The Apiary Fund model is based on the characteristics of an apiary which is beehive where not just one bee but a whole community of bees work together to manage the hive. Just like a beehive, the Apiary Fund (the beehive) grows their capital (the honey) with the help from their traders (the bees).
The Apiary Fund offers an online trader development program with the objective of helping people learn how to effectively manage investment money. The challenge for most people is that in order to master the art and skill of money management, you have to manage real money in real-life markets and most people either don’t have the knowledge or capital to endure the learning curve. The Apiary Fund solves this problem by providing their students with real money from the company and gives them the opportunity to share in the trading profits as the learn. In the same way a hive supports the bee, the Apiary Fund supports its traders by giving them the knowledge and capital they need to work through the learning process.
In the same way the Apiary Fund shares characteristics with the beehive, our associates share certain characteristics with the bee. Here are few of the characteristics our successful traders share:
Bee’s are busy. Bee’s buzz around all day long sometimes travelling up to three miles to find a single drop of nectar to bring back to the hive. Successful traders must have a solid work ethic in order to learn how to make money in the market. The good news, if you’ve ever enjoyed the sweet taste of honey, you’ll know the work has great rewards in the end. And a good money manager would agree!
Honey bees are very adaptable. This is an important skill that every fund manager must have. The financial markets are always changing. There is no one “magic” strategy to profit from the market. A fund manager needs to be able to adjust his / her trading strategies, in order to survive in the market.
In winter, there is much less work to be done and the bees slow down. Similar to the bees, the financial markets also have seasonal cycles. During holiday seasons, like Christmas or New Year, the trading volume is very low. It is not advisable to trade during these seasons, as a trader may be caught in the market and could not exit with profit.
As known, food source of bees is nectar, which is not possible to be found during winter. For this reason, they combine the nectar collected in summer time, produce honey, and store it for winter. This shows why money management is vital in trading. The Apiary Fund teaches money management at the beginning of its program. One of the Apiary Fund’s policies is to stop trading at 2% daily loss. The purposes are to protect capital and keep traders psychology intact. The first important thing for fund managers to do is to protect their capital before they make profit.
Remember “keep your ‘honey’ to live longer through the hard time” the coming winter months.