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You probably want to look into SPY ETF and plan to work with its options. I would recommend against doing this with any individual symbol and stick to the SPY. The options market for SPY is SUPER liquid with penny spreads not an issue getting fills.

Forex and Binary options, billions a year removed from the pockets of idiots. I am not to familiar with Binary's but do people actually wager 900 in the hopes of making a 100 dollar win? That does not sound right.

Current account value. 339,201.06 for the Cigar Butt fund. Working toward crossing 340K little by little, hedging and fighting in the trenches penny by penny.

Example of localized hyperinflation? when 160K is not enough due to extreme inflationary pressures.

Well the only thing keeping our economy running right now is people having to borrow money to make up the difference. We have made huge productivity increases but none of the increased margins/profits gets passed down to the workers. So we are producing much more yet paying much less and only...

I never understood the philosophy of selling spreads to make like 10 cents a contract after the whole complex trade is set. Way over complex, tricky to manage and in the end. I like to structure my trades real simple. I stick to the KISS principle when trading options. Funny they mention low...

If you plan on doing this with 800K Cash I would stick to SPY, that is what I do. The way it should be structured a liquid cash account to cover 3-4 years of expenses + an emergency fund contingency, then your cash flow generating portfolio where you put a percentage of the cash generated into...

why is it everytime I see a video of a guy driving a an exotic car,talking about making 2000 dollars as he lounges around the pool in his mansion that my bs meter pegs. Anyhow its the same recipe. 1 - exotic car 2 - big mansion,poolside, playing golf 3 - talk about making fast profits in minute...

looking for stock with the highest premiums in order to collect "free profits" is a terrible strategy. High premiums means high risk. There is no such thing as a free lunch. The premiums are high because traders know the stock has issues. Anyways now you are double long on whatever stock. My...

only 10 to 1 leverage! How are people supposed to make money with such a measly leverage?

Yup. I have not had a mortgage in a long time, nothing like outright owning your home, no car payments either.

At some point the cost of living has to drop, you cannot have people earning 1950s wages and things be priced in todays prices.

Hows Karen doing? :)

I took profits today on a position I initiated Friday. Closed out 30 minutes before market closing. :)

How come everyone who is pitching some kind of get rich book,class,etc.. has to take pictures infront of Ferraris? It always raises a big red flag for me. No need for this, the results is what counts. (Audited results)

Not surprised to see another forex shop banned or in trouble.

This is why i split my money across 4 retail brokerage firms and stay under SIPC numbers

Like I said they are geniuses. It must be like fishing with dynamite. Drop a stick, boom and take net and scoop up all the fish.

This is why most Americans are broke. Give them a windfall and most will destroy with greed, trying to get rich quick etc.. I will not waste my time trying to give advice. It will just fall on deaf ears and he will end up blowing it all and then some. I say 3 years tops before its all gone...

I think the TST people are geniuses. They must be raking in the money just from all the people hoping to make it big.