How did you get your trading capital?

Discussion in 'Professional Trading' started by SomeYoungGuy, Apr 29, 2010.

  1. F112358

    F112358

    I donated some semen.
     
    #11     Apr 29, 2010
  2. sprstpd

    sprstpd

    Inherited 20k. Invested in a basket of internet stocks back in the day before they rocketed higher. Turned 20k into 100k by dumb luck. That was my bankroll.
     
    #12     Apr 29, 2010
  3. Lol, me too. money doenst fall off trees you know.
     
    #13     Apr 29, 2010
  4. Yup, same here.... paychecks. I'm currently busting my a** in order to meet my savings goals of two years living expenses along with the funds so that I too can go full time, and I am within 3 weeks!
     
    #14     Apr 29, 2010
  5. Man 20k to 100k..nice
     
    #15     Apr 29, 2010
  6. borrowed 4k from grandmother in 2006 - Account still going

    paid above off with 10k I made from craigslist in early/mid 2008
     
    #16     Apr 29, 2010
  7. Nexen

    Nexen

    Inheritance.
     
    #17     Apr 29, 2010
  8. Peeps:

    how do you handle open trades at last year's end on your tax schedule for the current year. Do you just leave em off your current scdedule D as they will be reported in the coming tax year.

    This is a bit confusing.
     
    #18     Apr 29, 2010
  9. gaj

    gaj

    built a little money from my techie job in the mid 90s, traded a little while there and got a little bit, then left in '99. only built my bankroll from a small bit.
     
    #19     Apr 29, 2010
  10. Hardo

    Hardo

    I don't reccommend doing this but this is what I did:

    About few years ago before the credit crunch and financial meltdown I had about 4 credit cards with limits ranging from 5k to 12k. I got a couple more to give me some wiggle room and through a scheme I read about on a personal finance website I took out 30k cash from them through 0% balance transfer offers. With the credit situation today and the way card companies are cracking down I'm not even sure you could do this anymore, or if you could the terms wouldn't be as good and the costs would be higher.

    I took this original stake and have made enough to pay it all back to the card companies and have about 70k in my trading account right now. It wasn't easy and at times I was a little worried, especially during the time when everyone thought the world was ending and the market was going to zero.
     
    #20     Apr 29, 2010