Is that you on Facebook? Ninna Lepwa seems an uncommon name.Quote from nLepwa:
Yes, definitely!
Ninna
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dumb question: if my friend wants me help manage his money
- Thread starter mizhael
- Start date
Quote from ProfLogic:
Your answer is perfect.
When one achieves a high win rate and they become consistently profitable, not having the stress of trading for others is a blessing.
I'm not a one person operation.
I enjoy working and researching new trading ideas with my team. That's what keeps me happy. I don't trade for money, I trade because I can't stop..
And I couldn't hire enough smart people if I was only trading my own money.
Ninna
http://www.youtube.com/watch?v=E9_amg-Aos4&feature=player_embedded howard,found a new trading chair
OMGQuote from ammo:
http://www.youtube.com/watch?v=E9_amg-Aos4&feature=player_embedded howard,found a new trading chair
Quote from HowardCohodas:
I have been asked but will not manage other people's money. If I screw up I only have myself and my wife to answer to. If I manage a friend's money I risk a friendship. Friendship is more important to me at my age than money.
Some other things to think about. Managing Your Money vs. Other Peopleââ¬â¢s Money
This simply shows a lack of confidence. Nothing to be proud of.
You think it is lack of confidence that a strategy may sometimes lose money. Hmmm.Quote from Basquiat:
This simply shows a lack of confidence. Nothing to be proud of.
You think it is lack of confidence that losing money may jeopardize friend of family relations. Hmmm.
Your life experiences must be different than mine. I am very proud of my position as it is based on considerable personal experience. I've been blessed using my approach. I've seen friends and family members lives devastated by taking the approach you appear to advocate.
And so it goes.
lol so true. Honestly, don't touch anyone else's money. You only see one direction....up but that isn't the case. Too many shit-hot traders think they're going to get rich trading OPM. Bullshit. Its more stress than it's worth And you make a small percentage @ that on the upside. Downside is a nightmare. You're light on funds, but have a strategy that works? Take on higher leverage and quit day-dreaming Peter Pan.Quote from ProfLogic:
Your answer is perfect.
When one achieves a high win rate and they become consistently profitable, not having the stress of trading for others is a blessing.