[Sniper]

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from a currency trader. He showed me audited financials that says he has made 8% a month for the last two years. In November over 40%. He says I can have a 'managed account' at his broker where he will have power of attorney to trade my account. He gets 25% of profit. I'm to invest 25k+

Thoughts?

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Here's some questions...

How well do you know him?

How many other clients does he have?
Is he registered?

Assuming he has several managed accounts, how does he allocate trades to each account?

Which broker is he using?
What type of reporting will you receive?

A typical deal like this would be for 1% of assets and 20% of profits.
Also, even though he will be managing the trades, you should understand his trading philosophy/plan!

Finally, make sure you understand the risks of currency trading, and that you are prepared to lose the entire 25K!