what to do when you know how to make money...

Discussion in 'Trading' started by Gordon Gekko, Jun 12, 2002.

  1. puffy, you shouldn't post something that exciting without a link.
     
    #81     Jun 13, 2002
  2. True but how many traders started out with $15 or $20k? Many started with less. Once you know how to trade you DO NOT stay at the sub $100 base, hence the skewed stat you cite which is no doubt correct.
     
    #82     Jun 13, 2002


  3. Yep- if you really want it, you'll do whatever it takes to get it.

    Same old story, overnight success after years of hard work.

    A lot of those who failed never really tried.

    p.s. absolutely true that plenty of folks started with small beans (myself included), just saying that before you can get to true 'making a good living' status you have to cross that threshold of building a decent base to work from before kissing UPS goodbye
     
    #83     Jun 13, 2002
  4. He got married a few times and couldn't afford to.
     
    #84     Jun 13, 2002
  5. or never tried one more time. was it michael marcus who said it cost him his marriage? that's alot to pay.
     
    #85     Jun 13, 2002
  6. A link? Like this?

    If you are an undercapitalized trader, trade on the floor at the Minneapolis Grain Exchange. $50/mo to lease a seat.

    If you show up with $20K you'll be one of the better capitalized newbies.

    www.mgex.com
     
    #86     Jun 13, 2002
  7. hey gecko you could be high bid for seat up there in mosquito country.

     
    #87     Jun 13, 2002
  8. news from lake wobegon:

    <i>MGEX Electronic Trading and New Contracts Off to Good Start</i>
     
    #88     Jun 13, 2002


  9. that's why i'll never be a global player

    no amount of money or prestige is worth getting woken up at 3 a.m. because a currency is tanking, trying to keep track of Brazilian bank auctions on a Sunday afternoon, cutting short your kid's birthday party because something is happening in Tokyo etc. etc. etc.

    screw dat
     
    #89     Jun 13, 2002
  10. lol nice quote...i just noticed it.
     
    #90     Jun 13, 2002