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Have you ever dreamed of being an extremely high-paid money manager?

I used to work for a distinguished gentleman who became a billionaire by managing money and simply making a 12 to 16% consistent annual return for his clients. And I’ve heard that if you can produce a consistent 20% annual return, you will have millions of people around the world begging you to manage their money.

Did you know there is an organization on the Internet whose sole purpose is to identify, and possibly even hire, world-class money managers? You can use the facilities on the site to test different strategies and investment philosophies, without using real money. Not only that, but if you prove to be one of the top investment performers tracked on the site, you may even be offered a Fund Manager position!

The site I’m talking about is www.marketocracy.com. Who or what is Marketocracy? From their website:

Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company's affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services.

Who are these “Best Investors”? Again, from their website:

Marketocracy has recruited over 55,000 people to manage over 65,000 model portfolios at www.marketocracy.com that compete to become the best investors. For over 3 years we have tracked, analyzed, and evaluated their virtual trading activity and have accumulated a massive database; following over 10,000 stock positions at any one time and more than four million trades.

Marketocracy constantly analyzes and ranks the stock picking ability of our members using a complex algorithm that incorporates long and short-term performance, as well as an attribution analysis that accounts for market, sector, style, and trading contribution so that we can isolate comparative returns. We believe this eliminates much of the performance associated with "being in the right place at the right time" and helps us identify the truly best investors.

Basically, here’s how it works:

You can join Marketocracy for one or both of the following reasons:

1. To test out different trading strategies, using “real-world” simulation and not just a back-testing algorithm or “paper trading”.

2. To compete for the title of world-class money manager, and possibly even landing a Fund Manager position.

Naturally, the compliance rules are much stricter for option 2 than for 1. To compete for an actual money manager position, you must comply with most of the rules for a typical, real world mutual fund.

These include not having one position with a value of more than 25% of your entire portfolio, and having at least half of your portfolio comprised of positions each representing less than 5% of the value of the total portfolio.

You are given $1,000,000 in “fake” money to invest in any way fit as long as you comply with the rules. You must pick stocks on the NYSE, the American Stock Exchange or the NASDAQ.

To compete, you may only have one Marketocracy “account”, but in that account you can have up to fifteen different “funds”. Each fund can then have a different sector focus or trading strategy. Now you can even have funds that totally go short.

Of course, if you choose not to comply with these rules, you can simply use Marketocracy to test out different trading strategies to see how they would have worked in the “real world”.

I don’t see any reason for NOT using Marketocracy’s services if you are a serious investor and want to test out different trading scenarios without risking real money. Even if you don’t want to compete for a world-class money manager title, it’s just a very quick and easy way to see how your strategies work in the “real world”.

To help in the investment education process for our Trade Your Way To Wealth Members, I will use Marketocracy to track the performance of our Trade Your Way To Wealth “portfolios”.

Here’s how it will work.

I will set up three separate “funds”.

The first fund will be the Stock Fishing Fund. This fund will contain the stocks I choose to “invest” in from the Stock Fishing section of the website. I may or may not have actual investments in the stocks themselves. Remember, this site is for educational purposes only!

The second fund will be the CAN-CAN Fund. This fund will contain the stocks I choose to “invest” in from the CAN-CAN section of the website. These stocks will be the ones that are fundamentally superior to most stocks in the market, with the buys and sells timed with candlestick signals.

The third fund will be called the Trade Your Way To Wealth Composite Fund. This fund will consist of stocks picked from the remaining areas of the website, which include the following:

1. TNT Stocks.

2. Amazing Amex Movers.

3. FARM Stocks.

4. IPO’s In Orbit.

5. Magic Green Book Stocks.

6. Baffle Plays.

Here’s the rationale for having these three funds.

For Stock Fishing and CAN-CAN, I will be able to find plenty of stocks to be able to comply with Marketocracy rules

The rest of the Trade Your Way To Wealth stock pick services are comprised of very special situations, and I may not be able to find the fifteen to twenty stocks necessary to complete a compliant “fund” in each of those categories. So I will aggregate those types of stocks into the TYWTW Composite Fund.

So, that’s how it will work, at least starting out.

If you have any questions about Marketocracy, about the TYWTW portfolios, additional suggestions or comments, or anything whatsoever, please feel free to place a Support Ticket in the Contact Us area of the site.

And stay in touch via the chat rooms to see the actual stocks I invest in. I will notify our Members in this order:

1. The TYWTW Platinum "Mastermind" Membership Group.

2. The TYWTW Gold Membership Group.

3. The TYWTW Silver Membership Group.

Good Investing!