The system was written up on Seeking Alpha.

Essentially, Covestor.com aims to de-institutionalize money management. They provide a real-trade sharing service that offers self-directed portfolio traders the opportunity to compete with, and be rewarded like, professionals. By sharing the work they already do for themselves, Covestor offers to enable traders to build their reputations, and eventually earn fees based on proof of their investment record.

My concerns are (i) my personal trading is going to be a substantive part of my service to paying clients, and (ii) I just don’t have the time right now to take on another project. So, maybe some of you can help. Obviously this is for the active trader.

I have a list of 20 registration codes for testing by a Team Cara Covestor. While this service may turn out to be valuable, I haven’t yet made up my mind as to whether or not to become personally involved, and, if so, how.

Let me know if you’d like to participate.