$2500 saved up what to do?

Bill R · Jan 6, 2015

SuperMiguel said:
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?

PLASTICS!

lawrence-lugar · Jan 7, 2015

Position yourself ...in.... an information curve...Dominate the curve.
...We are gonna make so much money...

Cmoss · Jan 31, 2015

marketsurfer said:
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. I have learned more from blowing up accounts than ignoring the other possibilities.

marketsurfer · Jan 31, 2015

lawrence-lugar said:
Position yourself ...in.... an information curve...Dominate the curve.
...We are gonna make so much money...

There is TREMENDOUS TRUTH in the video. peace, surf

Malaya · May 18, 2015

Options for first time trader doable?

clacy said:
It's only $2,500 which means two things, IMO....

1. You can't do much trading wise with $2,500 except maybe options, forex or maybe 3x leveraged ETF's. Keep in mind that even if you put up a 200% return on capital, you would only make $5,000, so clearly you must have some sort of other income stream going. You can't trade for a living with such a small amount.

2. The benefit to that small amount however, is that if you lose, so what? You're not going to jump to your death because you lost a couple thousand dollars. If you want to trade, this is a little money to help accomplish that.

Put it to work and see what happens.

marketsurfer · May 18, 2015

Malaya said:
Options for first time trader doable?

Yes

I would try binaries at www.nadex.com. You can easily make 100 to 1000x your money starting with small capital. However , u can easily lose 100% also. Nadex is a good training ground for under capitalized traders. Best wishes, surf

Handle123 · May 18, 2015

marketsurfer said:
Yes

I would try binaries at www.nadex.com. You can easily make 100 to 1000x your money starting with small capital. However , u can easily lose 100% also. Nadex is a good training ground for under capitalized traders. Best wishes, surf

Shoot, betting on the red/black have better chances of making money than binary, rather pitch quarters than trade those, lottery tickets, I don't know anyone who come out ahead except brokers.

Turveyd · May 20, 2015

marketsurfer said:
Yes

I would try binaries at www.nadex.com. You can easily make 100 to 1000x your money starting with small capital. However , u can easily lose 100% also. Nadex is a good training ground for under capitalized traders. Best wishes, surf

They rig the pay offs to well in there favour, 5 min gambles are pretty much impossibe to predict, i experimented with and soon realised scam, took my £20 back guarantee and didnt bother again.