$2500 saved up what to do?

[clacy]

Wow, you guys are incredibly negative. Go for it, SuperM! Buy 2016 bearish leaps on the SP or Dow---- that's my call. however, if you are bullish, buy bullish leaps on the indexes. Risk it all, you may double your money or more-- go for it, don't listen to the morons who grind--speculate, have fun, and risk it. surf

Agreed. It's $2,500. Obviously it depends on your situation. If you're in debt, homeless or have kids to feed, etc, then you probably shouldn't be trading. But if you're young/single, then let it rip.

Losing $2,500 is 10x better than losing $25,000.

 

[Turveyd]

Take the money and Learn how to program, otherwise back testing is near impossible doing it manually, and eventually you can automate your methods so you can do other things other than manually trade. And if all else fails, you have a possible career away from trading and gives you more time to back test and study the market flow, Price Action.

See too many views.

Programming, EA's bla bla bla, IMHO dont' waste your time.

Longer term stuff with $2500 also don't waste your time.

1Min charts and DAX are where you'll make the big $$$'s and lose the 2.5K pretty quick if you can't trade ofcourse.



Ofcourse, my view is also just a view, why you should ignore all including me and DIY, just KISS!!

 

[lawrence-lugar]

I have about $2500 saved up and its been collecting dust under my bed for last few months... Never invested i did some paper trading but lost interest fast cuz it wasnt real money so i want to invest but wondering if options is the right choice?

You generally don't invest in Options -- you Trade them...unless of course you're using them as a hedge or insurance of some sort.

If you lost interest fast in paper trading...then I'm not sure this world is for you. Just like that zen master or whatever said...'one must first learn to crawl, before it can walk'

 

[galvinlee888]

The OP is the first time poster in this forum, and he never respond to any replies after that. I will ignore this thread.

 

[SuperMiguel]

This wont be my job, i have a job as a programmer so this wont be in anyways my main source of income, i just tought tradding could be a nice way to increase my savings

 

[ExperiencedJoe]

i just tought tradding could be a nice way to increase my savings

Why not increase your saving some more by going to the casino ? Odds on black/red is 48-49%. There's no better odds anywhere.

 

[SuperMiguel]

With options i can have higher chance than 50%

 

[ExperiencedJoe]

With options i can have higher chance than 50%

Does the guy selling you the options have anything to say about it ? Do you mean like he will give you his money cos he has too much ?

 

[m1nt]

you could start a small business if you have the time

 

[Turveyd]

With options i can have higher chance than 50%

Of you short options as most expire worthless then yes 90% win rate easy, but your losers can easily cost you 10x's your cost.

EJ doesnt know what Options are lol

I say learn to daytrade, find something that trades well after work or on your phone on the train home, or before if your a morning, 1 hour or 2 is enough or less, trade when you have time then walk away.

Thats what I do anyway.