Funding ideas needed for well performing trader

Warm greetings traders.-

I have been trading my small account since Feb 1st 2017. These days I am three weeks shy of one full year of trading.

My return is on track to hit 12% for the year according to my FF trade explorer. MyFxBook says I am doing even better at about 16% already and my fundseeder dashboard (which only goes back to July 2017) tells me that I am more than 50% up for the time between July’17 and today. (Please note, currently open positions may skew those numbers a little bit.)

I don’t know how a lot of these places calculate their numbers but they all agree that I am doing well.

My maximum draw down on the books as well as my maximum floating draw-down is under 5% on all three platforms from the time I started the current strategy on Feb 1st 2017.

I am also working a very demanding full-time job as a Sr Linux Engineer caring for production systems at a large corporation which takes up a lot of my time and is always trying to monopolize whatever little time I have left to myself. All the trading performance under my belt for this past 11 months has been while working this job.

I would love to trade my way into the sun-set but with an account the size of mine that might take another lifetime which I don’t have.

What are the options for someone like me as far as funding is concerned?

I always hear that one must have at least one year’s worth of consistently profitable live performance before anyone will take a chance on you.

Well, here I am; eleven months in and well over 850 live trades later. What’s the next step?

I’ve heard of the prop-trading firms but those sound like a scam more than anything. Although I have no experience with them.

What other funding options are out there?

Thank you for your time.

Find yourself an investor that understands what your doing. Needs to have some knowledge about trading...& the risk involved.
Agree on a funding level that you need & he/she can afford & proceed forward. This has worked well for me in years past. My
own money is in use now. These are just my views & nothing more. Do not consider this as advice. Best wishes to you in the
future.

____________________________________

You confessed that you are working full-time. Will it not be difficult for you to trade other people's money? There's enough pressure already trading your own fund, which you believe is small. Greater fund is likely to put more emotional and mental pressure, call it stress, on you. Just my opinion.

KP

I believe you need to deside which you want to do. Trade for a living or keep your day job. No one will fund you or take the risk if they find out you trading part time.

You need to be a shameless self promoter, many of that ilk can raise six figure sums without any concrete proof of results.

If you are trading a mini account, I wouldn't trust the results as a potential investor.

Agree on this, you need to be trading a five figure account at least, or have a much longer track record on a smaller account. I'd check with profitfarmer on this, I've read some of his posts and believe he's locked down some prop funds. Cubbybgood had some company that let him trade their funds, but it wasn't a good deal, in short you put in 20%, they put in 80%, but all the losses are cut from your portion, so in the end it was just like overleveraged trading of your own capital.

Thank you all for your thoughts.

I'd love to stop working and trade full-time. However, I have responsibilities. So, until my trading profits can support those responsibilities, I'm keeping the job.

That said, if the right sized investment arrangement were to come about, I would have no problem focusing on trading full time. After all, that IS the goal.

There is no stress in the way that I trade. Well, of course there is but it is minimal. My position size to equity ratio is very comfortable. Also, my account is with Oanda. They don't have mini-accounts. Its all just one account and you get much more control over your position size than any other broker but I digress.

In any case. I will keep trading. Let's see what tomorrow brings.-

Thanks again traders!

There is a broker in which you can show your live account results and people can invest as trade copying from your account, you set a % comission from the profit they obtain. The broker is instagram/ The Traders Domain

Hi all, today I just registered to this forum, lurking over it for many months, and i want to ask, how or how long it takes (posts,time?} to be able to send a pm to a member, i want to send some "material" to platanero but i can't at this moment.

Ill be active, posting? in the future.

Thank You

Try https://psyquation.com/#!/

Also, watch out for "funding" opportunities that charge you money to trade for them! Once you pass funder criteria, the profit split should be enough for both parties.
And a REAL funder will spell out your limits and keep regular tabs with you, even if you are doing well.

Long track record , & very smooth grape .
good job keep it up.

With small account you should definitely check out Darwinex.

Yeah, that'd be my advice too. Or a similar service. There are a few of them. Basically their software grades your track record and if profitable and low risk, they will give you money to invest and give you a percentage of the profit.

@Fxmd - Thank you! I will look into them!

@MasterElf1 - Thanks for the lead! I singed up with them. If anything they have pretty charts!

@renko4x & @MrBumpFx - Thank you both. I didn't know about Darwinex. In fact didn't know about any of the sites folks are posting so Thank You all!!!

I am sure other traders in similar situations will also find this information useful.

@Noor16 - Thank you very much! I hope someday my acct looks just half as good as yours does!!

Please keep sharing resources and ideas!

Get in contact with ProfitFarmer, he's been down that road and has some great advice

Darwinex doesn't accept US clients.

However, a few months ago I chatted with one of their representatives and he said that they were in the process of partnering up with another broker to open up the doors to US clients.

A shortcut to financial resources is not a shortcut to better abilities. I am not judging your performance as I do not know you and how you trade, but its not possible to start making huge money overnight. 1 year success is a good start, just take it slow, build your performance, build your wealth at your own pace. I find this tendency here on FF, people that have made a profitable streak, perhaps few months or a year, they decide to seek for financing. But you are not supporting yourself from trading and not making that much for a reason, the reason is that you have room to grow. And thats not bad. For a serious investor, the fact that you have not blown an account in 12 months and managed to get 5-10-20% of the market, it doesnt mean anything, I hope you do not expect someone is going to offer you 5 mil usd to trade, because you have shown an FF explorer. Darwinex etc. are not good options for a professional trader based on my understanding. But everyone decides for himself. You sound calm and balanced, just do not get in a hurry. Its a marathon. Good luck with it

Yes, I got a little bit impatient. Work was getting to me and I wanted to see if there was any way to hasten the arrival of a time when I can trade for a living.
I will keep doing what I do and see what happens.

Thanks again everyone.-

He actually reached out to me and provided sound advise. Great guy!

Thanks for the lead!