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  1. 1320Trader

    A spin on something old

    Will this site be able to generate enough hits that it can be free...where you make money off of advertising? Or will is it to small of a niche to where you will have to charge a monthly fee?
  2. 1320Trader

    A spin on something old

    How does that saying go? "The only bad idea is the one not pursued"
  3. 1320Trader

    Stock Picks - Post Your Favorites & Why

    HOT! INVESTING 
    nice pick up Dr. I'm getting into day trading...what news sources do you use daily?
  4. 1320Trader

    You were born rich!!

    MINDSET 
    + mph
  5. 1320Trader

    guilty conscience about selling my car

    OFF-TOPIC 
    Update: The dealer took it for 24k. They seemed delighted to have it for that. Sooo.... :banana: with a
  6. 1320Trader

    Turning a professional poker player into a trader

    INVESTING 
    Shares Advantages · Huge availability – there are stock markets all around the world. · The larger stock markets have all the liquidity we could want. · There is a good selection of brokers and software available. · Broker and exchange data fees are generally low. · Most markets are now...
  7. 1320Trader

    Turning a professional poker player into a trader

    INVESTING 
    Futures Advantages: · There are a wide variety of futures contracts available to trade through various exchanges around the world, so we can find a contract in a time zone to suit us. · Quite high gearing allows for good profit potential. · Brokerage fees and exchange data fees are generally...
  8. 1320Trader

    Turning a professional poker player into a trader

    INVESTING 
    there are a decent amount of traders at www.elitetrader.com just remember a lot of the people there are not successful so you have to weed through to find the good posts. If you can only make .5% a day then you need 100k in capital or you'll just have to settle for making 250k (50k capital)...
  9. 1320Trader

    Turning a professional poker player into a trader

    INVESTING 
    I think trading is like everything else....if you put a lot into it you can get a lot out. I have heard of many people that can average 1% a day. So if you have 50k in capital... thats 200k on 4:1 margin...1%...$2,000 a day....250 trading days....$500k a year. Of course the 95:5 (95% lose and...
  10. 1320Trader

    Hobbies?

    OFF-TOPIC 
    Cars forums New things (i guess something new wouldn't be a hobby though)...I really enjoy doing and seeing things I haven't before. Unfortunately all my friends just go to the same bars and get wasted every night and make fun of me for going home and reading a book (business related)on Saturday...
  11. 1320Trader

    Life Altering Choices - Yours?

    NOTABLE! MINDSET 
    So far my biggest choice was quitting my job building elevators. If I had not I wouldn't of went to a birthday party for a family member. I spoke with my uncle and his business partner there and expressed my interest in business. A week later they called me and offered to give me a job so I...
  12. 1320Trader

    Stock Picks - Post Your Favorites & Why

    HOT! INVESTING 
    VMW just wont stop.....and I dont own any :bgh: :smx4:
  13. 1320Trader

    guilty conscience about selling my car

    OFF-TOPIC 
    Yeah I understand that....I'm not buying a car from them though. To give you some more info, this dealer offered me 24k and Carmax did a in depth inspection and found this info....they offered me 19k.
  14. 1320Trader

    guilty conscience about selling my car

    OFF-TOPIC 
    yeah....I think I would feel worse about not being honest than the loss of additional money.
  15. 1320Trader

    guilty conscience about selling my car

    OFF-TOPIC 
    I'm trying to sell my car and I took it to the dealership to see what they would give me. So they asked me if it had been in an accident. I said "yes, the front bumper had to be replaced and painted" and I told them it was around $1,800 for the repair. Honestly though, I started thinking...
  16. 1320Trader

    Another young fastlaner: James T. White

    EXECUTION 
    I heard about this book on the radio, so I looked it up and read this. http://www.authorhouse.com/BookStore/ItemDetail~bookid~45005.aspx its a link to buy the book, but it gives you some good insight.
  17. 1320Trader

    Day trading margin buying power

    INVESTING 
    Say I have $50,000 in a margin account. So I buy $200,000 worth of stock on Monday morning. I sell the same day and break even at the end of the day (200,000 at closing). What is my buying power on Tuesday? I just don't understand how it works with settlement and the free ride policy.
  18. 1320Trader

    what broker do you recommend and why?

    INVESTING 
    Im using Scottrade and I haven't had any problems so far. What kind of trading are you going to be doing? Swing, Day, Long term?
  19. 1320Trader

    How soon in your life did you get your financial focus?

    I started focusing when I was living in my g/f's moms basement with no drywall counting change so I could go get food @ 20yrs old. Since then I've been working 2 jobs (at least 60hrs a week...sometimes more towards 80). Unfortunately I still spent some money on cars for the next 2 years...
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