Make $ w/ $2,000?

baggerlord · Jul 23, 2003

Daytrade4less.com, 2k min, have to mantain 1k.

Quote from prox:

Well, IB's minimum is 2000 .. and if a single 1 tick loss will prevent you from placing another trade, then it is just a toss up on the first few trades that they "have" to be winners. It's a dangerous mental state to put yourself in.

Now, if it was something like $2500 , then sure.. an experienced trader should be able to build it up.

FasterPussycat · Jul 23, 2003

Quote from jasrlew:

It seems like there are alot of traders out there trying to start small and grow it to a sizable account.
Alot of experienced traders seem to say that a $40,000 account to begin with might be a good idea which is fine but if you don't have it, well ya' gotta start somewhere.

My question is this: Experienced Traders: If your trading account was wiped out and all you had was $2,000, could you make money on it? Any particular strategies?

Just curious.

I could, but I doubt YOU will. HEH!

Ditch · Jul 23, 2003

Quote from baggerlord:

Daytrade4less.com, 2k min, have to mantain 1k.

mytrack: $500

Scientist · Jul 23, 2003

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Quote from jasrlew:

It seems like there are alot of traders out there trying to start small and grow it to a sizable account.
Alot of experienced traders seem to say that a $40,000 account to begin with might be a good idea which is fine but if you don't have it, well ya' gotta start somewhere.

My question is this: Experienced Traders: If your trading account was wiped out and all you had was $2,000, could you make money on it? Any particular strategies?

Just curious.
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Reply from FasterPussycat:

I could, but I doubt YOU will. HEH!

Another mature post from ET's most immature member...

WTF Are you talking about, FPC? You don't even trade! :eek:

~Scientist

EGOT · Jul 23, 2003

Quote from jasrlew:

My question is this: Experienced Traders: If your trading account was wiped out and all you had was $2,000, could you make money on it? Any particular strategies?

Just curious.

It can be done in the emini market if you have the system, excellent diiscipline, and a little "luck' for the first trade or two.

But it ain't easy!

indahook · Jul 23, 2003

If I only had 2k left I would put it on black at the Roulette table.....double up or go home....just make sure you sit at the table for a few minutes and get the "free" drinks.

easyguru · Jul 23, 2003

Quote from jasrlew:

It seems like there are alot of traders out there trying to start small and grow it to a sizable account.
Alot of experienced traders seem to say that a $40,000 account to begin with might be a good idea which is fine but if you don't have it, well ya' gotta start somewhere.

My question is this: Experienced Traders: If your trading account was wiped out and all you had was $2,000, could you make money on it? Any particular strategies?

Just curious.

Forget day trading. Go the value route find a stock which is at 52 week low from DOW and buy if it has significant support. Or once it forms double bottom.

IN2WIN · Jul 23, 2003

Quote from indahook:

If I only had 2k left I would put it on black at the Roulette table.....double up or go home....just make sure you sit at the table for a few minutes and get the "free" drinks.

Sure way to end up with drinks and no $$.

Right system, managed properly with exceptional discipline can turn 2K into big $$ in a shorter time than most people believe.

A bit of good "karma" the first couple trades wouldn't hurt either, but it's 98% you and maybe 2% "karma" (which you create anyway).

indahook · Jul 23, 2003

Quote from IN2WIN:

Sure way to end up with drinks and no $$.

Right system, managed properly with exceptional discipline can turn 2K into big $$ in a shorter time than most people believe.

A bit of good "karma" the first couple trades wouldn't hurt either, but it's 98% you and maybe 2% "karma" (which you create anyway).

I dont know...one bet then walk away if you win. You have just under a 50/50 chance. Good Karma could help you out there also.

Not that I am in support of gambling

EMini-Player · Jul 23, 2003

Just play conservatively and you'll be OK. Pulling out 5-10 points a pop on YM is no big deal. Yes, it's only $25-50 but do that a few times a day and you'll be alright.

-FastTrader