Need more trading capital

lenola · Jul 25, 2003

Help please, looking for private capital firm with sub account or something like that for more trading capital.
I have about $7000

mksummny · Jul 25, 2003

7k wont get you jack in this market bud. You should not even go at this game with less than 100k, and you have to be willing to lose that amount! I suggest you buy 7k instant scratch off tickets and try your luck

TGregg · Jul 25, 2003

That's the point. She thinks somebody else will just give her money to trade with. Too funny for words.

Ebo · Jul 25, 2003

Lottery tickets!
I just wet myself.
Thats a good one.

jasrlew · Jul 25, 2003

Try the prop firm thread or broker reviews for a prop firm. There are several that will work with you with $7k.

lenola · Jul 25, 2003

thx jasrlew

jmis · Jul 25, 2003

gosh you guys are harsh for an innocent question.
lenola, 5-7K is just right for a smal learning/trading accnt, i'm assuming you're learning?

what are you trading? and how much do you think you need? there're a few venues for small traders, if you specify your needs, maybe other experienced traders around here can provide more leads?

jmi

-EntropyTrader · Jul 25, 2003

5-7k is perfect as long as you don't depend on your trading account as your primary source of income. Create a system/strategy and trade it. If it has a positive expectancy then increase leverage or add to your account from your paycheck. If it has a negative expectancy, lower the amount of leverage you use to below 100%. Position sizing helps to get the expectancy figures moving up.

fattyasids · Jul 25, 2003

Quote from TGregg:

That's the point. She thinks somebody else will just give her money to trade with. Too funny for words.

how do you know its a she?

jasrlew · Jul 25, 2003

Thanks jmis, I agree totally with you.