The Profitable CTA with Kelly Hollingsworth | Business Advice for Commodity Trading Advisors-logo

The Profitable CTA with Kelly Hollingsworth | Business Advice for Commodity Trading Advisors

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If you’re a talented futures or forex trader, this show will help you to take your trading skill to the next level and start your own profitable business as a commodity trading advisor. Trading skill isn’t enough—many CTAs fail—and this show will teach you to sidestep landmines, attract assets, operate efficiently, and enjoy CTA success.

If you’re a talented futures or forex trader, this show will help you to take your trading skill to the next level and start your own profitable business as a commodity trading advisor. Trading skill isn’t enough—many CTAs fail—and this show will teach you to sidestep landmines, attract assets, operate efficiently, and enjoy CTA success.
More Information

Location:

United States

Description:

If you’re a talented futures or forex trader, this show will help you to take your trading skill to the next level and start your own profitable business as a commodity trading advisor. Trading skill isn’t enough—many CTAs fail—and this show will teach you to sidestep landmines, attract assets, operate efficiently, and enjoy CTA success.

Language:

English

Contact:

2084579106


Episodes

Ep. #23: CTA Q&A

5/14/2019
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In this episode, we discuss three listener questions. 1) how to get started as a commodity trading advisor without a track record (spoiler alert: you can’t, but listen to find out why—the reason will help you become a better trader and grow your CTA); 2) How to know when you’re ready to trade other people’s money (and what to do if you aren’t ready); and 3) How do you know if your CTA will grow. The post Ep. #23: CTA Q&A appeared first on Become a Profitable CTA.

Duration:00:33:50

Ep. #22: Promo Problem 5: Low Confidence Offers

3/28/2019
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If you want more customers and more revenues, your offers must convey confidence. Today we’re going to discuss three features of a low-confidence offer, and how they keep you from getting what you want in business and in life. If you have a profitable trading program that isn’t attracting customers, I can help. Go to profitablecta.com where you can access my calendar and schedule a free but very valuable call with me. The post Ep. #22: Promo Problem 5: Low Confidence Offers appeared first...

Duration:00:18:17

Ep. 21: Promo Problem #4: Unusable Track Records

3/6/2019
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If you don’t have the brokerage statements that support your track record, you don’t have a track record, and that means you don’t have a business. Too many commodity trading advisors find themselves without a usable track record because they can’t support the returns in their track records. Today’s episode discusses five common reasons that critical brokerage statements go missing. Don’t let these happen to you! The post Ep. 21: Promo Problem #4: Unusable Track Records appeared first on...

Duration:00:07:39

Ep. 20: Promo Problem 3: Multiple Trading Programs

2/19/2019
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Commodity trading advisors often wonder how many trading programs they should offer. Generally, less is more. Too many trading programs can communicate a lack of confidence, confuse your customers, undermine sales, and thwart the development of your own expertise. Listen to this episode to find out why too much diversification can be harmful to your business! The post Ep. 20: Promo Problem 3: Multiple Trading Programs appeared first on Become a Profitable CTA.

Duration:00:17:47

Ep. 19: Promo Problem 2: It’s all About You

1/28/2019
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Commodity trading advisors (“CTAs”) who use lots of promotional material typically have lower assets under management than CTAs who use none. Why? Because typical CTA promotional materials repel customers! In this episode you’ll learn the primary reason this is the case, and what you can do to avoid this problem in your own promotional material. The post Ep. 19: Promo Problem 2: It’s all About You appeared first on Become a Profitable CTA.

Duration:00:15:04

Ep. 18: Promo Problem 1: Jargon

1/22/2019
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Many CTAs have a hard time attracting customers, and their promotional materials are a big part of the problem. One reason CTA promotional materials repel rather than attract customers is that they are riddled with jargon that prospective investors (including institutional investors) find confusing and difficult to understand. This episode explains what jargon is, gives examples (that you might not think of as jargon), and explains why CTAs are tempted to use jargon. The post Ep. 18:...

Duration:00:14:52

Ep. 17: When You Don’t Know Any Suitable Customers

1/9/2019
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In the last episode, we discussed the problem of not knowing anyone to invest with your CTA. This week we discuss what to do when you know people who want to participate in your trading program, but you think they’re not suitable to invest. We also discuss the customer suitability rules applicable to registered CTAs, and why writing your own more stringent rules about suitability hurts your profitability. The post Ep. 17: When You Don’t Know Any Suitable Customers appeared first on Become...

Duration:00:02:01

Ep. 16: When You Don’t Know Any Prospective Customers

1/3/2019
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What do CTAs do when they don’t know any prospective customers? The first thing to do is assess if this thought about not knowing anyone is true, and whether it’s useful. Often, the thought is untrue, and never is it useful. Listen to this episode to learn why. The post Ep. 16: When You Don’t Know Any Prospective Customers appeared first on Become a Profitable CTA.

Duration:00:16:03

Ep. 15: Pay-to-Play

12/20/2018
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Almost every CTA will at some point be asked to pay to play. “Paying to play” means paying money for the promise of accounts coming your way, now or at some point in the future. This episode discusses the downsides of pay to play, so you can decide The post Ep. 15: Pay-to-Play appeared first on Become a Profitable CTA.

Duration:00:10:37

Ep. 14: Charging Too Little

12/11/2018
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Many gifted CTAs forego significant profits because they simply don’t charge what the market would pay. Listen to today’s episode to find out why this happens and how you can avoid it, so you can earn more money as a commodity trading advisor, and attract more clients into your business. The post Ep. 14: Charging Too Little appeared first on Become a Profitable CTA.

Duration:00:17:56

Ep. 13: Selling Trading Signals vs. Managing Accounts

11/29/2018
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Some commodity trading advisors don’t manage accounts for their customers. Rather, they sell trading signals. They tell their customers where to buy, sell, take profits and place stops. In this episode, we discuss why this route is often riskier than many CTAs realize, and why it’s generally an impediment to profitability. The post Ep. 13: Selling Trading Signals vs. Managing Accounts appeared first on Become a Profitable CTA.

Duration:00:18:57

Ep. #12: Too Much Information

11/14/2018
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CTA’s often struggle to create promotional materials. They’d rather just trade. This episode explains why fancy tear sheets and pitch books are unnecessary. We also discuss common problems that render most CTA promotional materials ineffective, and when to put promotional material to work in your business. The post Ep. #12: Too Much Information appeared first on Become a Profitable CTA.

Duration:00:14:03

Ep. 11: 2X Programs

11/6/2018
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A 2X program happens when a customer wants to double his position size, but he doesn’t want to increase his trading level. Listen to this episode to find out why this kind of customization presents profitability problems for CTAs, and how to give your customer the increased exposure he wants without experiencing these problems. The post Ep. 11: 2X Programs appeared first on Become a Profitable CTA.

Duration:00:15:51

Ep #10: Q&A for Unregistered CTAs

10/28/2018
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Many commodity trading advisors would like to forego registration in the early stages of their business. They want to operate as exempt CTAs at first, but they simply don’t know how. Listen to this episode for answers to questions about how to operate an unregistered or exempt CTA. The post Ep #10: Q&A for Unregistered CTAs appeared first on Become a Profitable CTA.

Duration:00:42:47

Ep. #9: Performance Hurdles

10/18/2018
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CTAs often wonder if they should offer a performance hurdle in their incentive fee calculations, but performance hurdles are illogical given the performance expectations placed on CTAs. Listen to this episode to find out why performance hurdles unnecessarily and unfairly undermine CTA profitability, and what to do instead. The post Ep. #9: Performance Hurdles appeared first on Become a Profitable CTA.

Duration:00:12:55

Ep. #8: Can CTA customers deduct advisory fees?

10/10/2018
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If your customers can’t deduct their advisory fees, they’ll pay tax on trading gains that they don’t get to keep. Listen to this episode to learn why customers might not be able to deduct the advisory fees they pay to you, three strategies that can help your customers avoid this situation, and why these strategies may or may not work for your business. The post Ep. #8: Can CTA customers deduct advisory fees? appeared first on Become a Profitable CTA.

Duration:00:14:55

Ep. #7: Diversification through Managed Futures

10/3/2018
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CTAs who market “diversification through managed futures” often struggle with sales because they overcomplicate the message and require customers to make multiple decisions before they can buy. Listen to this episode to learn an easier and more effective approach. The post Ep. #7: Diversification through Managed Futures appeared first on Become a Profitable CTA.

Duration:00:08:48

Ep. #6: CPO vs. CTA

9/26/2018
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At some point, every commodity trading advisor wonders if they should set up a pool. Most CTAs who set up commodity pools live to regret it, because investors overwhelmingly tend to prefer separate accounts. Listen to this episode to find out why, and also the few situations where a pool might make more sense. The post Ep. #6: CPO vs. CTA appeared first on Become a Profitable CTA.

Duration:00:22:41

Ep. #5: Notional Funding Restrictions

9/19/2018
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Some CTAs won’t allow their customers to use notional funding, or they set restrictions on which customers may use it. These restrictions inhibit CTA profitability and make it more difficult for CTAs to attract customers. Listen to this episode to find out why profitable CTAs don’t set restrictions on their customers’ use of notional funding. The post Ep. #5: Notional Funding Restrictions appeared first on Become a Profitable CTA.

Duration:00:16:42

Ep. #4: Trading Naked

9/14/2018
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New CTAs often trade for their customers without a written agreement. This is called “Trading Naked” and it presents a profitability problem for CTAs. One reason is because it can hurt your track record. Listen to this episode to find out how, and what you can do about it. The post Ep. #4: Trading Naked appeared first on Become a Profitable CTA.

Duration:00:11:57