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re: stacked some cash for trading..what website do yall use?
Posted on 2/8/12 at 11:45 am to TheDirty1
Posted on 2/8/12 at 11:45 am to TheDirty1
quote:
As far as your buddy's method... In theory that sounds easy to do. What is he calling a pop? 5%? 10%? How long is he typically in a trade? And how much do you mean when you say small amounts? $5,,000 ?
Exactly what I was thinking because if you say invest 2000 you take off half a percent when you buy and when you sell. So you have to clear at least 1 percent to make a gain. The more you invest the lower your break even percentage is.
Posted on 2/8/12 at 12:30 pm to reb13
Ill have to pry him on the specifics. Thanks for all The input. I am new to this and figured the only way to really study and learn is to put a little money in it. Much like football pools on the super bowl. Wasn't going ti watch the game until I put $100 down.
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