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Why not trade your own money?
Membro Desde Jan 14, 2010
2279 posts
Nov 04, 2010 at 20:08
Membro Desde Jan 14, 2010
2279 posts
I think that it must be made clear from the start that when account is in profit, fee is payable every last date of the month. If no pay, no trading. I think if trader makes money, it would be stupid for account owner not to pay.
Membro Desde Nov 09, 2010
60 posts
Jun 18, 2020 at 00:12
Membro Desde Apr 01, 2020
227 posts
I think we can trade for others with their money and can share profit and loss equally but also we should involve our own money to give it reality and when our own money will be involved our mind will fully involved in our trading patteren and we will try to make profit with every trade.
Membro Desde Jun 19, 2020
2 posts
Membro Desde Mar 31, 2018
28 posts
Jun 28, 2020 at 15:25
Membro Desde Mar 31, 2018
28 posts
You would obviously need to trade your own Real account, prove you yourself you can be consistent, even when the market condition changes, even through the turmoil. You would need to have skin the game to keep you in check...
Once you can prove this to yourself, you can trade other people's money to MAXIMISE your gains... The problem with retail traders is that we are undercapitalized, so we take to many risks in order to compensate for our account size(Which leads to blowing your Acc).
Once you master trading, you can manage anyone account obviously using appropriate risk management in place, these gains $$$$ wise is rewarding..... consistency is the key.....No point making 10,000K this month and losing 50k next month!!
There's an Ethiopian proverb:
"Slowly by slowly the egg walks"
Meaning you need walk, before you can run, and you need to learn how run before you sprint
Membro Desde Jul 20, 2020
278 posts
Membro Desde Sep 07, 2020
70 posts
Membro Desde Jul 17, 2020
29 posts
Membro Desde Jul 20, 2020
286 posts
Oct 21, 2020 at 01:33
Membro Desde Jul 20, 2020
286 posts
Emotions are a very important part of trading. Many traders cannot invest more money they feel comfortable trading with other people's money. It is possible to get quick success if the investment is high. So many people do not trade in their own money but the money of others.
Membro Desde Aug 17, 2020
121 posts
Membro Desde Oct 05, 2020
21 posts
Nov 05, 2020 at 06:59
Membro Desde Oct 05, 2020
21 posts
There is a lot of difference between trading for yourself and for others. We are more focused when we trade our own money because we know the importance of it. There is also an emotional or sentimental value attached to our own money.
Membro Desde Jul 20, 2020
278 posts
Membro Desde Jul 19, 2020
283 posts
Membro Desde Dec 14, 2020
16 posts

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