Why has it taken 10 pages for the obvious to be stated: It's not legal to solicit investors in the US without jumping through all the regulatory hoops...
the statement is meaningless as the regulatory hoops are either zero or minimal. if you care to list them be my guest.
Most here don't even know how to trade. Even if they do trade they are happy with 10-20% gains. I read so many BS around here.
Maybe I should do that? To show that you can take a $1000 account into huge returns. I've done it before.
I do not think it is about making money, but about trust. Even if you were to show people that you could multiple capital by 10 each year, I doubt people would give their money to be managed except to banks and mutual fund companies that spend money to get people to trust them. I believe that backers and prop firms do not exist. Prop firms search for capital from traders, so how could they provide capital to traders?
Prop firms do search out capital or training fees from traders. But you do use quite a bit of the firms money to trade. The former firms known as Echo Trade sent me an email that said I could get as high as 30:1 buying power after trading was watched by the Risk department. someone is giving you 30k to trade with for every 1k you deposit....even if they are taking a deposit, you are still trading a Sh*tload of their money