How would you make money ?
#34
ShadowHM,Dec 15 2004, 01:11 PM Wrote:Further, he has a greater monetary base to do it from than Abramelin will have.  When you have a bigger pot, you can withstand the ups and downs of bad calls much more easily than when you have only $50,000 to do it from.
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The banned member who started the thread '50 000 us $' is someone else,not me;and I don't own dollars,I only have euros.Actually,investing 50,000 euros or 500,000 euros is not the point of my thread.
I just ask how to invest,not how much.
I don't understand why someone who day trade,let's say as an example,500,000 euros,can withstand the ups and downs much more easily than someone who day trade 50,000 euros.Losing 1,2 or 3 % of 500,000 euros is as bad as losing 1,2 or 3 % of 50,000 euros;it's just a matter of proportions,really.
ShadowHM,Dec 15 2004, 01:11 PM Wrote:But I would like to emphasize that he is well connected (as in knowing many other day traders, frequenting their chat rooms, etc. He has been doing this a long time, so he knows how to separate the wheat from the chaff - kinda like participating here. If PatrickA posts about a game mechanic and adeyke does too, we know which to believe, eh?).
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There is no need to be a genius to make money by 'day trading' or only trading.As for chat rooms,I know some.
I agree that the more experienced,the better.Still,there are good traders who can lose a lot of money;The Barings went bankrupt because Nick Leeson lost billions pounds.
ShadowHM,Dec 15 2004, 01:11 PM Wrote:Lastly, this is his 'job'. He spends from 6 to 8 hours a day on it to be able to get the results he does.
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There is no need to spend that amount of time/day on it.Day traders can buy/sell a dozen times a day,or just once,it's just a matter of opportunities.There is a possibilty to buy and sell on the internet while having a real life job.Buying just once in the morning and selling in the afternoon can be enough to make money.

ShadowHM,Dec 15 2004, 01:11 PM Wrote:My point is that, while it is possible to make decent money doing this, the circumstances described by Abramelin do not fit the description of the only person I know who has managed it.
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Your friend hasn't told you about his failures,because I am sure he lost money too.Ask him about his losses.
Sure,I don't fit the description of your friend,at least for experience.However,asserting that without a lot of experience and without billions $,it is impossible to make money,is untruth.
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Messages In This Thread
How would you make money ? - by Guest - 12-09-2004, 08:46 PM
How would you make money ? - by Urza-DSF - 12-09-2004, 09:26 PM
How would you make money ? - by Doc - 12-09-2004, 09:45 PM
How would you make money ? - by Nystul - 12-09-2004, 10:00 PM
How would you make money ? - by [wcip]Angel - 12-09-2004, 11:13 PM
How would you make money ? - by Ashock - 12-09-2004, 11:44 PM
How would you make money ? - by Bolty - 12-10-2004, 12:37 AM
How would you make money ? - by Ashock - 12-10-2004, 12:46 AM
How would you make money ? - by Guest - 12-10-2004, 01:41 AM
How would you make money ? - by kandrathe - 12-10-2004, 01:42 AM
How would you make money ? - by Guest - 12-10-2004, 01:52 AM
How would you make money ? - by Guest - 12-10-2004, 02:05 AM
How would you make money ? - by Guest - 12-10-2004, 02:18 AM
How would you make money ? - by Munkay - 12-10-2004, 04:05 AM
How would you make money ? - by DeeBye - 12-10-2004, 04:39 AM
How would you make money ? - by kandrathe - 12-10-2004, 05:45 AM
How would you make money ? - by whyBish - 12-10-2004, 06:00 AM
How would you make money ? - by eppie - 12-10-2004, 08:50 AM
How would you make money ? - by Concillian - 12-11-2004, 12:59 AM
How would you make money ? - by kandrathe - 12-11-2004, 08:47 AM
How would you make money ? - by whyBish - 12-12-2004, 01:33 AM
How would you make money ? - by Guest - 12-13-2004, 08:43 PM
How would you make money ? - by Guest - 12-13-2004, 09:03 PM
How would you make money ? - by Concillian - 12-14-2004, 01:58 AM
How would you make money ? - by whyBish - 12-14-2004, 04:40 AM
How would you make money ? - by Munkay - 12-14-2004, 05:54 PM
How would you make money ? - by whyBish - 12-15-2004, 04:20 AM
How would you make money ? - by Chaerophon - 12-15-2004, 04:36 AM
How would you make money ? - by Munkay - 12-15-2004, 06:47 AM
How would you make money ? - by eppie - 12-15-2004, 08:49 AM
How would you make money ? - by Nystul - 12-15-2004, 10:19 AM
How would you make money ? - by kandrathe - 12-15-2004, 11:00 AM
How would you make money ? - by ShadowHM - 12-15-2004, 01:11 PM
How would you make money ? - by Guest - 12-15-2004, 06:35 PM
How would you make money ? - by --Pete - 12-15-2004, 07:16 PM
How would you make money ? - by ShadowHM - 12-15-2004, 07:26 PM
How would you make money ? - by --Pete - 12-15-2004, 07:50 PM
How would you make money ? - by Guest - 12-15-2004, 08:25 PM
How would you make money ? - by --Pete - 12-15-2004, 08:42 PM
How would you make money ? - by Guest - 12-15-2004, 08:42 PM
How would you make money ? - by Guest - 12-15-2004, 08:54 PM
How would you make money ? - by Fragbait - 12-15-2004, 09:05 PM
How would you make money ? - by --Pete - 12-15-2004, 09:07 PM
How would you make money ? - by --Pete - 12-15-2004, 09:24 PM
How would you make money ? - by whyBish - 12-16-2004, 04:18 AM
How would you make money ? - by whyBish - 12-16-2004, 04:33 AM
How would you make money ? - by whyBish - 12-16-2004, 04:36 AM
How would you make money ? - by whyBish - 12-16-2004, 04:41 AM
How would you make money ? - by Guest - 12-19-2004, 08:07 PM
How would you make money ? - by --Pete - 12-20-2004, 03:07 AM
How would you make money ? - by whyBish - 12-20-2004, 04:11 AM

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