need to obtain seed capital

Discussion in 'Professional Trading' started by top_playa, Jun 19, 2008.

  1. Hi all,

    Has anyone here ever borrowed money to trade? If so whom would you recomend?

    All replies and snark welcome.

  2. Lucrum


    I hear Tony Soprano has cash to lend.
    The interest rate is high though and unless you like riding in the trunk of a car you darn sure want to pay him back.
  3. x2012


    You joined the site 5 years ago...enough said
  4. Thank you for your elite observation about my status here but its irrelevant to the point of my question.

    I know for a fact that there are alot of members here who have at one time or another come up short due to circumstances. I am curious as to whom people turn to lean on.

    I'm personally doing great with my business, but I hate when people ask me for money. I guess that I like to be an enabler.


  5. Since you're doing great, why don't you use your own money?
  6. Friends & Family.
  7. mark2


    First depends on how big of trading capital you are looking for.

    Second, With a min of $5000-$10000 initial capital in a trading firm account, you should be able to borrow margin and have enough trading capital for you to start small....To me, $25000-$50000 is already a good enough account size range to make a living with....

    So, ask around... guess if the money you are looking for is small, it is not hard to get. You can get a personal loan from bank or a loan company if your credit rating is good. But make sure the interest is reasonable.

    But why don't you borrow from your own business ( make sure you have a payback schedule) instead of paying high interest to a third party?