Great advice thanks. Ill just remember not to come here for motivation haha. Tough crowd. Ok so I made my initial post pretty desperate. I work for a software firm so Im not living on pennies, but I want a better life, where Im not reporting in to anyone or have anyone over me. I can cut costs to reduce overall cost of living but my current sticking point is my cash flow is tight because I have a lot of stuff on credit atm. I could just sell stuff off, but id rather build up.
People said I also couldn't flip a house with no experience, but I have two under my belt already. I used hard money loans and got my flips done and closed within 4 months on each cycle from purchase to close. Unfortunately instead of investing all that money I used it to buy my house and truck to set myself up for awhile. Other than that, I have coordinated and managed integration platforms between major software deployments that serve millions of customers daily.
I think the best advice given so far was from
@Sekiyo thanks for something with substance.
You're welcome.
Actually Proprietary firms wise,
It's really tough to get into valuable ones.
You need lots of experience, contacts and backgrounds.
I've tried a "Prop" firm for the average Joe and it just doesn't make sense.
They will provide you ZERO capital even though it looks like they hand you thousands.
They have stupid rules and if you break them they will throw you into the trash like shit.
This, even if you're a profitable and consistent trader. Because they don't care about it really.
Their business model is to cash money from trials, combines, exams and the like.
They don't care about you personally and your potential. Seriously.
So instead of wasting your time and money trading fake capital to prove yourself.
Just open a small account and trade your own money, keep the commissions for yourself.
With all the fractional shares and micro contracts available, you're able to build up.
We don't need large sum of money to trade with ease risk wise.
But you got to be patient and build up over time.
However if you're good and lucky then you can easily double your investment in 1 month.
This is what I've done since Feb 10th.
Tried a prop firm and this is my returns.
Start is 4500 (1).
Not saying I am good.
But it can be achieved with skills and luck.
Broke a stupid rules and they threw me out.
So I am going to open a 5k account and trade micro contracts.
If I had done this on Feb 10th I'd be up more than 4x my initial investment.
.