Even a full time job at home depot or MCD is better than being self employed when it comes to getting a loan.....
How does it work out with the monthly deposits because they'll only show they are from Brokerage Account A to Bank Account B and not from a place of employment, i.e. a proper firm? Does it matter if you immediately pull the same amount from Bank Account B back to Brokerage Account A for trading? What should you put as occupation on the tax return? Does IRS care as long as you pay your taxes? What if the tax return shows a down year?
Perhaps before you resort to a minimum wage job here is an alternative, join a prop firm essentially on your taxes and elsewhere they will be your employer i.e. you will be a proprietary equities trader at firm X, they will issue you a K1 ( registered prop firms, non registereds issue 1099 which won't work in this case) and verify your employment, all you have to do is pass S7 or S56.
How are you losing money? if you mean the monthly dues, a successful trader always needs tax write offs...
Are you aware of any instance a profitable prop trader with good credit and K1 having being turned down for a loan or credit?
No, I am not aware of one being approved either. K1 is partnership income, so I imagine if the firm has good standing/credit/ assets the partner ( trader) should qualify. But again, I am unsure. surf