If you had $1000 to invest....
Re: If you had $1000 to invest....
Yes, amatuertrader I have a question.
Are you living here? Why jump in on this topic as your introduction ? Are you saying you use $1500 to day trade and only $1500? I
Oh, yes, welcome to this forum.
Are you living here? Why jump in on this topic as your introduction ? Are you saying you use $1500 to day trade and only $1500? I
Oh, yes, welcome to this forum.
Re: If you had $1000 to invest....
Are you kidding me?
$1000? or you meant $100,000?
$1000? or you meant $100,000?
Re: If you had $1000 to invest....
1,500$? Really? Even if you made 5% every day (highly unlikely) you’d have less than 70$ a day after fees.amatuertrader wrote: ↑Wed Jul 22, 2020 9:20 am Roz;
I have been an active stock market day trader with only $1500 most of this year.
It's great fun and I'm doing quite well.
If you are still interested I can tell you what I am doing.
I'm not an advisor, not a professional but I did work at the Boston stock exchange years ago and know a few things about the market.
I can tell what I am doing but you have to make your own decisions.
Any questions before boring everyone?
- phuketrichard
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Re: If you had $1000 to invest....
a friend of mine inherited about $150,000 and he put $100,000 away
and has been playing the market ( day trading) for over 3 years now with the rest
I've asked him how he does and he says
he breaks even, but enjoys doing it>>
Another does puts and calls and spends 8 hours/day and makes $20-25,000 a year on $100,000 buy in
averaging it out over 30 years
$1,000.... not worth the time
and has been playing the market ( day trading) for over 3 years now with the rest
I've asked him how he does and he says
he breaks even, but enjoys doing it>>
Another does puts and calls and spends 8 hours/day and makes $20-25,000 a year on $100,000 buy in
averaging it out over 30 years
$1,000.... not worth the time
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: If you had $1000 to invest....
If you started the year with $1500, and were doing quite well, you might have $2000 by now.amatuertrader wrote: ↑Wed Jul 22, 2020 9:20 am I have been an active stock market day trader with only $1500 most of this year.
It's great fun and I'm doing quite well.
## I thought I knew all the answers, but they changed all the questions. ##
- Phnom Poon
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Re: If you had $1000 to invest....
if you only have 1500, you use it as margin
it's gambling; a couple of bad trades would wipe you out
but running good ones can return many multiples of your stake
it's gambling; a couple of bad trades would wipe you out
but running good ones can return many multiples of your stake
.
monstra mihi bona!
Re: If you had $1000 to invest....
That's true. Take out a margin loan. Wait until you are very confident in what you are buying, then buy in. When you get to $5000, get rid of the margin loan, and trade the less risky way. Know you could very easily lose it all with the margin loan.Phnom Poon wrote: ↑Wed Jul 22, 2020 6:51 pm if you only have 1500, you use it as margin
it's gambling; a couple of bad trades would wipe you out
but running good ones can return many multiples of your stake
## I thought I knew all the answers, but they changed all the questions. ##
- Bitte_Kein_Lexus
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Re: If you had $1000 to invest....
You could lose everything with or without the margin...
Ex Bitteeinbit/LexusSchmexus
- Phnom Poon
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Re: If you had $1000 to invest....
margin speeds it up
time is money, right?
i think i recommended gold when it was much cheaper
it's right now attacking the previous high
if it doesn't break this time, it will soon
shame about your savings
time is money, right?
i think i recommended gold when it was much cheaper
it's right now attacking the previous high
if it doesn't break this time, it will soon
shame about your savings
.
monstra mihi bona!
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