„Hope for the best and plan for the worst.”
IN CONVERSATION WITH Marc Pötter
„I have no crystal ball, and the market gives us nothing, so you and I need patience But as a rule that pays in the long term.“
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Tell us something about yourself as a trader.
For 20 years I have been dealing privately in equities, funds and certificates. As a professional dealer at Smart Markets I have been engaged for ten years in short-term trading and day trading.
What training do you have in finance, have you successfully obtained particular qualifications?
I took a degree in industrial economics at Cologne, majoring in capital-market theory. I subsequently took training courses to qualify as a Certified European Financial Analyst (CEFA) and a Certified International Investment Analyst (CIIA).
What led you to become engaged in the capital markets?
As a young man I found it fascinating that money can work for you and you yourself do not need to work. Today I know of course that you actually do have to do something for it. But at this point I was already very clear about my career, and the training I took was directed to this goal.
Why are you at Follow MyMoney?
I find the whole idea really great, that in future you will be able to handle your complete financial investments via an app on a mobile phone. I do my best to see that here too investors can participate in short-term trading.
Your target return?
I am very satisfied with a double-digit return per year. Given 10 per cent a year, that means the capital will double every seven years.
What particular recommendation would you give your followers?
Only come in with me if you can cope with strong fluctuations and have a long-term investment outlook. I have no crystal ball, and the market gives us nothing, so you and I need patience. But as a rule that pays in the long term. And you should follow the percentage recommendation, since the size of my position fluctuates strongly in part, though the loss risk per trade remains relative constant.
„I have no crystal ball, and the market gives us nothing, so you and I need patience But as a rule that pays in the long term.“
Combining fundamental research and technical analysis, AskLORA picks three best stocks from the market each week for an investment period of four weeks. Each stock will have a target profit as well as a stop loss limit.
Medium to long-term trend-following model, taking risk and correlation into account.
Analysis of global financial markets to find short- and medium-term investment opportunities.
Follow MyMoney is a product from FELS wealth GmbH, a FELS Group GmbH subsidiary company.
The FELS Group GmbH is a fintech company based in Kelkheim near Frankfurt, Germany. It has developed software that enables clients to easily and directly implement strategies from external and independent investment professionals, using their own securities account at their bank. This is made possible by an online financial platform on which select traders and investment professionals post their strategies and investment suggestions for clients. Clients receive these suggestions as a push service, by SMS or e-mail, and can follow them directly and in real time.
The provider of the investment services in accordance to section 2 German Securities Institutions Act (WpIG) is FELS wealth GmbH, Dieselstraße 2, 65779 Kelkheim. FELS wealth GmbH has a corresponding permit from the Federal Financial Supervisory Authority (BaFin) in accordance to section 15 German Securities Institutions Act (WpIG).
You should ensure that you have the risk appetite, relevant experience and knowledge before you start trading. Using the Follow MyTrader service entails risks to your capital. Amongst others, there is the risk of following traders whose ultimate purpose, or financial status, differs from yours. A Star Trader’s past performance is not a reliable indicator for his future performance. Detailed information is included in our Risk warnings document (only available in German).
FELS Group GmbH
Dieselstraße 2
65779 Kelkheim
Germany
info@followmymoney.de
https://followmymoney.de