What a good way to raise cash for stocks trading?
I have been trading for 10 years but recently had to build my house, get married etc so I have 0 in my trading accounts.
I used to trade leverage but the thought of cash stock trading is so relaxing. But this requires at least 10k usd to get rolling
Any thoughts? Bank loan is currently out of question unfortunately
Trade prop firms…I recommend you futures trading (Trading Nasdaq,S&P,Gold etc)…This way you can raise money to trade your own account
please let me know if this has been answered, is there any benefit to stacking RICH and RICH Trader?
+1 I was thinking about this because of this feature:
Also getting some shinny object syndrome with the new RICH. Wont be using it any time soon but it would have alot of use for me.
Agreed on this. Once you’ve passed a couple of payouts you’re good to trade with your own account. If you want to milk it a bit, you can trade on multiple accounts at once at milk multiple payouts at the same time. Just check the rules before you do and only use trusted prop firms
Edit:
You can use this website to see must trusted prop firms their rules etc.
https://propfirmmatch.com/
Hey, everyone!
It’s understandable that you all would want to talk shop regarding trading. How about opening a thread to do so?
Let’s keep this thread focused on the upgrade, and the results you’re getting from it.
That is awesome to hear.
@Philemon out of curiosity, when you say LB are your referring to the free one or the purchased one? I was looking at LB (the one you purchase) in my C&C + RT stack (in a few months from now as I’m working on other things) but I was going to start with C&C + RT + Raikov for a round or two and then take out Raikov and stick in LB or maybe something else.
The free one is LBfH. Love Bomb for Humanity.
The one you pay for LB. Love Bomb
And Lovebomb is a fantastic title for life.
Thank you for clarifying that. I get them mixed up but you made it easy to remember.
Yep as Parsifal says, LB the payed one.
Have it in my stack because it is something I identified I need to work on. Also for me personally it synergises well with RICH Trader because the detachment from outcome and self love are areas of my trading psychology I struggle with.
Although I do plan eventually to switch it out with RAIKOV to do the same stack as you. Even thinking of a RT + C&C + RAIKVO custom.
That’s a great idea, RVC. So here it is! 
Alright, during this whole weekend I was thinking about trading.
Bought some earplug since the morning alarm of my wife wakes me up too early every day, it gives me this low grade sleep deprivation. Now I should be able to wake up naturally once I’ll get used to wear earplug.
I’ve been thinking about needing to clarify some things about my strategy. I made a document last summer when I started to make some money, noting in big strokes what my strategy was. I might need to revisit the document or make a new one, I’ll see, but for now I need to understand a bit more how the market moves.
Same for me. Ive been thinking about trading and wealth non stop since I did my first loop of RT.
I was quite disappointed at first about not playing 3 tittles on the same day but now I understand why its the new recommendation.
Listened to 3 minutes this morning, and I get this sadness in me.
Winning mindset, what is success in trading? Is it about money?
I make 50% profits, lose it. I make 30% profit, lose it again. I make 100%! Lose it again. How is that? There is no end to it. When do I achieve success? Is financial freedom when I win?
No. And this is where the sadness comes from. I’m attached to winning, to making a profit, looking to figure out indicators of success, of when I’ll be able to quit my job, make my wife quit her job, etc.
But if I can make 100% of my account in cash, and lose it all over the course of three months, what does it mean? Is making 100% a good measure of success? Absolutely not, because nothing changed in my life.
3 years and a half, nothing to show for in external value. Only skills and experience. I could definitly had done more, under different circumstances and making different decisions.
Anyway, processing all of this this morning makes me sad. But I have to go through this to realise that sucess in trading comes from habit and what you do on a regular basis rather than the result in your bank account.
It seems like there might be a positive way you can re-frame this in your mind though (and I’d imagine RICH Trader will steer your subconscious in that direction sooner or later).
I mean you have made great profits, not just as a one-off or ‘getting lucky’ but on several occasions, or even a regular basis. These are results traders would love to have I guess.
You’ve been losing the money each time, but if you can dig into that, review your trades (or trading journal if you have one) and look at the patterns/moods/life conditions that consistently led to both your successes and losses, then I do believe you should be able to find a way to start reducing or eliminating the losses, leaving you with a pattern of (mostly) good wins 
And, based on the product copy, I see every reason to believe that RICH Trader will help you to do exactly that
@GoldenTiger I’m curious what you do for risk management? What are all the ways, excluding percentage per trade, that you protect your capital? Or do you get overconfident and forget about risk management after a good earn and lose it that way?
I take 0.25-0.5% per trade, but lose a lot of trades. When I get in bad losing streak, I can get to 50 trades losing streak.
For example, trying 3-5 entries on a trade idea. The trade doesn’t Work. After 3-5 loss, during a phase where my mindset is not so good I usually say it’s enough, sometime to see price go through my ideas or sometime reverse and I would have been right if I had continued to enter.
Sometime just go through my demand or supply zone and I have 5 losses in a row… Sometime I try to enter and I don’t get tagged by 1-2 pip before price reverse while I never got tagged. So I can’t make up my losses.
Sometime I just draw a couple of supply and demand zones in a row that don’t get respected.
Usually I transition from good months (10+% per months) to bad month because I get in an overconfidence phase because I’m making very good % and I start deviating a bit from my strat. Taking setup or trades idea at lower probability, etc. Which eventually lowers my confidence and all.
I guess in terms of risk management, I don’t have straigth rules for losing, I don’t stop trading until the idea is dead.
Yes, I’m super stoked. When I do few months in a row where I make %, it’s because I’m patient and taking good setups that looks good in a macro context. Trading extremes supply zones or liquidity run.
When I try to enter in the middle of nowhere that’s when I lose capital.
I still need to refine exactly what I do-did, I’ll re-read my journal and my strategy documents I’ve written to figure out in my notes Do This or Don’t do this!
Seems like you’re placing too many trades. Perhaps limiting yourself to 1 trade a day, one shot, one kill type scenario would help you. Then you de-risk while simultaneously learning to only take an A* set up. You begin to be picky, like choosing the right woman for a relationship haha, don’t you think?
Also, how many signals of confirmation do you take before entering?