Raising funds to trade - ideas 7 to 10

...continued from yesterday...

Borrow money. I recommend against this. Legendary supertrader Jesse Livermore, at one point in his career, felt disabled from trading due to his debts. Read more about it in chapter 16 of Reminiscences of a Stock Operator (Wiley Investment Classics)

If you decide to go against my recommendation and use borrowed money, you might try:

7. an unsecured line of credit from a bank,
8. a secured line of credit,
9. a mortgage on real estate that you own (it could be a second, third or fourth mortgage), or
10. draw on your credit card cash advance (strongly recommended against).

...cont'd tomorrow...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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