What would you tell your 18 year old self about trading/investments?

Discussion in 'Trading' started by Mpas, Jul 16, 2019.

  1. themickey

    themickey

    surprised-cat-1-1.jpg
     
    #41     Jul 18, 2019
    vanzandt and tommcginnis like this.
  2. REDP1800

    REDP1800

    id say go get laid even more than you already did. investments can wait..
     
    #42     Jul 19, 2019
    autrader likes this.
  3. themickey

    themickey

    Rejection.jpg
     
    #43     Jul 19, 2019
    tommcginnis likes this.
  4. Snuskpelle

    Snuskpelle

    In the other extreme end you would have intraday strategies trading over multiple symbols on a large account. volume = sizePerTrade * tradeFrequency.

    As for your question, it depends on the broker. E.g. IB slaps you with a $10/month minimum if your account is less than $100k. In may not sound like a huge deal but it will eat up a large portion enough of passive investments gains for it to matter.
     
    Last edited: Jul 19, 2019
    #44     Jul 19, 2019
  5. traderob

    traderob

    Aim for 10% a year trading.

    Property is a more reliable way to make large returns.

    Watch out for stds.
     
    #45     Jul 19, 2019
  6. Mpas

    Mpas

    Thank you for answering.By the way what broker would you recommend me for investing monthly a small ammount of money($500/$1000)?Any thoughts on Schwab?
    PD;is there a possibility that a big online broker like IB for example,goes bankrupt in the future(I know that anything is possible but im asking if this is something that already happened in the past with another brokers or it is too ¨rare¨ to happen)?I mean if keep long term investings on a broker,is there any insurance that guarantee me that after 50 years i would still have my stocks able to sell?
     
    Last edited: Jul 19, 2019
    #46     Jul 19, 2019
  7. tommcginnis

    tommcginnis

    "Slaps"? Is that really the term we want to be using?
    This is IB, afterall. "World access" and all that. "Faster-than-snot, cheaper-than-shit." :thumbsup::thumbsup:
    And you *used* to be able to describe it as a *trading* platform, not a geegaw-loaded light show with buzzers and bells at every mouse click.:rolleyes:
    Meh.
    We get what we ((pay)) for, sometimes.:rolleyes:
    Sometimes, the worst we can get is that for which we asked.:confused:
    Oi. :cool:

    (Sorry, snusk. It's hot. I'm cranky. I'll go find some A/C, and load up TWS749.5h)
     
    #47     Jul 19, 2019
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  8. #48     Jul 19, 2019
    themickey, vanzandt and tommcginnis like this.
  9. Which reminds me, the one thing I would tell my 18 year old self is: if you want to see your future life, look at your future mother in law. However she runs her life is how your wife will run her life.

    If she is a kind, generous person who has a happy marriage: go all in.

    Gives you the creeps: get out
     
    #49     Jul 19, 2019
    Sprout, VPhantom, birdman and 3 others like this.
  10. tommcginnis

    tommcginnis

    10,000%.
    "THIS!"

    :confused:
     
    #50     Jul 19, 2019
    nooby_mcnoob likes this.