Advice on how I should Raise Trading Capital?

Discussion in 'Trading' started by zghorner, Sep 16, 2022.

  1. ph1l

    ph1l

    But won't his subscribers learn his secrets?:)
    upload_2022-9-20_21-9-41.png
     
    #151     Sep 20, 2022
    tomkat22 likes this.
  2. easymon1

    easymon1

    The free stuff is still good.
    Multi-millionarie? Good. It's a free country. If people want to pay it they may be getting value for their money. Timely reminders of trading tips can pay for themselves in spades over the span of a month.
     
    #152     Sep 20, 2022
  3. easymon1

    easymon1

    #153     Sep 20, 2022
  4. Snuskpelle

    Snuskpelle

    Solid suggestion. Doubling an account once or twice (and then looking at the DD incurred whilst doing so) is a basic litmus test for high risk strategies. It still doesn't deal with say tail risk or martingale aspects but it shows that there might be something real there rather than daydreaming.

    I really wish I had done that when I started nine years ago, instead of committing so much at first when all I had was Dunning-Kruger hope.
     
    #154     Sep 21, 2022
    Nobert and NoahA like this.
  5. If You Must Speculate, Learn the Rules
    By Franklin J. Williams
    1930

    I've considered prop firms but never found one I considered legitimate or worth it.
     
    #155     Sep 21, 2022
  6. zghorner

    zghorner

    Have you read any of the old threads started by @s0mmi ? He did really well at his (I think in Australia) and will get you pumped up thinking that's the only way lol. Great, informative threads worth the time.
     
    #156     Sep 21, 2022
  7. Taking a loan for trading is never an option. You should always start trading with your own savings. And just wait until you get a job and enough money to start trading. Keep on learning and refining your strategy until then. That’s the only advice I can give.
     
    #157     Sep 23, 2022
  8. If someone has a $300k account for you to manage. He proposed a quarterly X%profit sharing(your share) deal but you have to bear X% of losses too.
    X% cannot exceed 50%.MaxDD=15%.
    You have to spend the energy and all costs of trading setup yourself. Is this risk sharing deal hypothetically sound?
     
    Last edited: Sep 24, 2022
    #158     Sep 24, 2022