SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old October 6, 2006, 02:47 PM
Bruce
 
Posts: n/a
Default Re: Guys - one last question....

"is there any kind of trading strategies that allow you into the $1000 to maybe $2000 (or less) category?"

IN the Forex you can open an act with as little as $400 bucks or so....BUT, Forex is a completely different animal than the S&P or nasdaq stocks...it moves differently, it reacts to news differently, it trades all night...not something I ever got into... Stocks are just the opposite - tend to move slower, but require the largest start-up capital, particularly if you plan to daytrade.

I ended up with the S&P eminis because it was sort of a middle ground....you could open an acct for $2500....try to keep in mind that even if you could open an acct for $1000 you really wouldn;t want to....you could only trade one contract and if a move went against you unprotected, you could lose 25%+ of your balance in only one trade....

psychologically no one can really trade that way...it';s too stressful.
you might want to ask my friend at the web site I mentioned if he knows of any smaller acct startups allowed by brokers....he has done it all compared to me :-)
Reply With Quote
 


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

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 11:24 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.