Recent content by Hardo

a prop firm might not be a bad idea like someone said. With 5k you can get 5 to 10 times buying power and if you blow up all you will be out is the 5k. Shop around and try to find a good one, there are some that do a good job of helping you manage risk and provide some guidance. Others...

I add, what is the worst that could happen: You will have no money and qualify for every government program that will provide you a better standard of living than you would get if you actually went out and got a real job. In the end if your don't make it at least you made an effort and...

If you are talking about taking out a few thousand and trying to make it don't bother. Trading with a few thousand is an even bigger battle to overcome. I tried this for awhile but it is very hard unless you are very lucky. A couple of bad trades and your stake is in serious danger and it is...

I did this exact thing about three years ago, but back then credit was a lot easier to come by and it wasn't that hard to get a 0% credit card for 12 months with no or low transfer fees. Not too many of those deals around now, it can still be done but it will cost you a decent amount of money...

Has anyone considered doing this while they trade. I am currently in good shape and not really concerned but I might try this if I start packing on the pounds or my health starts to decline. http://www.treadmill-desk.com/

Very good arguments by everyone here. I agree it has become much more difficult to even get jobs in fields where you have a degree that pertains to it let alone getting a job with a degree in religious and women's studies. It used to be all you had to do is get a degree in whatever you wanted...

Where's Beeks? Turn the machines back on!!!

I don't reccommend doing this but this is what I did: About few years ago before the credit crunch and financial meltdown I had about 4 credit cards with limits ranging from 5k to 12k. I got a couple more to give me some wiggle room and through a scheme I read about on a personal finance...

Just wanted to give everyone a quick update on the progress here. I am still working but more than likely I will be done with this job by June. I showed my wife my past results and numbers as well as the current balance in my trading account. She has seen the light now that a peson can...

It is amazing what some people consider poverty and a reasonable standard of living. I live in the Midwest and you can live very comfortably on 50k a year, you don't have the big city lifestyle that you have on the coasts but you also don't have the costs.

What you mean by making money until the market changes? If the market didn't change and was predictable everyone would make money. I think part of day trading is adjusting to what the market is doing and trading accordingly.

I have contemplated including this but after reading posts about taking risks and such I feel I need to add this. When I started trading or I should say investing as that's what I did back then. I was in the camp of investing for the long term buy and hold strategy. I bought the Vanguard...

Like I said before I may have painted the picture that my wife isn't supportive at all when really she is, just a little skeptical of the stock market. She has moved all over the country with me while I work with the kids in tow and has maintained our household while I am working and often...

Thank you to everyone that has contributed to this thread. No matter if you have offered support or tried to talk me out of it, I take everything with a grain of salt and understand that ultimately it is my choice that I have to make. I do intend to keep my job or a job and continue to trade...

Thanks for all the advice so far, I really appreciate it. My wife does work, but doesn't have a college degree so it is easier for me to find a job with benefits than it is for her. As for kids, that is the 800 lb. elephant in the room. We have three - ages 7, 4, and 2. If it was just...