Advice on how I should Raise Trading Capital?

tomkat22 said:
With 1.62 million subscribers and charging 24.99/month for a Gold membership he doesn't need to make a dime from actual trading. He's probably a multi-millionaire from his youtube income stream alone.
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The free stuff is still good.
Multi-millionarie? Good. It's a free country. If people want to pay it they may be getting value for their money. Timely reminders of trading tips can pay for themselves in spades over the span of a month.
 
NoahA said:
How about you just double your account first and then come back and ask for money?
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Solid suggestion. Doubling an account once or twice (and then looking at the DD incurred whilst doing so) is a basic litmus test for high risk strategies. It still doesn't deal with say tail risk or martingale aspects but it shows that there might be something real there rather than daydreaming.

I really wish I had done that when I started nine years ago, instead of committing so much at first when all I had was Dunning-Kruger hope.
 
If You Must Speculate, Learn the Rules
By Franklin J. Williams
1930

I've considered prop firms but never found one I considered legitimate or worth it.
 
lightninboy said:
If You Must Speculate, Learn the Rules
By Franklin J. Williams
1930

I've considered prop firms but never found one I considered legitimate or worth it.
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Have you read any of the old threads started by @s0mmi ? He did really well at his (I think in Australia) and will get you pumped up thinking that's the only way lol. Great, informative threads worth the time.
 
Taking a loan for trading is never an option. You should always start trading with your own savings. And just wait until you get a job and enough money to start trading. Keep on learning and refining your strategy until then. That’s the only advice I can give.
 
If someone has a $300k account for you to manage. He proposed a quarterly X%profit sharing(your share) deal but you have to bear X% of losses too.
X% cannot exceed 50%.MaxDD=15%.
You have to spend the energy and all costs of trading setup yourself. Is this risk sharing deal hypothetically sound?
 
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