I get stuff like this all the time:
Need to borrow 10K for a S&P mini futures trading account with Mirus Futures with a 60/40 commish split. Sighned with a contract by a jewish lawyer. Let me know….
My answer to all you degenerates is HELL NO! Especially to anyone who wants to trade in huuuuge markets where they are competing against the best and the brightest, especially remembering that 90% of traders lose!
I don’t recommend trading on borrowed money nor will I ever loan $ for trading. You guys shouldn’t want to be “trading for a living”, you should learn to simple profit from outstanding trade setups which occur every now and then.
Meaning I believe everyone should have a small brokerage account that stays fully liquid the vast majority of time jut waiting to strike at when opportunities present themselves.
OBviously, the vast majority of people will never do this because it goes against their greed-want-money-now-let’s-use-leverage-trader-beliefs and their long-term investing beliefs, but this strategy is what’s worked best for me so I won’t advocate anything else.
And to those of you asking for money, go mow some lawns, that’s good solid work, much better/more useful than trading.
Tags: Q&A
