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I have traded on margin so yes I have done it.
I have borrowed via line of credit to invest but not to trade.
You can consider borrowing a business loan but who is going to lend you the money?
A bank or knowledgeable investor will require a business plan, a track record and some kind of security.
Are you willing to put friends and family at risk? How and when do you pay them back?
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
Trading is 100% a business.
Here is a business deal I’m willing to offer you right now....
I will send you my login credentials to a Portfolio Margin trading account of mine for you to trade. But first I require you to send me your trading account balance.
For the sake of argument let’s say it’s between $5k-10k.
I add these funds to my account. The same account you now have my login credentials for.
You are free to trade said account as you see fit. Up until the trading losses equal the deposit made from your funds. Or your initial funds are doubled. If either of these occurs the relationship is terminated.
You keep all profits less any and all fees, commissions.... or any similar verbiage used.
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
I know an extremely successful trader that has made millions and millions of dollars with over a 20 year trading career etc. That has had stretch’s of breakeven trading for 4 months or longer.
What time period are you talking about with regard to your trading?
A system or trading method with a solid edge can trade at breakeven for an extended amount of time with nothing wrong. It’s all just how the cookies crumbles. In other words it’s how probabilities play out.
It is my view that many non-pro traders have a skewed or distorted concept related to this industry and what constitutes good trading.
As good as some of these funding sources are, in my view, they help perpetuate a false reality of what good trading looks like with rules too constrictive around drawdowns.
I realize what I have said here might not be very popular.
Hello, and welcome to my trading journal. I hope to post frequently here, and for it to become a place of informative and entertaining discussion that helps us all to become better traders.
About myself:
My passion for markets started young. …
Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
the same deal that @Blash has offered without the upside termination element.
The idea that someone would even consider borrowing trading capital reveals some grave lapses in understanding or in judgement. Please do not even consider it.