I think the dumbest part of this whole thing is paying 18-20% for credit cards in these days of 0%, 3%, and 6% cards.Quote from Tech Analysis:
A guy I've chatted with has pissed away 40k in futures losses this year (and we're only in mid March, yet) - all on credit cards at 18-20%.
Wait it gets better - he hasn't told his wife yet.
Oh I know it. Citi gives you a rate keyed to the prime then if you go over your limit by 1 buck they run you at 25.99%Quote from TM_Direct:
My cards are 6.5....but in the fine print 22% for 'cash'...needed 2k to tide me over for one month around x-mass and my jaw dropped at the int. charge in january
Quote from trade555:
I think I have screwed up I have been buying call options on the SPX all the way down till a few days ago. Then I got approved for writing options and a few days ago at the bottom of the market I sold all my calls and wrote more then I should of. My account is completely gone I have a margin call and am broke. I am so broke I haven't feed my dog Skippy for a week and he keeps biting my leg he is so hungry. Does anyone have any advice for a hungry trader.