Trade small account with small drawdowns to find investors

  • Thread starter Thread starter lukas
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I urge my children to reconsider all their contacts every year at this time and even tell them to sever contact with me if they think I am not good for them.
:D

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haha wasn't trying to put him on blast, but it's the same ol' song on every thread with this dude... blah blah blah waste of time blah blah blah.

After going through the info put out on this thread, just shaking my head...


I was. @dozu888 is flat-ass broke.
 
Not at all. My father stole money from me at my wedding. The fucker actually helped my ex-wife when I was getting divorced. He pretended like it was nothing wrong, but his actions directly have probably cost me in excess of $50K just relating to this marriage.

Realizing I didn't have a father, but ... something else, was liberating. I don't really respect or treat him as a father. Just an acquaintance. Won't go out of my way for him that's for sure.

Yes, sever contacts with people who bring you down. I urge my children to reconsider all their contacts every year at this time and even tell them to sever contact with me if they think I am not good for them. Stay away from those who bring you down. Period. Move. Do whatever you need to do.

But in the end your outcomes are your own. Face and own them.

Sociopaths are a small percentage of the population but they do exist. I have a very close family member that exhibits a severe case of being a sociopath who I've cut all ties with and I don't plan to reconcile. There's no cure for it.
 
I will tell you what hurts more than losing money - lack of family support. Moreover, obstacles created by those you thought should support you, who have no idea that it is just a business like any other and who treat you like a drug addict. Well, it seems severing contacts with your family is yet another price to pay to pursue this career. Sorry for a little psychoanalytic sidenote...

I've experienced it more in the professional (engineering) world than with family. Basically you're seen as a degenerate gambler if you believe you can be a full time trader with no day job, but if you are holding a normal job they see it as like going to Vegas - just a normal expression of our need to take risk.

If you're winning it doesn't exactly make it right in their minds unless you can articulate how you are helping The Market or the economy itself. I tell all the engineers I'm like a shock absorber on the price movements so people can get in and hedge / invest without dealing with slippage. Since they (should) understand the principal of mass damped spring systems, sometimes I tell them I work against the resonant function while amplifying the forcing function, which is what all control systems do on robots, elevators, autopilots, etc.

If you're starting a firm it's helpful to connect with your particular clientele with their own language, but like was said before, that's a lot of phone calls!
 
I know that Phillip Capital offers the same leader-follower service. My concern is that they have not as many potential customers/client funds as RJO, hence it might be more difficult to find the followers. Which FCM would be better?
 
2. If you work in some country of opportunities - just get good job and save some money, increase your trading time horizons and do both. You will be secure and you will step after step realize your dream. People in countries like USA and Canada don't even realize in what fantastic situations they are. You can earn good money and SAVE some to make investments with decent money.
He is too young to understand how lucky he is and too impatient to do the sure thing.
 
haha wasn't trying to put him on blast, but it's the same ol' song on every thread with this dude... blah blah blah waste of time blah blah blah.

After going through the info put out on this thread, just shaking my head...
What @dozu888 said makes a lot of sense. For me it doesn't matter how rich he is or where he lives or where he came from.
 
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