Advice on how I should Raise Trading Capital?

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

  1. taowave

    taowave

    You have 2 options IMHO,,,,

    Find a job you love,be happy,and devote your spare time to the study of the markets....
    See if you can be an EOD trader for the time being,and if successful,then decide if its your passion and something you can earn a GOOD living from...

    The second option is to work/apprentice for a successful trader/money manager....


     
    #41     Sep 16, 2022
  2. deaddog

    deaddog

    Do you have a written trading plan? Something you could present to a banker to convince them to lend you money?
     
    #42     Sep 16, 2022
    zghorner likes this.
  3. taowave

    taowave

    LOL!!!!

    What banker in his right mind is going to fund a retail trader with no track record?????


     
    #43     Sep 16, 2022
    ffs1001 and zghorner like this.
  4. zghorner

    zghorner

    Huge thank you to @MACD who took the time to call me and speak on the phone for several hours. One of the nicest things anyone has ever done for me and completely altruistic in nature. I cant say enough kind things about him and our conversation. He gave some great advice and shared some really interesting stories. Potentially life changing if I apply it correctly.

    thanks again.
     
    #44     Sep 16, 2022
    beginner66, vanzandt, cesfx and 4 others like this.
  5. zghorner

    zghorner

    lmao if my own grandma owned the bank she would prolly tell me: "kick rocks ya bum"
     
    #45     Sep 16, 2022
    taowave and vanzandt like this.
  6. deaddog

    deaddog

    None. But you can still write a business plan.
     
    #46     Sep 16, 2022
    zghorner likes this.
  7. taowave

    taowave

    If we are talking a trading plan,I fully agree.....

    Dont know why the OP didnt do thorough backtesting before putting down his hard earned cash...

    Orats for options,Portfolio 123 for Fundamentals and a program like Quantshare or Amibroker for technical trading


     
    #47     Sep 16, 2022
    schizo and zghorner like this.
  8. zghorner

    zghorner

    I appreciate the comments everyone. I have a pretty clear idea on where to go from here and it doesn't involve raising capital. Maybe ill start another thread after I've done something worth talking about.

    thanks ET.
     
    #48     Sep 16, 2022
    Wide Tailz likes this.
  9. deaddog

    deaddog

    I didn't want to say trading plan because most think a trading plan is where do I open a trade and how much profit should I take
     
    #49     Sep 16, 2022
    zghorner likes this.
  10. I enjoyed the thread, thanks for posting. I'm in the "double your money a few times first" camp. Been trying this myself for years, still no luck. Bitcoin fixes this. :D
     
    #50     Sep 16, 2022
    zghorner likes this.