Quote from: LogitechMouse on January 05, 2025, 09:14:01 PM

Quote from: Phoenixtrader on January 03, 2025, 12:45:09 PM

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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?

At my current state, it's a bit hard to find some money to use for trading.

Last year, I used the rewards that I got from airdrops to trade, and maybe that will be one of my options this year as well. I also thought of using the rewards that I'm getting on participating those prediction contests on "Games and Rounds" board, and a portion of my rewards in my current signature campaign just to increase my liquidity.

Making your initial capital to x10 isn't the easiest thing to do. I mean doubling your capital is hard already especially if you don't have enough skills. I guess my goal for this year is just to have a consistent profit on a monthly basis. As for prop firm that you said, wouldn't it a bit risky especially you're using other people's money to do it?

Using airdrops and rewards is a solid way to get started, I’ll that a smart move. I’m with you on the x10 goal; it’s tough out here. Consistent monthly profit is definitely the way to go.

If you’re looking to boost liquidity, maybe try out trading competitions? There’s a January one with a $10,000 prize pool I saw on BG , I’ll be trying it out as well as I see it as a chance to test my skills without heavy risk.

Ikem22

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