Where did you get your startup capital?

Saved 50% of my paycheck for 2.5 years while working in the IT field. I must admit that my mom contributed about 1/3 of my stake. She gets a good cut of the profits (or losses) and can take back her money whenever she wants (its not a loan). Got to love Mom.
 
You are not the first to get a portion of your stake from a parent. Many of the young prop traders get their start that way. I know 3 personally who have, and one of them is the number one guy in his well-known outfit.

As long as it was legally acquired, it doesn't matter where you got it. It just matters what you do with it. Now quit reading this board and look at some more charts! :)
 
Quote from simstim:

um $2000 is a bit high,
That's why I had $1000 there at first, but then I thought, if all you do is swipe floors or stand behind the counter, you might as well work 80 hours a week. That's how I arrived at $2000 per month. I just wanted to give an example of what you could do if you were motivated and disciplined.

Speaking of which, just for the record: Myself, I have the greatest problem with almost any kind of discipline: I know I should get up every morning at 5 and excercise for an hour, I should swim for an hour or two every afternoon, I should not eat anything that contains sugar, and it would not hurt to keep my place tidy. In reality, however, I spend approximately 23 hours and 50 minutes per day on a bed or chair, I am too lazy to eat anything but fast food or candy, and I only remove the litter from all over the floor every couple of years.

I also lack discipline when trading: Back when I used to have stops, I ignored maybe one or two of them per week, usually with disastrous consequences.
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Quote from Lobster:


Speaking of which, just for the record: Myself, I have the greatest problem with almost any kind of discipline: I know I should get up every morning at 5 and excercise for an hour, I should swim for an hour or two every afternoon, I should not eat anything that contains sugar, and it would not hurt to keep my place tidy. In reality, however, I spend approximately 23 hours and 50 minutes per day on a bed or chair, I am too lazy to eat anything but fast food or candy, and I only remove the litter from all over the floor every couple of years.

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that is hilarious ! :D :D
 
This is just a question and an observation of sorts. Some businesses are sometimes funded by credit card loans. Has anyone started trading this way and succeeded in paying back the loans and making a living as a trader at the same time?
 
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