) basic services:
A. Train an individual on how to trade futures contract and also see to the successful completion of the evaluation trial.
B. Jointly manage a funded account with a prospective client. ( Limited offer available)
C. Take the evaluation trial on behalf of our client who must have demonstrated the ability to trade.


Funding account size
The minimum account size a trader can be funded with is $25,000 (Twenty five thousand Dollars) while the maximum account is $250,000(Two hundred and fifty thousand Dollars).
The minimum monthly renewable evaluation cost for the $25,000 account is $150, while the maximum is $600 for the $250,000 account.


Success rate and profit projection
With our vast experience is trading futures haven’t taken and pass the evaluation trial our self with proof, our success rate is high and projected profit is base on market volatility with emphasis on capital preservation. On a funded account size of $25,000, we project an average monthly commission/profit of $800 after the firm 20% commission is deducted.

In conclusion, when compare with other markets like spot Fx, Options and Equity trading, Futures trading offers a more easy to trade market because it is more technically driven other than fundaments has in the case of equity, easy to understand than Options and it is an exchange traded market that is well regulated unlike spot Fx.
Futures market is also volatile i.e. the market moves very well and has a career developmental path that could qualify you has a proprietary trader or has a registered CTA (Commodity Trading Adviser).


For further enquiry, please check my signature for contact.