$286 left

Discussion in 'Journals' started by hurricane_sh, Apr 15, 2020.

  1. zghorner

    zghorner

    You can come back, just buy some same day exp OTM options contracts and they will hit for sure. I give you the Feb 2020 Dozu guarantee.
     
    #11     Apr 15, 2020
    PoopyDeek likes this.

  2. Take comfort in the knowledge that you're more liquid than Duzo.
     
    #12     Apr 15, 2020
    yc47ib, taowave, trading_jean and 8 others like this.
  3. NQurious

    NQurious

    Discipline and a plan can work wonders, but $286 isn't much to start with to be sure. There is a journal on ET right now where the guy started with $2K and he has tripled it in a relatively short time.
     
    #13     Apr 15, 2020
    1957may10 and Nobert like this.
  4. Handle123

    Handle123

    If was my last $286 buy $50 supplies to make masks and sell on craigslist, work hard and maybe get it over $1000, buy UCO, at least with the ETF, you have a chance of making something.

    If you can't make it on a $5,000 account, more does not make it better.
    Learn to swing stocks.
     
    #14     Apr 15, 2020
    Sekiyo likes this.
  5. Sekiyo

    Sekiyo

    Flippin' items is much easier than trading.
    If you get a great discount on a popular item,
    Your risk is almost 0% and the turnover is quick.

    I used to buy misspriced items on Amazon,
    Then I did unload locally at a great price, great margin.

    That's the easiest money I have ever made.
    But there is not much misspriced items anymore ...
    And you can't buy in bulk so up to a point it's not worth the hassle.

    So you got to find another business.
    If you're creative enough you can find nice spreads, arbitrages, loopholes,

    In the real economy.
     
    #15     Apr 15, 2020
    1957may10 likes this.
  6. SteveM

    SteveM

    You can start a "office disinfecting and cleaning specialist" business with that much money.

    The US government/corps are going to be throwing tens of billions of dollars at Coronavirus containment for the foreseeable future, and cleaning companies are going to be in high demand.

    Far better odds of you making $100,000 doing that than from your $286 trading account.
     
    #16     Apr 15, 2020
    trader99 and wrbtrader like this.
  7. zghorner

    zghorner

    How long does it take you on average to blow out $26k?

    not talking shit, genuinely curious.
     
    #17     Apr 15, 2020
    RubberBand likes this.
  8. Turveyd

    Turveyd

    Got to lose it all, before you crack it, so not much left, then screwed and you can make out you'd cracked it.

    Personally, I'd get a hooker for an hour if I'd blown even 26K once and give it up as a bad game.
     
    #18     Apr 15, 2020
  9. wrbtrader

    wrbtrader

    I bet cleaning businesses already getting prepare to lunch something like this for schools, businesses, property owners, government offices...anything that can not be steamed off with a power hose.

    wrbtrader
     
    #19     Apr 15, 2020
    SteveM likes this.
  10. Snuskpelle

    Snuskpelle

    Real post or troll post? If the former; don't mean to talk you down, but turning $286 into something anywhere close to the $125k+ you've lost, by trading, especially when you've shown the exact opposite of skill thus far, is in the realm of the highly improbable.

    As people have remarked above, you will be far better off going into the real economy and finding a job or build your own business ("a bit" more complicated but noticeably easier than trading if you strike into the right niche).
     
    #20     Apr 15, 2020
    JesseJamesFinn1 and 1957may10 like this.