I would say JPM. If they didn't tell you you wouldn't make money for at least two years, they weren't honest with you. Even with 250k, that's not enough to live on. Besides, anything below 500k you still want to invest to make it to 7 figures before even considering pulling out money, so the loan offer was not attractive in my opinion. Pay no attention to the borrowing 30k for trading to live on. That's undercapitalized by a lot. Need a good 100k if you really want to live off of it. It doesn't sound like you have experience enough to make it in a prop. You need other avenues of income if you want to go that route, like waiting tables. The JPM offer sounds like the best one.
Go to JP, you will see the whole world of trading! Money will come, do not worry about it now. Get your foot in firt.
well mister B..let me educate you a little, as it appears that you are lacking in some quarters! $30K equates to $120K buying power - any idiot who contemplates trading knows this fact:eek: Several stocks, priced at around $30 make an ADR of .40 to .50..or even more..imagine that:eek: 500 shares @ $30 = $15,000 5 x $15,000 = $75,000..oh look, I still have some money left to trade:eek: 3 x 500 x .40 = 600 2 x 500 x .15 = 150 600 - 150 = 450 450 x 5 = 2,250 2,250 x 40 = 90,000 and I still have over 1/3 of my capital as reserve for when those big days occur what the fuk kind of advice do you think you are giving..do you think everyone is fukin stupid or what! just because you lot are not able to trade does not mean that you should pass on your idiotic ways of thinking to others..as I said,,what the fuk..elite traders me arse