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What would you do with a working strategy, but need capital?

  • #81
  • Mar 15, 2016 4:35am Mar 15, 2016 4:35am
Hi Sandmann,

I'm in the same boat as you are, i also have a working system (the numbers dont differ many from yours) and was wondering how i can jump start it by adding some more money from investors.
But after a while i realized that being independent is more important and better then dealing with the psychological pressure off having to answer to an investor.
So i slowly build my account, it takes time and much patience, but thats what trading is about and those are some off the emotions you need to take control off.
It is much easier to learn to have patience when you have a small account then when your account is big, so i see it as a great way to train myself for when i control a much bigger account later on.

I hope you do well and you take the decisions that are best for you!
Persistence will get it. Consistency will keep it.
  • #82
  • Mar 15, 2016 7:14am Mar 15, 2016 7:14am
Quoting The Fool
get a job, work and save some money to trade with
In the end you can loose money from job and trading. Money management is the main rule at Forex, it's not a gambling
  • #83
  • Mar 15, 2016 8:14am Mar 15, 2016 8:14am
Quoting Chake
Hi Sandmann, I'm in the same boat as you are, i also have a working system (the numbers dont differ many from yours) and was wondering how i can jump start it by adding some more money from investors. But after a while i realized that being independent is more important and better then dealing with the psychological pressure off having to answer to an investor. So i slowly build my account, it takes time and much patience, but thats what trading is about and those are some off the emotions you need to take control off. It is much easier to learn...

A lot of thinking was done in the last couple of weeks, and in the end I`m sticking to trading my own funds. Yearly bonus at my job is coming next month and I`m planning to divide the capital and use it on my systems that are consistent. We'll see how it goes... Patience is a virtue
  • #84
  • Mar 15, 2016 8:19am Mar 15, 2016 8:19am
Quoting AlexFF
{quote} Got it. I'd say in this case, I hope you have more patient than me. Because my greed often doesn't give me close in time.. Borrow money in the bank you don't want to? To increase deposit, if the strategy really works and then return. Low risk looking at your statistics.
Patience and greed are not an issue on my end. Moreover the chart I posted above is from my automated trading system. I don't want to borrow money from the bank as the interest is freaking high and it gives you that extra pressure to pay each month. If I'd borrow I would use a peer to peer site that borrows money as they have a much better interest rate. Anyway thanks for the comment and we'll see how it goes
  • #85
  • Edited 11:33pm Mar 15, 2016 11:21pm | Edited 11:33pm
Marry somebody rich or work your ass off to accumulate some capital. If you are a man, donate your sperm (I heard it pays well) or become a test object for those pharmaceutical companies (you can earn up to several thousand dollars per test project). These are the few sure ways to accumulate capital quickly or steadily besides trading in microlots to build up profits.

Good luck!
Make your losses in demo. Earn your profits live.
  • #86
  • Mar 16, 2016 12:29am Mar 16, 2016 12:29am
Quoting Sandmann
A lot of thinking was done in the last couple of weeks, and in the end I`m sticking to trading my own funds. Yearly bonus at my job is coming next month and I`m planning to divide the capital and use it on my systems that are consistent. We'll see how it goes... Patience is a virtue
I believe that you're taking the most sensible option, and I wish you much continued success with your trading.
  • #87
  • Mar 16, 2016 12:51am Mar 16, 2016 12:51am
You can join demo account contest using your ea. If your ea works well, you may win first prize which is normally $3000.

And you will be listed as best trader of the week on the broker site. Thousands of investors will be attracted to invest in your account and you can make hundreds of thousands daily then.
  • #88
  • Last Post: Mar 16, 2016 1:03am Mar 16, 2016 1:03am
Quoting GoldTrader88
You can join demo account contest using your ea. If your ea works well, you may win first prize which is normally $3000. And you will be listed as best trader of the week on the broker site. Thousands of investors will be attracted to invest in your account and you can make hundreds of thousands daily then.
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