Re: How do you intend to get liquidity quicker this year.
Anyway, that's not why I'm here. Since it's the new year, how would you approach the market to access liquidity? Would you go for prop firms, trading competitions, vouchers, or strictly focus on building your capital to a decent amount?
Last year, I tried building up from a $200 capital. I managed to grow it to $2,000 in about five months trading SMC with specific alts. But I must admit, the discipline required was top-notch. Not sure if I could pull that off again! 😅 I might explore prop firms or competitions this time around. What about you?
In trading, before you can archive that success you want, it takes a lot of discipline, else you are just going to blow up your account. I have heard of prop firm account and it's advantage but yet I prefer to build my own small capital.
@OP, you said you were able to grow your $200 to $2k last year, and if you were able to archive that, if you enforce such self discipline this year and start with that $2k that you already got, you can get a more significant amount before this year will come to an end. Just stick with your strategy and discipline.
Last year, despite all the challenges I had, being liquidated and starting all over again, yet I was still able to raise a small capital to a very high amount.
Spent most of it already buying spot. Do you know I disciplined I was to achieve that mate? It was draining, thought I'll go for something else this time, cos I can't trade daily any more.. congratulations on your achievement mate. So what's your trading plan for the year?
it's almost like self torture 
limiting ourselves from overtrade, managing risk, and only going big when price already dipped so much, yeah it was hell, but the gain was massive aswell.
I don't think I have the patience and skills to do something like that. Not to mention losing $100 is too much for my profile. Well hopefully things change this year and I can spend more capital for trading. My plan is to get more jobs so I can allocate more income for investment, the problem is that getting another job is as difficult as doing trading challenge for me. At the end of the day there's no gain without risk, so whether I want to or not I'd have to improve my skills sooner or later. limiting ourselves from overtrade, managing risk, and only going big when price already dipped so much, yeah it was hell, but the gain was massive aswell.Happy New Year, everyone.
The market reacted positively to liquidity flowing in. BTC closed the month well, and the current price is around 96,830. I've just opened a swing long order on SUI, GRASS, and SOL. If the market conditions allow, I might hold these positions for a while.
Anyway, that's not why I'm here. Since it's the new year, how would you approach the market to access liquidity? Would you go for prop firms, trading competitions, vouchers, or strictly focus on building your capital to a decent amount?
Last year, I tried building up from a $200 capital. I managed to grow it to $2,000 in about five months trading SMC with specific alts. But I must admit, the discipline required was top-notch. Not sure if I could pull that off again! 😅 I might explore prop firms or competitions this time around. What about you?
I understand the struggle to get capital and building from $200 like you did earlier will require massive discipline. I think it is easy to leverage competitions as most of you can earn while participating, unlike prop firms where you have to pass the requirement first. To suggest a competition, you can try out this January's trading competition. directions hereThe market reacted positively to liquidity flowing in. BTC closed the month well, and the current price is around 96,830. I've just opened a swing long order on SUI, GRASS, and SOL. If the market conditions allow, I might hold these positions for a while.
Anyway, that's not why I'm here. Since it's the new year, how would you approach the market to access liquidity? Would you go for prop firms, trading competitions, vouchers, or strictly focus on building your capital to a decent amount?
Last year, I tried building up from a $200 capital. I managed to grow it to $2,000 in about five months trading SMC with specific alts. But I must admit, the discipline required was top-notch. Not sure if I could pull that off again! 😅 I might explore prop firms or competitions this time around. What about you?