Does hedging allowed? how about scalping?
In Private Scandinavian Sparkasse, we do not limit our clients in their trading style. In that way,we believe that our clients would be able to maximize their trading capabilities and experience and in return maximize their return.
spraysprak_02, in PSS PB, investors are given the freedom to divide his or her investment into several accounts and let their chosen manager handle it. They would be given the power to choose which account/s would be placed in a manager. The manager would work on the trading accounts of the investor and after the duration of their contract, the said gains would be distributed to each account accordingly while enlarging the manager's account due to all the profits and fees he gained during the transactions. For a better understanding and a more simple presentation you may visit Private Scandinavian Sparkasse's website.
Just like other fund management, there is also a possibility that the manager cannot earn any profit during his/her trade. If your chosen manager won't be able to give you profit your account will remain to be the same. However, in order to avoid stagnant accounts, monthly performance of the managers are being reviewed.
Just like other fund management, there is also a possibility that the manager cannot earn any profit during his/her trade. If your chosen manager won't be able to give you profit your account will remain to be the same. However, in order to avoid stagnant accounts, monthly performance of the managers are being reviewed.
And if ever you will find out that the manager that I choose isn't performing that much, what actions will you do?
If I'm willing to be a fund manager, what platform are you going to give me? Are you guys using the MT5 platform?
During this case, we actually have a certain procedure that we follow. Such case is considered to be an offense to the agreement between Private Scandinavian Sparkasse and of the Fund managers. Number and degree of offenses have a corresponding sanction/s. This is thoroughly explained with the Broker-Manager agreement.
I see, if worse comes to worst what would be the sanction that you will give to the said fund manager?
The worst sanction that Private Scandinavian Sparkasse can give is the termination of the fund manager since from the very start the said fund manager agreed to diligently trade the investment of the investors
The worst sanction that Private Scandinavian Sparkasse can give is the termination of the fund manager since from the very start the said fund manager agreed to diligently trade the investment of the investors
Isn't too much to terminate the manager? I mean what if the market isn't really that good as compared to their trading style?
And if the sanction would be that what will happen to our funds?
I honestly dont think that just because your trading style doesnt suit with your trading style you wouldn't earn something. I mean a good trader must ALWAYS have a contingency fund.