1. A method for initiating trades in an investment account, the method comprising: holding one or more trading qualification events among a plurality of traders; selecting a subset of the plurality of traders participating in the qualification event as portfolio managers; allocating to each of the portfolio managers an amount of money to be invested; distributing information regarding the portfolio managers and their respective investment strategies to a distributed community of investors; facilitating a selection by one of the investors of one or more of the portfolio managers; receiving a trade instruction from one of the portfolio managers selected by one of the investors; and initiating in response to the received trade instruction a correlative trade in an investment account associated with the one of the investors.