suggestions on funding your trading account for new traders

Seems straight forward:

1. Earn more or spend less. Vincent was a Door dasher/GrubHub great in-between trades (I think Vz does similar).
2. Prop firm.
3. Get someone to finance you

I wouldn't try Gay4pay. Ted said it wasn't worth it.
 
How long have you been learning?

He's a thought.

I've probably spent as much time learning trading as I did getting my Accounting Degree. Getting a degree was easy, they spoon feed you the information. Learning to trade is difficult, you have to find the information/knowledge yourself.
 
Yes and i work on those and make another thread.
This is a separate problem. this specific one stops me from trading good setups when i run out of cash to trade i just sit there and watch them climb up and not able to trade those setups and not be able to enter them into my tradervue as my actual trades.
Faking a trade and pretending that i bought at this price and exited at this price is not same. I want to actually take trades since im woeking on that stupid self sabotage shit from my other post.
Papertrading and pretend trading dont activate same emotions and when i paper trade im a cowboy. But when i see a real money loss my strategy collapses. Thats why i trade small amounts with real money and im prepared to lose some trades
 
This is a separate problem. this specific one stops me from trading good setups when i run out of cash to trade i just sit there and watch them climb up and not able to trade those setups and not be able to enter them into my tradervue as my actual trades.


First of all, it’s always easy for amateurs to attribute their successes to their “skills” while attributing failures to bad luck (or lack of funds in your case). This Success/Failure Attribution bias is what keeps you (and other people) in the markets until they lose lots of money. You need to become introspective and be willing to take responsibility for your own results instead of blaming it on external factors.


Instead of seeking more funds so you can ‘overtrade’ (your negative expectancy) while continuing to reinforce your counterproductive habits, how about asking more empowering questions such as “How can I develop as a trader and improve my trading efficiency with my limited capital”?


I’ll repeat myself (not to annoy you, but because you need to hear it, and for the sake of your family) . . . you don’t seem to have the necessary patience, you seem to be somewhat addicted to the action (massive problem), you’re under financial stress, etc, and you need to work on your issues.


Honestly, you’re much better off demo trading for a while (say a year or so) while working on your edge and personal issues.

Anyway, good luck to you in whichever way you decide to proceed.


A man has to guard against many things, and most of all against himself - Jesse Livermore
 
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My current jub unfortunately does not pay enough to fund anything besides bills and basic expenses.
i want to focus all my mental power on learning how to trade so im minimizing distractions which includes opening my own business which would take up alot of my resources and at least 3-5 years to develop and become profitable or possibly fail.

What are other good ways i can fund my trading account.

i see a reasonable amount of traders create a youtube channel where they stream their progress and failures and lessons as a new trader. is that how they fund their accounts in the begining?

You can sign up on collective2 and be signal provider. They let demo trader to trade, so you don't need a real account. Average subscription per follower is like $200
 
You can sign up on collective2 and be signal provider. They let demo trader to trade, so you don't need a real account. Average subscription per follower is like $200

Yeah but I heard it takes at least 6 months to build a track record so that people will actually subscribe to your signals?
 
This is an option, however the online prop firms like Topstep and Apex aren't very suited if you don't have a strategy yet due to their rules, i doubt building a strategy around those rules isn't going to bring success in the long run. And even then, those kind of firms are hamster wheels, a beginner will like never succeed there with all the extra rules.

Real prop firms that provide education are probably going to ask him to be there full time without any pay for the first like 6 months at least, depending on your performance, with no guarantees for success either. Doesn't sounds like that would be working with his job to pay his bills.
Yes it's not easy, that's why I talked about the potential of considering this option. All things considered I think prop firms are the best no matter what.
 
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