See attachment. Ok I'm done about tst.
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How does someone get the capital required to turn trading into a business?
- Thread starter cornholio
- Start date
See attachment. Ok I'm done about tst.
If you kept on reading he corrected himself and stated it was a different person.
cornholio :
so as you get down to the real 'issues' : why not drop 175$ and give a go to their basic combine ?
so as you get down to the real 'issues' : why not drop 175$ and give a go to their basic combine ?
cornholio :
so as you get down to the real 'issues' : why not drop 175$ and give a go to their basic combine ?
Because i'm not a scalper. I would need the 100K-150K combine for swing trading. Downloaded the demo and looked at the product list. Not enough instrument choices to trade for ME. So done with this option pretty much. Moving on.
Edit. But they are supposedly making a forex combine 'soon'. So I might check that out.
Just found out that a prop firm called Hard8trading, says that it provides seed capital to traders with proven track records. Sounds legit. Some other prop firms say that they hire experienced traders with track records. Not sure if that's the same thing as hard8's seeding program...Anyways, something else to look into.
How does someone get the capital required to turn trading into a business? My guess is you need to start with at least $100K to be on the safe side. If you made 100% return a year and took out 50K$ out at the end of the year then your left with $150K which allows your account to grow. I know the average Joe doesn't have $100K in their savings account... So to the people who turned trading into a business: How does someone get the capital required to turn trading into a business?
Friends and family...
Just found out that a prop firm called Hard8trading, says that it provides seed capital to traders with proven track records. Sounds legit. Some other prop firms say that they hire experienced traders with track records. Not sure if that's the same thing as hard8's seeding program...Anyways, something else to look into.
I know the firm. You need to live in Chicago and work in their office and you better have a hard quantitative edge that you can "prove" to get funding. If you mention squiggly lines on a chart with pretty colors they'll toss you out of the interview.
Interesting. There is a firm in London that has a similar setup as TopStep but they are geared toward FX which is what I like. Only thing is that they "force" you to trade like TopStep. You need to trade 20 days in a 25 day period...I don't freeking get this why do they force you to trade everyday? O yeah, website: http://www.surcaptrading.com/mt4programme/
They force you to trade because then you will overtrade and lose money and pay again to try the combine again. Cha-ching for Topstep. Boo for you.
They got ran off of these boards already and went to a different forum. Traders on elitetrader are smarter than that.
They got ran off of these boards already and went to a different forum. Traders on elitetrader are smarter than that.
Interesting. There is a firm in London that has a similar setup as TopStep but they are geared toward FX which is what I like. Only thing is that they "force" you to trade like TopStep. You need to trade 20 days in a 25 day period...I don't freeking get this why do they force you to trade everyday? O yeah, website: http://www.surcaptrading.com/mt4programme/