Crowdfund a trading account?

Why has it taken 10 pages for the obvious to be stated:

It's not legal to solicit investors in the US without jumping through all the regulatory hoops...
 
Quote from blah12345678:

Why has it taken 10 pages for the obvious to be stated:

It's not legal to solicit investors in the US without jumping through all the regulatory hoops...
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the statement is meaningless as the regulatory hoops are either zero or minimal. if you care to list them be my guest.
 
Quote from tradingjournals:

prop trading do not exist as people seem to understand it from ads/etc. Their model is to take traders deposits and use exchange margins, and call it "firm capital". Their profit centers are interest charge, commissions, and a cut on the profits of winning traders (who win by chance, until they lose, and others replace them).

Backers do not exist either. I believe people in this form are generally broke or of little means in terms of trading capital.
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Most here don't even know how to trade. Even if they do trade they are happy with 10-20% gains. I read so many BS around here.
 
Quote from RichardRimes:

exactly...your flat out asking for money not promising anything in return!
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Maybe I should do that? To show that you can take a $1000 account into huge returns. I've done it before.
 
Quote from FXforex:

So what's the word on crowdfunding a trading account, is it possible or not?
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I do not think it is about making money, but about trust.

Even if you were to show people that you could multiple capital by 10 each year, I doubt people would give their money to be managed except to banks and mutual fund companies that spend money to get people to trust them.

I believe that backers and prop firms do not exist. Prop firms search for capital from traders, so how could they provide capital to traders?
 
Quote from tradingjournals:

I do not think it is about making money, but about trust.

Even if you were to show people that you could multiple capital by 10 each year, I doubt people would give their money to be managed except to banks and mutual fund companies that spend money to get people to trust them.

I believe that backers and prop firms do not exist. Prop firms search for capital from traders, so how could they provide capital to traders?
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Prop firms do search out capital or training fees from traders. But you do use quite a bit of the firms money to trade. The former firms known as Echo Trade sent me an email that said I could get as high as 30:1 buying power after trading was watched by the Risk department.

someone is giving you 30k to trade with for every 1k you deposit....even if they are taking a deposit, you are still trading a Sh*tload of their money
 
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