{"id":4226,"date":"2020-10-13T07:34:52","date_gmt":"2020-10-12T23:34:52","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=4226"},"modified":"2020-10-13T08:00:26","modified_gmt":"2020-10-13T00:00:26","slug":"how-to-raise-trading-capital-with-or-without-a-source-of-income","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2020\/10\/how-to-raise-trading-capital-with-or-without-a-source-of-income\/","title":{"rendered":"How to Raise A Trading Capital With or Without a Source of Income"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">For most people, the moment they start learning strategies and demo trade here and there, they can\u2019t wait to put their money in their brokers ASAP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But another question arises\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cShould I trade with the extra money?\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI don\u2019t have any source of income, how should I get capital?\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cShould I go all-in with my savings to trade the stock markets?\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, in this guide, I\u2019ll be sharing with you different ways on how you can start (and grow) your trading business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It doesn\u2019t matter whether you are a student, an employee, or an already consistently profitable trader.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But first\u2026<\/span><\/p>\n<h3><b>Let\u2019s be clear<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If you want to start a trading business because you need to pay your lifestyle, or immediately want to replace your full-time job\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then I highly suggest you don\u2019t, as the worst time to start a business is through desperate times.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes, having a business can give you exceptional rewards, but it does not guarantee you a fixed income all the time, or even a return of investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Which is why trading is a business that should not be approached with an employee mindset.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But if you will approach this trading business in such a way that you\u2019re\u2026<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">going to build a personal and financial empire, instead of trying to survive<\/span><\/li>\n<li>acting from your vision instead of your fears<\/li>\n<li>ready to learn the skills needed (and to pay the price) to become an exceptional trader<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Then I can almost guarantee you that you will enjoy this amazing journey of a lifetime.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So let\u2019s start\u2026<\/span><\/p>\n<h2><b>#1: Your Most Supportive Investor\u00a0<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4227 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1.png\" alt=\"\" width=\"1000\" height=\"562\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1.png 1000w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1-300x169.png 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1-768x432.png 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1-770x433.png 770w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-1-610x343.png 610w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This may not sound like a grown-up move but they can be your #1 supporter and first investor even if you don\u2019t have any track record.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But you have to <\/span><span style=\"font-weight: 400;\">let them be aware that trading in the financial markets is not a get rich quick scheme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So never make promises or guaranteed returns to them.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Another thing that you should do is to show them that you are going to trade the markets <\/span><b>with a plan<\/b><span style=\"font-weight: 400;\"> and not just enter and exit randomly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your trading plan may constantly change as a newbie, but let them know that you are not starting with \u201clack\u201d as this is good for you and your &#8220;investor&#8221;<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Finally\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Make sure they won\u2019t sacrifice important payments or be in debt to give you capital.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because IF the worst happens, you don&#8217;t want your decision to trade the markets affect your whole family.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next\u2026<\/span><\/p>\n<h2><b>#2: Using Your Hard-Earned Cash Properly<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4228 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2.png\" alt=\"\" width=\"1000\" height=\"562\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2.png 1000w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2-300x169.png 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2-768x432.png 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2-770x433.png 770w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-2-610x343.png 610w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As an employee, it\u2019s easy to say that you should save money and invest extra funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But trading is not just a side hustle or a part-time job, it is a business that requires commitment and energy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So one thing you must do first is to\u2026<\/span><\/p>\n<ol>\n<li><b> Build a safety net<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">You must have a 3-6 month emergency fund in case something happens, and eliminate consumer debts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because the last thing you ever want to do is to trade because you need to pay the hospital bills or pay your debts as it puts your mind in an environment where you will be forced to perform and expect guarantees in the market.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Have a budget plan<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Always remember that a budget plan is goal-oriented.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">So there\u2019s no such thing as a fixed rule or percentage on managing your money, it is up to you!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But having it will always set your priorities straight, fulfilling responsibilities and personal goals at the same time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As an example, you can allocate your monthly income to the following<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 25% = Needs\/Expenses<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 25% = Wants\/Self-Investment<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 15% = Passive investing<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 35% = Trading capital<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Again, this is just an example.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So you want to ask yourself what you want and adjust the percentages accordingly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, I want you to know that what we are doing here is to put you in the <\/span><i><span style=\"font-weight: 400;\">right environment<\/span><\/i><span style=\"font-weight: 400;\"> to trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moving on&#8230;<\/span><\/p>\n<h2><b>#3: Taking Your Trading Into The Next Level<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4229 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3.png\" alt=\"\" width=\"1000\" height=\"562\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3.png 1000w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3-300x169.png 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3-768x432.png 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3-770x433.png 770w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-3-610x343.png 610w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">I highly suggest that you choose this step once you have found consistency in the markets, and not when you\u2019re just starting, but here are some sources you can consider\u2026<\/span><\/p>\n<p><b>1. FTMO (Paid):<\/b><a href=\"https:\/\/ftmo.com\/en\/welcome\/#objectives\"><span style=\"font-weight: 400;\">https:\/\/ftmo.com\/en\/welcome\/#objectives<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><span style=\"font-weight: 400;\">You must complete their challenge of profiting at least 1% and not lose more than 1% within 30 days<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">You can get funded up to $100,000 but this will depend on the challenge FEE you will pay<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are someone who trades the forex markets as a momentum or day trader, then this is for you, as the challenge and time required is quite short.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>2. PSYQUATION (Free):<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/psyquation.com\/\"><span style=\"font-weight: 400;\">https:\/\/psyquation.com\/<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><span style=\"font-weight: 400;\">To qualify, you must have a PQ score above 75 with a 6-month track record on their platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can receive funding up to 150,000 AUD and 20% of profit is yours, all you need to do is to use your trading capital and build a track record.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Again, if you are someone who trades the forex markets, then this is for you.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>3. FUNDSEEDER (Free):\u00a0<\/b><a href=\"https:\/\/fundseeder.com\/home\"><span style=\"font-weight: 400;\">https:\/\/fundseeder.com\/home<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><span style=\"font-weight: 400;\">It is a platform led by Jack Schwager, but conditions and funding amount is not disclosed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can also trade any financial markets in the world with their accredited brokers, so if you are someone who trades global markets, then this is for you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The reason why I mentioned that you should only choose this step if you\u2019ve already found consistency is because pursuing institutional funding or managing other people\u2019s money with an inconsistent and self-destructing trading habit is like pouring fuel over a fire.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So if you haven\u2019t found consistency within yourself yet, then the chances of you finding consistency with other\u2019s money are unlikely.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally\u2026<\/span><\/p>\n<h2><b>Bonus: Controlled \u201cTuition\u201d Fee <\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4230 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus.png\" alt=\"\" width=\"1000\" height=\"562\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus.png 1000w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus-300x169.png 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus-768x432.png 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus-770x433.png 770w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/Option-4-Bonus-610x343.png 610w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">If you want to start your trading journey with having &#8220;low risk&#8221; and &#8220;high reward,&#8221; then this method is for you.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Let me give you an example\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are dedicating a \u20b1100,000 trading capital to trade the markets, only put \u20b120,000 (20%) on your trading account as you start trading.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Once you gain consistency in the markets and not lose everything for the first 3 months (depending on trading style)&#8230;<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Place another 20% of your initial budget capital into live trading.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">If you mess things up early but only put 20% of your budget into live trading, then you have experienced a learning opportunity (the reward) at a low cost<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, if you managed to allocate 100% of your capital budget, then you\u2019ve reached the stage of consistency that\u2019s above the majority!<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Remember, confidence comes from competence and something you must prove to yourself gradually.<\/span><\/p>\n<h3><b>So\u2026Which Option Should You Pick?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Overall, every person is unique and has different circumstances.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, you can choose an option on how you can raise capital, and then improve on it, or tweak it in a way that\u2019s appropriate to your situation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With that said\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What are the other ways on how you can raise trading capital (legally)?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let me know in the comments below.<\/span><\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4070 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco.png\" alt=\"\" width=\"1358\" height=\"526\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco.png 1358w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco-300x116.png 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco-768x297.png 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco-1024x397.png 1024w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/09\/jet-toyco-610x236.png 610w\" sizes=\"auto, (max-width: 1358px) 100vw, 1358px\" \/><\/p>\n<h5><b>Contributor:<\/b><b>\u00a0<\/b>Jet Toyco<\/h5>\n<h5><b>Investagrams Username: <\/b>@Jet_Toyco<\/h5>\n<h5><b>About the Contributor:<\/b><\/h5>\n<p>Jet Toyco is a private executive trading coach and a systematic trading portfolio fund manager at TradingwithRayner.<\/p>\n<p>He is also a public helper of the trading community that is always open to questions anytime to give the knowledge people deserve at no cost, and no hype.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/www.investagrams.com\/Prime\/?ir=fzw34771\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4207 size-full\" src=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/investaPrimeElite_insiteAds_Intrusive-Ads-Upper-Half.jpg\" alt=\"\" width=\"960\" height=\"420\" srcset=\"https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/investaPrimeElite_insiteAds_Intrusive-Ads-Upper-Half.jpg 960w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/investaPrimeElite_insiteAds_Intrusive-Ads-Upper-Half-300x131.jpg 300w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/investaPrimeElite_insiteAds_Intrusive-Ads-Upper-Half-768x336.jpg 768w, https:\/\/dailymedia.investagrams.com\/investadaily\/2020\/10\/investaPrimeElite_insiteAds_Intrusive-Ads-Upper-Half-610x267.jpg 610w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-reaction-buttons\" ><\/div><div style=\"margin-top: 30px; margin-bottom: 50px;\" class=\"sharethis-inline-share-buttons\" ><\/div><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>For most people, the moment they start learning strategies and demo trade here and there, they can\u2019t wait to put their money in their brokers ASAP. But another question arises\u2026 \u201cShould I trade with the extra money?\u201d \u201cI don\u2019t have any source of income, how should I get capital?\u201d \u201cShould I go all-in with my [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4232,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[42,36],"tags":[54,62,46,55,128,45,48,58],"class_list":["post-4226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-3","category-how-to-advice","tag-beginner","tag-charting","tag-how-to","tag-investagrams","tag-philippine-stock-market","tag-stock-market","tag-stock-trading","tag-technical-analysis"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=4226"}],"version-history":[{"count":11,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4226\/revisions"}],"predecessor-version":[{"id":4242,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/4226\/revisions\/4242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/4232"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=4226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=4226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=4226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}