Fellas, it's very interesting how you was capitalized after you became consistently profitable? I'm trading 3y by now and it seems I started to be consistently profitable on my small retail account. But I'm undercapitalized and I don't want to risk more than 2% of my capital per trade in order to earn more. Please share how did you get a capital when you was undercapitalized or any ways you see for a consistently profitable trader to get more capital. Thanks.
I gained my capital the way most self-made people did: I worked hard, spent little and saved the most of my salary. Today it's easier. If you're consistently profitable, you can trade OPM and get commission. Check out one of those referall programs. What asset are you trading? There are many great programms for FX traders but not so much for the rest. Good luck
I think overwhelming % of traders on here are self funded, it is almost impossible to get funding unless you have pedigree, unless you are looking for $5k - $10k, there are firms that will do that once you prove yourself with them IE sign up and pay for their training program...
Same here. Worked and saved it. I was very fortunate to be working and saving in the late 1990s and to lose only 25% of my account in the downturn in 2000-2002. Whenever you trade something that is not your own, there are going to be pursestrings/responsibilities.