Getting Funding for Trading?

Discussion in 'Trading' started by stockpredictor, Feb 20, 2021.

  1. hilmy83

    hilmy83

    so let me get this straight, you went to a fucking bank and then showed them your thread on ET on how you are a profitable trader looking for money?????

    LOL holy shit bro..that is something i had to witness. that must be the talk of the branch after you left.

    Judging by your description of your "lack of social skills"..i figured your meeting went something like this

     
    #41     Feb 21, 2021
    comagnum, rb7 and themickey like this.
  2. upload_2021-2-21_12-50-22.jpeg
     
    #42     Feb 21, 2021
  3. Yeah I've always been that kinda guy...
     
    #43     Feb 21, 2021
    cesfx and hilmy83 like this.
  4. Overnight

    Overnight

    I cannot fathom a bank that will give you a loan to trade stocks. The best offers I have ever seen on low interest-rate secured loans are backed by a portfolio, and even there they say the money may not be used for investing or trading activities.
     
    #44     Feb 21, 2021
  5. LS1Z28

    LS1Z28

    If you have a 5 figure account and a system that returns 10-15% per month, you don't need a loan, you need patience.
     
    #45     Feb 21, 2021
    ITM_Latino, bone, rb7 and 4 others like this.
  6. Don't have any. I'll be a grandpa by the time I do.
     
    #46     Feb 21, 2021
    themickey likes this.
  7. themickey

    themickey

    In which case your system isn't proven.
    If you have a low trading bank balance, then your system hasn't gone through the wringer yet.
    I look forward to your journal on how you go. :)
     
    #47     Feb 21, 2021
  8. The poster sounds very immature(age under 20 i bet). I cannot imagine the look on the bank person's face when he showed the ET thread to him/her.

    If he is really that good then he should have no problem growing the acct quickly to low-mid six figures with a margin account.
     
    #48     Feb 21, 2021
    Snuskpelle, rb7, fan27 and 1 other person like this.
  9. wrbtrader

    wrbtrader

    Solutions:
    • Go to college and get a degree that will land you on Wall Street as an institutional trader.
    • Work your ass off for 1 - 3 years in your trading plus working a job on the side. You will need to put your social life on hold...timing is perfect...its a Pandemic.
    • Move the Thailand for a few years and work as a male service worker...again...work your ass off (literally). :rolleyes:
    [​IMG]

    wrbtrader
     
    #49     Feb 21, 2021
  10. ajacobson

    ajacobson

    Forget banks they are no structured to lend to you. Write a business plan, or pay a service to write one for you and make friends with someone who has Bloomberg access. Lots of money in Nevada for tax arb. Even Apple runs their cash out of Nevada. Work the openings - almost anyone will give ten minutes with those numbers. Tape your pitch before you give it and work out any rough spots. FOs love lone traders and I suspect there are more in Nevada than Florida.
     
    #50     Feb 21, 2021