i am in need of money and have turned to the market

Discussion in 'Trading' started by jack rabid, Dec 20, 2002.

  1. I would suggest buying Lotto tickets. The odds are better.
     
    #11     Dec 20, 2002
  2. DT-waw

    DT-waw

    No lotto! Trade QQQ 100 lots with IB. And do not overtrade.
     
    #12     Dec 20, 2002
  3. MRWSM

    MRWSM

    Trading when you don't need money is best. You already have too much pressure to start with. It's best to invest with money you don't need.
     
    #13     Dec 20, 2002
  4. dbphoenix

    dbphoenix

    For which you'll receive spam for an email address which will be only too happy to take your money in exchange for their advice.

    What's the deal, Marielle? Do you receive a commission for all this stealthspam?

    --Db
     
    #14     Dec 20, 2002
  5. prox

    prox

    I wouldn't mind giving calls for a couple of days ..

    it's just the constant nagging and questions that'll drive me nuts.
     
    #15     Dec 20, 2002
  6. Well, that's not what I got from Marrielle. I am following their system in real time just for the fun of it, but I am not trading it. They claim to average 10 pts a day and they say they had had no losing week according to the info I got from them about two weeks ago. Unfortunately, it is their second losing week since I started following them and not a single day did they make 10 pts much less over 10 pts. In the same time I made 17 ES pts (last week) and I am on my way to make over 20 ES pts this week (today I am already 8 pts up with one position closed). Of course, systems do have losing streaks, so I do not mean to imply that they did not average 10 pts in the past, but only that somehow they are not doing particularly well these days.
     
    #16     Dec 20, 2002
  7. Wow! A six thousand figure income. They literally are bazillionaires!
     
    #17     Dec 20, 2002
  8. jaan

    jaan

    here's the plan:

    1. take a stock that has been hit badly in recent days (roll a dice if you can't pick between them)
    2. buy $5k worth of call options on it
    3. either lose your entire $5k or cash in should the stock bounce
    4. never trade again (that's the most important step)

    that's the closest you'll get in getting market to make money for you.

    - jaan
     
    #18     Dec 20, 2002

  9. jack-
    the market is in need of money, and it's turning to you
     
    #19     Dec 20, 2002
  10. Flow

    Flow

    Funny cause its true :cool:
     
    #20     Dec 20, 2002