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Do u need $$$ for trading?

vontogr (togr)
Jun 20 2013 at 06:26
4862 ieraksti
Where to get them?
1. Mortgage
2. Bank loan
3. Other than bank loan
4. Any other ideas?
5. Do you have profitable EA, do you use it as signal/pamm/social trading to generate profit?
FXRX
Jul 10 2013 at 17:10
70 ieraksti
I would suggest not trading money you cannot afford to lose.
You win some, you lose some.
Dr Ramin Rostami (Ramin_Rostami)
Jul 10 2013 at 20:26
253 ieraksti
profitable trader dont need big money.....but profitable need 10 year expriens and daily 10 hour work on demo and too many loss....this is market rule

like me HaHaHa😎
FXRX
Jul 10 2013 at 21:59
70 ieraksti
Looks like you have some fun backtests. What is the concept...if you don't mind sharing?
You win some, you lose some.
vontogr (togr)
Jul 11 2013 at 07:28
4862 ieraksti
FXRX posted:
I would suggest not trading money you cannot afford to lose.

This is about source of money for trading
vontogr (togr)
Jul 11 2013 at 07:29
4862 ieraksti
Ramin_Rostami posted:
profitable trader dont need big money.....but profitable need 10 year expriens and daily 10 hour work on demo and too many loss....this is market rule

like me HaHaHa😎

It depends if you have profitable long term strategy it would generate about 5% with not too high risk.
What is the base amount so 5% monthly is enough for living.
$100,000 ?
vontogr (togr)
Jul 11 2013 at 07:30
4862 ieraksti
FXRX posted:
Looks like you have some fun backtests. What is the concept...if you don't mind sharing?

I have some forward tests, each of them different.
Airmarkz Group (Airmarkz)
Jul 17 2013 at 19:24
33 ieraksti
Well you can get loan from bank to trade, i they give you low interest rates, that should do
Stabilility is our Ability
Alpha Dolcy
iceberg12
Aug 15 2013 at 12:19
150 ieraksti
depending on your system you could try compounding at certain time intervals........
vontogr (togr)
Aug 15 2013 at 12:24
4862 ieraksti
iceberg12 posted:
depending on your system you could try compounding at certain time intervals........

I am not sure what do you mean but the idea could be borrow money on CC, withdraw and pay it off before they charge you the interest. But it would require a lot of deposit and withdrawals
Alpha Dolcy
iceberg12
Aug 15 2013 at 12:32
150 ieraksti
i have tried that......but it is very intense

Cash withdrawal of $2500 USD from credit card at the start of billing cycle

Made deposit and trade $2500 USD and made profit of about 6% before the end of the billing cycle

Withdraw funds of $2500+$150=$2650

Paid back $2500 before they charged interest and left with gross profit $150 minus the transaction fees of $20 I had net profit of $130.....

Might not work for everyone especially if you have higher transaction fees...
vontogr (togr)
Aug 15 2013 at 13:38
4862 ieraksti
A lot of effort for small profit
and also high risk you will miss the due date (e.g. broker issue) and have to pay high interest...
Scott Bresee (sbresee)
Aug 16 2013 at 00:47
53 ieraksti
Some brokers run incentives, like they will give you $50, and after you have made 5 live trades, the money becomes yours. But I will give you my 2 cents, and tell you that you need at least $200 to start, just in case, which the market loves to throw at you!
Only take what the market will let you have, and Never accept a loss!
vontogr (togr)
Aug 19 2013 at 07:45
4862 ieraksti
sbresee posted:
Some brokers run incentives, like they will give you $50, and after you have made 5 live trades, the money becomes yours. But I will give you my 2 cents, and tell you that you need at least $200 to start, just in case, which the market loves to throw at you!

well I am not talking about playing around
I mean serious investment like $20,000 with profit sufficient for living which is for me around $3,000/month
Scott Bresee (sbresee)
Aug 19 2013 at 20:44
53 ieraksti
If this is your first time trading, Ha, Ha, Good Luck!!
Only take what the market will let you have, and Never accept a loss!
vontogr (togr)
Aug 21 2013 at 08:45
4862 ieraksti
sbresee posted:
If this is your first time trading, Ha, Ha, Good Luck!!

There is no need to be such asshole my friend.
I have real profitable accounts on this very web dated months ago...
Scott Bresee (sbresee)
Aug 21 2013 at 11:07
53 ieraksti
If you can pull 3000 on a 20,000 account, then you have a very nice trading strategy, personally I waited more like 75k, before I started pulling a salary! My goal was to only take out 1/4th of what I made for the month, so the account continues to grow stronger. Pulling 1k today, could mean a loss of 10k you would have made with it at the end of the year!
Only take what the market will let you have, and Never accept a loss!
vontogr (togr)
Aug 21 2013 at 11:13
4862 ieraksti
sbresee posted:
If you can pull 3000 on a 20,000 account, then you have a very nice trading strategy, personally I waited more like 75k, before I started pulling a salary! My goal was to only take out 1/4th of what I made for the month, so the account continues to grow stronger. Pulling 1k today, could mean a loss of 10k you would have made with it at the end of the year!

I can have stable profit of 8-10% monthly.
I am still thinking about what amount to leave on account and what amount to withdraw.
I would say withdraw 50% of profit and keep 50% on account.
Scott Bresee (sbresee)
Aug 21 2013 at 11:27
53 ieraksti
If you are getting that kind of return, and are confident about your trading, the thing to do and be secure down the road is not to touch any of it. If you need money, find a part time job!
Only take what the market will let you have, and Never accept a loss!
FX-Parity
Aug 21 2013 at 13:49
28 ieraksti
togr posted:
sbresee posted:
If you can pull 3000 on a 20,000 account, then you have a very nice trading strategy, personally I waited more like 75k, before I started pulling a salary! My goal was to only take out 1/4th of what I made for the month, so the account continues to grow stronger. Pulling 1k today, could mean a loss of 10k you would have made with it at the end of the year!

I can have stable profit of 8-10% monthly.
I am still thinking about what amount to leave on account and what amount to withdraw.
I would say withdraw 50% of profit and keep 50% on account.

I would fund the account as much as you can afford (less money in the bank for rainy days etc.) and raise capital from family and friends...

If you manage to sustain a sufficient track record whilst managing DD to return ratio, equity to margin ratio (big thing for private and serious investors), then you'll have some bigger interests as soon as 12-24 months.

For now, I would focus on not making a profit every month, but instead, start smaller ($20k ish), produce a 12 month return, go to friends and invite opportunity for them to invest. After 24 months you'll have serious weight behind you... All you'd need is 3-6% per month growth... 6% per month compounded is doubling your money every year (assuming you take no withdrawals)
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