Stock Trading Business
Starting a Day/swing trading business?
Does anyone know if there is a legal way to get 100k to fund a Stock trading business? i guess a bank wouldn’t do that.
I could try to open a fund. Any better ideas where to get it funded from?
Thanks
Mike
First, you’ll have to prove that you’re good. You don’t need money for that, you can prove it with paper trading, for example at:
http://www.marketocracy.com
Once you’ve done that, have your performance audited by an independent third party. It could look like this:
http://www.inside-alpha.com/support-files/ifsa_perf_summary_2003-2005.pdf
With this in hand, you can start looking for investors. There’s so much money around that it shouldn’t be too much of a problem if you’re good.
Let’s Make Money!
Good luck
Marc
Stock Trading and Investing Ideas for 6/5/07