Thanks ALFA, I already knew that by 5 years this would possibly be the case, I don't have my own house and I don't have the kind of credit history to get large loans. I am adding £20 to £50 a week to my OANDA forex account also from my weekly earnings
If you can produce your 13 month history of your consistent results and it reflects very tight trade management, I am sure there are people out there that will be drooling all over you. Good traders are a scarce commodity. I would speak to some professionals (doctors, engineers, lawyers etc) who are consumed by their profession and making 0.5% on their accounts. Show them what you do and back it up with your statements and I can't see why you can't pick 2-3 people that will part with 5000 quid each and form that win-win partnership.
I use increased lot sizes and average into trades and also use direct hedging of the same currency pair when things get over leveraged, I use 2 accounts. 1 for long trades and other for short, so my trading may look a little bizarre to some but its the only way I have found good returns to be possible. over the years I've pretty much tried everything and this is by far the best for me
i took up barclaycard's bank transfer offer of £11k, 0% interest, but 1.4% fee for a year. Any chance you can do something similar with a credit card?
Its ironic that the reason I can't get credit is because I've spent most my adult life perusing this venture.
@Visaria you seem to be pretty well connected in London. Maybe you know someone that may want to invest in @wwatson1 Just a thought.
Well done wwatson1 for making 100%+ in a year. Unfortunately, the base capital was £500, which tbh is not meaningful. No allocator is going to say, hey you made £500, 100% in a year, i'm gonna give you a million to trade.
But your right what you say, I think I will give it another 5 years, I'm already putting £20 - £50 a week in.