Hi all,
I have been trading profitably over the last 4 years, making 3-6% per month on average (40% p.a avg.). My account size is roughly $100k, consisting of 50% equity and 50% profits compounded all these years.
Would you take out a $100k loan on 6% annual effective rate to scale this account faster?
I am based in EU, where prop firms aren't really an option (high regulation, need to register a business, need to solely trade demo and earn commission, etc), so my only realistic path to scale is using the bank's money.
Would you do it?
Pls help me make a decision!
Thank you