Two years ago surfing I stumbled upon a website called Collective2, “Trading Systems Authority”. It took me some time to go through it but I am glad I did. Why? To make a long story short:
I used to invest some money in stocks and mutual funds, I tried commodities and options and I enjoyed trading currencies. My problem was, that I could not possibly study each trading market and segment particularities. It is just too huge for a humble human mind to know it all. I tried managed accounts, but all serious money managers required bigger amounts than I could afford.
In C2 I found more than 5000 trading systems, from commodities to stocks to options to currencies. All the systems are audited in real time and their performance scrutinized and analysed. Not all are good, but I was able to pick a few good ones. By good ones I mean systems that bring in more than 10% a month, consistently and with low exposure to loss. And I did not expose my money either. I was given free demo account to learn what to do and how. I started live trading only after I learned how to evaluate trading systems according to their past achievements and their trading style.
The beauty of these systems is a mixing capability. I usually pick 5-7 systems and give them different weights. For example, I give the first system 25%, the second system 20%, 15% to the third, and 10% to next four. If I do not like how they trade (I can check their open positions in real time through my free C2 account) I can easily switch one or more systems off, replace them by another or reinstate them afterwards again.
I do trade currencies successfully. With C2 I can trade all the markets successfully.