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Who ends up with the money?

Yes, I certainly do equate trading as running a business. I meant a traditional small business with employees, inventory, etc. vs trading where you don't have to deal with anyone

On the heels of my last thread, it was suggested that being a small business owner is more risky than trading. Let's have some discussion on this.

You can't trade for a living, but it sure makes you pimp shit at cocktail parties to tell everyone you do. Panties drop.

Exactly. We are all better served reporting each day to a cubicle and serving a corporation and the common good.

Erotic Services on Craigslist should be a good start for you

Yes, but Daley and Stroger would consume at least 8.5 million of your money in taxes, fees, fines and licenses leaving you to need to work a job to pay for the entitlement programs and kickbacks.

Stick your cash in a JPMorgan Chase savings acct at .25% and work a 9-5. You'll have 25K by year end.

Where the hell is Jackson Hole?

I like that analogy.

Can you elaborate?

Where in Chicago can you live on $400 for rent, $200 for food? $200 utlities is reasonable.

I can't deal with the chance of failure. I don't want to lose my money I have worked for. I just have to remain as an employee for the corporation.

Anyone short today?

I’m here to proclaim I am throwing in the towel before I even traded one share, let alone opened an account with a broker. Over the past 3 years I have fantasized what it would be like to live the life of a trader. I have lived it in all of its glory without having to risk one dime. I...

A Jewish Racetrack!

Blotter please....

Long at $4.75 - Targeting $10-12 by Spring

Be prepared to pay capital gains even if mutual fund lost big Gail MarksJarvis Chicago Tribune November 5, 2008 Just when you thought your mutual fund losses couldn't get any worse, your fund might be about to add insult to injury. During the next few weeks, many mutual funds are...