risk capital building

Hello, i'm looking for ideas to quickly build a trade capital. Would appreciate your personal experiences on this, what worked ,what didn't. I know you can start with a small amount of money these days but i'm curious to know if its possible and get a head start by skipping mini accounts..... as always thank you

i always use a micro account. even if you have 10k, you can still use 2.11 lots or something. It gives you better granularity and better risk management.

say you have a 10k standard account and risk 5% each trade with margin of 100:1. you could make 47 bad trade before you were wiped out.

mini account would be 94 trades
and micro would be 141 trades

basically with 10k standard you have 1000 pips to loose (you would be surprised how fast they go) but with a mini you have 10,000 and a micro you have 100,000.

Try casino bonus hunting(google for "bonus hunting" if you wish to know more). That was my way of building starting capital.

but remember, lower the risk, lower is the return. I'm working a second job, and using all that money to trade.

Raistin, I did a quick search on google and trying to understand what it is about. I'm not sure how casino bonus hunting has lesser risks then trading a mini/micro account and building that up? thnx, Ed

Work on an oil rig.

Guaranteed money, you'll get in shape [if you work on a land based service rig that is - everything is steel and f%&king heavy and you move it under your own strength], you'll work tons of hours but the upside is you won't have time to spend your money so it's easier to save, you get paid to ride in a truck to and from work, full benefits.... downside: 60-80 hours a week, you work 7 days a week, can be dangerous [h2s gas, heavy suspended objects etc], the guys you work with may not be the nicest, in the summer its damn hot, in the winter its DAMN cold... There are a few more +'s and -'s but you get the idea.

In 6 months you can take home $30,000 [thats right - take home - that's after taxes]. The rigs have taken a lot away from me, but they've given a lot back. Something to think about if you're a Canadian, Alberta is screaming for rig hands.

Means to an end.