Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Other Topics > The Stock Market

Reply
 
Thread Tools Display Modes
  #1  
Old 07-01-2001, 12:54 AM
Guest
 
Posts: n/a
Default HOW MUCH YOU NEED?



how mcuh $$$$ you need to daytrade succesfully?
Reply With Quote
  #2  
Old 07-08-2001, 04:35 AM
Guest
 
Posts: n/a
Default Re: HOW MUCH YOU NEED?



In case you have missed the news. SEC has a new rule 25k in any (what they deem) daytrading account, if you miss it - margin will not be allowed. So if you don't mind trading on cash you can have 20k or so. In reality you need more than this to be able weather losses, and make enough to live on.
Reply With Quote
  #3  
Old 07-21-2001, 01:19 PM
Guest
 
Posts: n/a
Default Re: HOW MUCH YOU NEED?



Enough to live on? You might as well play craps. The lucky guys make huge money, the unlucky guys go broke and shoot people in Atlanta, and alot of guys lose a little or make a little (relative to the market) Plus the vig the trading companies ream you with is higher than craps.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 12:59 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.