Re: Going for the gold
A few comments on your upcoming venture:
1. People trade way differently with FU money than with a larger bankroll that could have serious implications to your lifestyle if lost. It like playing craps and tossing a buck on a hardways bet - who cares if you lose it.
2. Now that you have all that "sophisticated" stock information at your disposal - you have 10% of the information that an average Wall Street trader has at their fingertips.
3. In general, I think day traders over-exaggerate their results (similar to poker players). Most Wall Street traders would kill for a 25% return every year.
Take your 40K and invest in some new lawn mowers or a business that you can use your skills in the winter.
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