Getting a loan to day trade (but not to day trade)

i wouldnt put much stock in what grail says bout this. he seems extremely risk adverse and doesnt understand opp cost, etc.

surf

 

LOL Whatever you do don't tell them that

 

Of course it does. Opportunity cost in trading is a figment of your imagination. Unlike other walks of life, there are no guarantees in trading. Since there are no guarantees, just how do you figure what your opportunity cost truly is?

 

And you are risk perverse. You don't believe in TA. You let 150 point profitable moves go against you waiting for that big move. LMAO

Btw, it's risk averse, not risk adverse. And you're a writer too?

 

I agree that opportunity cost is a BS concept about 80% of the time in business and it seems to me that it would be more like 98% BS in trading.

 

I hear it spewed so many times on this board it makes me sick. In trading, it's a buzzword for the truly ignorant.

 

now keep in mind I know nothing about loans. I was thinking I could a rate like housing rates like 6 or 7. Earn interest on the money say @ 5% so my cost really is only 1 or 2 percent. Guess it's more in the neighboor of 5%.

I'm not trading with the money ---> just using it to get more leverage

 

He`s the writer, other people take care of the grammer!

 

You work in lending?

Bastard..you never told me.

Got 10 Million I can borrow? I'm good for it.

 

Sure no problem, do you promise to pay it back?

Hey good to hear from you! It's been a long time man.