would you want more leverage if you could get it?

C

cashmoney69

if someone came up to you and said i'll give you double, tripple, or more than what your account is worth at around 5.25% monthly (for no longer than 6mths), would you take the offer?

basically 525.00 in interest for every 10,000

why, why not?

cm

P.S

I was given such an offer, and it sounded good up front, but that means that I'd need to make 5.25% a month every month to make the % payments.
 
If the other party wants a written agreement and expects principle returned with interest then NO.

Otherwise, if you have no integrity, take the money and trade like it's 1999.
 
Nope ...

i got plenty of cash in my acct...Im only a PIKER trading the YM
and just one or two stks and ES. ....
too skeerd of the big time guys...:p
 
Quote from Lucrum:

If the other party wants a written agreement and expects principle returned with interest then NO.

Otherwise, if you have no integrity, take the money and trade like it's 1999.
More...

why not?
 
5.25% monthly seems a bit steep.......that's over 6k in interest for every 10k in equity. Even if you get 1000x leverage, u'll never be able to use it in full consistently b/c of small equity. That said, even if u make 200% ROI on 10k deposit, you lose roughly 33% on interes and another 25% or so in taxes......not very ideal.
 
Quote from cashmoney69:

if someone came up to you and said i'll give you double, tripple, or more than what your account is worth at around 5.25% monthly (for no longer than 6mths), would you take the offer?

basically 525.00 in interest for every 10,000

why, why not?

cm

P.S

I was given such an offer, and it sounded good up front, but that means that I'd need to make 5.25% a month every month to make the % payments.
More...

In fact, I'd die to be on the other side of the transaction. i'll loan you 100k for 5.25% monthly......heck, I'll make it 5% JUST FOR YOU. Good credit required.
 
Quote from cashmoney69:

if someone came up to you and said i'll give you double, tripple, or more than what your account is worth at around 5.25% monthly (for no longer than 6mths), would you take the offer?

basically 525.00 in interest for every 10,000

why, why not?

cm

P.S

I was given such an offer, and it sounded good up front, but that means that I'd need to make 5.25% a month every month to make the % payments.
More...

No, that's 85% annualized.

Interactive Brokers charges about 1% right now to use leverage in a portfolio margin account that offers 15% minimum margin on stocks and 4% to 10% on futures.
 
Quote from cashmoney69:

if someone came up to you and said i'll give you double, tripple, or more than what your account is worth at around 5.25% monthly (for no longer than 6mths), would you take the offer?

basically 525.00 in interest for every 10,000

why, why not?

cm

P.S

I was given such an offer, and it sounded good up front, but that means that I'd need to make 5.25% a month every month to make the % payments.
More...

That would be 1.0525^12-1 in Interest. 60% Plus. I'd loan you the money at that rate, too, sound good?
 
while we all like to think that we will make 60+% every year, it is a lot to cover. even paying 12% anually is a chunk considering that most pro traders lose money, this from some other post

<<WHY HIDE THE NAMES - HERE IS ALL TO SEE - ENJOY - 6MG FILE NAMES STARTS ON PAGE 28 UNTIL 56

http://www.tflinc.com/media/ExhibitA_part1v2.pdf >>

most pro traders i know use leverage, i mean, look at the list, how can you expect to make enough for your daily fecal burger stop at jack in the box with $6000 in your account without a little or lot of leverage but f..k, 60%
 
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