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Overlord
★★★★★
- Joined
- Nov 15, 2017
- Posts
- 5,417
For the record, I don't think playing financial markets is psychologically healthy. If you're young, you should rather get an education and a solid job.
But for those who feel they have nothing to lose, or are desperate for money: play financial markets with leverage. Let me explain.
A market can go in two directions only: up or down. It's a roulette with only two numbers. Far easier to win.
On most internet trading platforms you can get a leverage of up to 500:1. That means 200 USD can translate to a position of 100,000 USD.
Play a liquid market like DJIA futures, with a stop-loss. If it goes in the direction you have chosen, you quickly earn thousands in a matter of seconds and it keeps increasing at great pace if you're lucky. Otherwise you get stopped at a mild loss. Rinse and repeat.
But for those who feel they have nothing to lose, or are desperate for money: play financial markets with leverage. Let me explain.
A market can go in two directions only: up or down. It's a roulette with only two numbers. Far easier to win.
On most internet trading platforms you can get a leverage of up to 500:1. That means 200 USD can translate to a position of 100,000 USD.
Play a liquid market like DJIA futures, with a stop-loss. If it goes in the direction you have chosen, you quickly earn thousands in a matter of seconds and it keeps increasing at great pace if you're lucky. Otherwise you get stopped at a mild loss. Rinse and repeat.
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