What would you do?

Ohhhh Man! If this ain't the truth. I did 740% in 3 months - THREE MONTHS. I went at least 1/2 margin on every freaking trade - sometimes full margin - and I was a God! Bam! 33% haircut in a day. Next month same thing. I didn't lose my entire wad but I quickly realized I didn't know squat. That was the day I turned the corner. Hopefully this guy didn't let the 100k roll because he will most certainly lose it. Eeeeeeverybody gets stung.

Quote from illiquid:

The markets are probably the fastest place where you can lose that 100K. And most likely not in the manner in which you'd imagine. You won't likely lose it all in a slow grind, the way you blow it out completely is after the taste of success has gone to your head.

Picture this: you start out small, trade for 6 months, start getting the hang of things. Eventually, you will begin to see consistent returns and over the course of the next year or so, depending mostly on market conditions, you double or even triple your account.

And then you lose 300K in a month by the time you realize you don't really know anything at all.

Think hard before you even start down this road. The above scenario has a far higher probability of coming to pass than you can imagine at this point. It's quite painful to have that kind of rug pulled out from under you.
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Quote from Surdo:

Travel to Argentina, Brasil, and Colombia, and sample some of the best looking women in the world and eat good steak!

el surdo
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Argentina, and Colombia yes, but Brazil... no way. Probably the ugliest country i've been to
 
Quote from Loki:

Looks like you ran out of steam, maybe it is because your previous points have no logic.

Just because you are married it does not mean that is the right thing to do. Marriage and a family does not guarantee people around you when you are old. Your son might turn into a doctor who will take care of you in your last years, or an alcoholic who will totally ignore you. You also assume that I am single because I have no other option and you are wrong again. I am single because I want to stay single.

On holidays and any other day or night I am alone when I feel like being alone and go out with friends males and females when I want company. If my soon to be wife has more than 1 M and I have little or nothing why on earth would I not sign a prenup ?

Now let's assume that I have the big money and she has nothing. Let's take it a step further let's assume that a male is in his 30' has money and a lot of potentials.

WHY SIGN ANYTHING ? What is right or good about going to the city hall and SIGN a legal document to say that he loves her ?

He can live with her, have kids and love her just like you, minus the risk in case things do not turn out well.

He can do the SAME things you do, so why marry ?
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Loki,

Whatever you wrote in this thread is pure raw truth :) However, many here are hypocrites. So they don't want to hear that. Or rather they can't handle truth.

Especially the example of rich old guys and young hot models/actresses is just pissing excellence.
 
Hi everyone,

First of all, thanks for the replies. The hijacking was funny to!

I have decided to put trading on the back burner for now and pursue internet marketing instead.

While I have a love for the markets, I am finding that a fool and their money are soon parted. In other words, I have great odds of success taking money from dumb people online which the country and world are full of then taking money from the smartest in the world in the markets.

The end goal for me is freedom from corporate drudgery and not answering to anyone else. No need to make it harder than it needs to be.

Now, Internet Marketing will not be easy however I have the drive and definitely smart enough to figure it out. With these traits I know I will be successful. Can't say the same for trading.

I have the capital (100k) and resources to do internet marketing. In fact, most don't even need this kind of capital. I don't intend on using more than 5K to launch my new venture. Hard work will deliver the profits to make it worthwhile, and it will be hard. But continuing to sell my life to someone else is not an option. Not at all. I can't stand one more minute of doing it.
 
Diversifying the cash could be an option. Setting up a nice portfolio with different investments would reduce the overall risk of your portfolio. If you need help on the futures and commodities side of diversifying send me a email at ptgvrabel@gmail.com.
 
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