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I earn my money day trading forex and stocks - and you?

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Day Trader
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I earn my money day trading forex and stocks - and you?  Reply with quote  

How do you earn your money?
Do you work for "the man" or for yourself?
Post Tue Jul 05, 2005 3:58 am
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TheEasyMoney
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Re: I earn my money day trading forex and stocks - and you?  Reply with quote  

quote:
Originally posted by Day Trader
How do you earn your money?
Do you work for "the man" or for yourself?


Hi, I was thinking about buying google shares a year ago, when it just went public... And you can't imagine yourself how much I regret now that I didn't Sad I could have trippled my money already. As for forex, I think they charge you too much, if you buy shares directly through a broker, he takes just 0.25%, how big are the comissions at forex?
Post Tue Jul 05, 2005 2:30 pm
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Day Trader
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Re: I earn my money day trading forex and stocks - and you?  Reply with quote  

quote:
Originally posted by TheEasyMoney
As for forex, I think they charge you too much, if you buy shares directly through a broker, he takes just 0.25%, how big are the comissions at forex?

There are no commission (per se) when you day trade forex. But there are spreads. Basicly everything is included in the trade, you don't pay nothing additionally, check it out here http://www.dantol.com/day_trading_currencies/
Post Tue Jul 05, 2005 9:39 pm
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Day Trader
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I do lose money sometimes,
but my average monthly return is about +17.5% now (steadily climbing for the past 6 months).
Post Tue Jul 05, 2005 9:54 pm
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fundmanager
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 Reply with quote  

quote:
Originally posted by Day Trader
I do lose money sometimes,
but my average monthly return is about +17.5% now (steadily climbing for the past 6 months).



17.5% PER MONTH IS GOOD ENOUGH. Wink
Post Wed Jul 06, 2005 2:00 am
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ashraf
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I earn as an employee and as an investor/trader in the stock market in local and international markets. Hopefully I will be able to quit my regular job and become a fulltime investor in 2-3 years. So technically, I am working for "the man" and for myself Smile.

You can not become free by accepting to be occupied
Post Wed Jul 06, 2005 9:15 am
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TheEasyMoney
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How much do you need to quit your job?  Reply with quote  

So, how much do you think you need to quit your regular job and become a full time investor?
Besides, there is always a possibily that you lose your money, what will you do then, without a job? But the idea is cool anyway Laughing
Post Wed Jul 06, 2005 5:24 pm
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netman
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Where can I find more info about this ???  Reply with quote  

Hi,all,
Very interesting ,how and where can I find more info about this ???Can any forum members suggest to me any resources that I can find about this facinating deal ???

Cheers and do post some good answers ??
Post Thu Jul 07, 2005 4:20 am
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Renegade
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Here is a good resource on forex I found

http://www.surefire-trading.com/tsl/secret.htm
Post Sun Jul 10, 2005 9:30 am
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netman
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Tnanks for the tip  Reply with quote  

Hi,all ,
Thanks a very good resource indeed and any where else I can find out more about this opportunity ?

Thanks
Post Fri Jul 15, 2005 6:24 am
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TheEasyMoney
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Some more good resources  Reply with quote  

Here are some good sites explaining how forex trading works

http://www.futuresmag.com/forextrader/forextrader.html
http://www.forextips.com/
http://www.investopedia.com/articles/trading/04/101304.asp
http://www.ees.net.nz/forex.htm

Hope it helps Smile
Post Fri Jul 15, 2005 7:11 pm
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ashraf
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TheEasyMoney,

The answer is diversify in your investments while working for "the man". By doing so, you will be able to minimize risk as much as possible and always maintain an emergency fund for the rainy days. I am a high-risk investor and tend to focus much more on technical factors than the fundamental ones when trading or investing. It is my style and I feel comfortable with it. Each investor/trader has their own methodology ofcourse.

You can not become free by accepting to be occupied
Post Sat Jul 16, 2005 11:59 am
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hardys4ever2000
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i make money using these 2 sites

studiotraffic has a forum and you can look at other peoples proof and you'll be surprised how much money some people have made from that site. but both work and i have been paid from both

[promo removed]
Post Sat Jul 30, 2005 5:12 am
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General Patton
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Personally, I will just trade using fake money until I can get a day job and get enough of a cash reserve that I can live off of for 6 months. All the money after that I'll use to invest in the forex and day trading. I'll be working for myself by 21.
Post Sat Jul 30, 2005 8:58 pm
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Day Trader
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Re: Tnanks for the tip  Reply with quote  

quote:
Originally posted by netman
Hi,all ,
Thanks a very good resource indeed and any where else I can find out more about this opportunity ?

Thanks

Look at my signature, there is a link. Hope it helps. It certainly did help me. Good luck to all of you. You are all wonderful people!
Post Sun Jul 31, 2005 11:58 pm
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