As an aside, my point here is that the notion that traders lose money is not as true as we often think. First of all, it’s important to understand that in order to make profits, one must put yourself in a position where you are trading at the time the profit needs to occur. In other words, if you are trading when interest rates are low, you can lose money. (This is the case for all types of stock trading.) If you are trading when the interest rate is high, you are much more likely to make money.
So even if your margin requirements make sense, and you have a decent amount of money, your losses will be a lot higher than your costs. And that is assuming those losses are as far as you can make them. For example, trading 1.1% down is a big risk for someone who makes $3,500 per week. I’m not implying that risk is zero, but it is much bigger. And that is without including the amount of income loss, which is higher.
For more information and advice, check out my post on how to trade in a negative fashion.
Here’s a great little video for some basic information on leverage and profit:
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Welcome to another edition of Our Favorite People in Movies! This month brings us the star-studded cast and crew of The Big Lebowski starring Jeff Bridges, Jeff ‘The Dude’ Lebowski, Michael Imperioli, David Cross, Michael K. Williams, and Peter Stormare. Now on to the rest of who made this one awesome flick! All this week, we’re featuring the most entertaining faces who played one of the many weirdos in the flick, or were part of the main cast. If you don’t like that kind of thing, don’t take it too serious, there are probably a few moments of humor in here for you. So kick back, relax and enjoy!
This week’s featured cast member:
The Canadian Press
OTTAWA — A senior Liberal cabinet minister says Canada shouldn’t use the threat of cyberattacks to bully countries to improve the flow of information around the world.
Treasury Board President Scott Brison’s blunt remarks came after a U.S. Senate committee on the national cyber security sector this week published a report questioning the economic advantage of the U.S.