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04-17-2011, 01:50 PM | #2 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $230477
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I did it until I ran out of money.
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Posts: 40,775
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04-17-2011, 02:23 PM | #3 |
Mahomes Dynasty
Join Date: Mar 2005
Location: Parts Unknown
Casino cash: $7862254
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my dad does it religiously, but he's retired and is on the computer from 8am to about 3pm....most ppl don't have that kinda time.
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Posts: 39,194
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04-17-2011, 02:51 PM | #4 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $814734
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Not me. But it is an interesting profession. I briefly met a guy that does it. I'd love to see the dynamics of it all.
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Posts: 57,700
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04-17-2011, 02:55 PM | #5 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1818491
VARSITY
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I do it a little.
anyone willing to trade their dec 14, 2013 and march 3, 2014 for my july 9, 2012? Posted via Mobile Device |
Posts: 142,655
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04-17-2011, 03:00 PM | #6 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $230477
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Posts: 40,775
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04-17-2011, 03:17 PM | #7 |
Molôn Labé
Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
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I don't have the stomach or balls to do it.
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Posts: 23,166
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04-17-2011, 03:17 PM | #8 |
Molôn Labé
Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
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Posts: 23,166
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04-17-2011, 04:13 PM | #9 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1818491
VARSITY
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I'm betting on the future. Plus, you get a nice warm summer day for two dreary winter days. You in? My goal is to do this enough that I'll double my life span, even if it's in cold weather. Plus, I sunburn easily so I'm inside most of the summer anyway.
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Active fan of the greatest team in NFL history. |
Posts: 142,655
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04-17-2011, 04:31 PM | #10 | |
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Join Date: Dec 2002
Casino cash: $57156239
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Quote:
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Posts: 36,130
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04-19-2011, 02:57 PM | #11 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $230477
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I'm so bad I lost $412 on a penny stock.
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Posts: 40,775
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04-19-2011, 03:17 PM | #12 |
Certified Bourbon taster
Join Date: Aug 2000
Location: Shawnee KS
Casino cash: $6880157
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I worked on the trading floor at the KC Board of Trade for 14 years or so. Worked for the exchange itself most of that time, tried a little floor trading as well (where you 'day trade' on the spot and 'provide liquidity'). It's an interesting gig, but it'll age a guy before his time if he's not careful. My favorite parable is this: If you want to make a small fortune trading stocks or commodities...start with a large fortune.
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A man can never own too much red wine, too many books, or too much ammunition. -- R. Kipling |
Posts: 5,083
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04-19-2011, 03:17 PM | #13 |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $409901
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The real day-traders trade other people's money and take a cut win or lose... you know, like the fees out of your 401K.
Unless you have a really complex algorithm that's tied into a market you are fish bait. |
Posts: 13,704
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04-19-2011, 03:31 PM | #14 |
Veteran
Join Date: Apr 2010
Casino cash: $10004900
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I play a bit as basically, a hobbyist. Unless you live and breathe it and understand the markets in a way that armchair traders don't, I doubt you will get anywhere. For most people it's basically just gambling. A fun diversion, but I wouldn't fool yourself into thinking you will make yourself rich. You've just as good a chance to get rich betting on football games.
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Posts: 1,808
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