FORUMS BROKERS SOFTWARE
Home
 
    Forums > Trading for a Living > Trade Management > Best way to invest $1300?


Reply
 
Thread Tools
Old Apr 26th, 2012, 03:06 PM   #13
doctorbonez
 
 
Join Date: Aug 2011
Location: United States
Posts: 11
Quote:
Quote from nkhoi:

buy FB IPO call me when you make a million.
If I were to speculate with FB, it would be to short the hell out of it
    Quote
Old Apr 26th, 2012, 03:07 PM   #14
Crispy
 
 
Join Date: Jul 2009
Posts: 830
PPR - ING prime rate fund trading 5.63 gets you 230 shares.


Great dividend name....see below. It has years of the same performance.

Apr 5, 2012 0.033 Dividend
Mar 8, 2012 0.03 Dividend
Feb 8, 2012 0.03 Dividend
Dec 28, 2011 0.029 Dividend
Dec 8, 2011 0.028 Dividend
Nov 8, 2011 0.028 Dividend
Oct 5, 2011 0.026 Dividend
Sep 8, 2011 0.026 Dividend
Aug 8, 2011 0.026 Dividend
Jul 7, 2011 0.025 Dividend
Jun 8, 2011 0.026 Dividend
May 6, 2011 0.025 Dividend
Apr 7, 2011 0.026 Dividend
    Quote
Old Apr 26th, 2012, 03:21 PM   #15
nkhoi
Moderator
 
Join Date: Aug 1999
Location: VA
Posts: 8,903
Quote:
Quote from doctorbonez:

If I were to speculate with FB, it would be to short the hell out of it
in case you didn't know you can't short IPO.
    Quote
Old Apr 26th, 2012, 03:29 PM   #16
atticus
 
 
Join Date: Mar 2007
Location: USA
Posts: 12,879
Quote:
Quote from riskbiscuit:

It depends on which contracts he's trading in futures. All day trading margins vary for all markets. But also, most brokers and or clearing firms require more than just $1300 for initial capital to open an account. Also this is a SEP IRA so he'd have to find a custodian who would allow him to trade futures on those funds because most custodians don't. And when he does find an IRA company who would let him trade futures on those funds, that IRA company would eat at the capital with all their fees. Not worth it.
No custodian is going to allow then to trade futures with <$2,000.
    Quote
Old Apr 26th, 2012, 03:46 PM   #17
doctorbonez
 
 
Join Date: Aug 2011
Location: United States
Posts: 11
Quote:
Quote from nkhoi:

in case you didn't know you can't short IPO.
i was being facetious, doubt you could short from an IRA account also.

ill probably end up with a couple of shares of some ETF or equity to broaden my portfolio..

thanks for everyones thoughts.
    Quote
Old Apr 26th, 2012, 04:32 PM   #18
nkhoi
Moderator
 
Join Date: Aug 1999
Location: VA
Posts: 8,903
Quote:
Quote from doctorbonez:

i was being facetious, doubt you could short from an IRA account also.

ill probably end up with a couple of shares of some ETF or equity to broaden my portfolio..

thanks for everyones thoughts.
I was serious, I was in IRA, I asked for suggestion and no I didn't buy 1K of GOOG IPO.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
Alpha 7 Trading Academy
Proprietary Trading Education
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider