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Problem is I'm in college, capital isnt huge and this could at least make me some money that i could trade.
My friend started a firm about 6 years ago and had a private placement offering and has continued to do this ever since making good money day trading futures with ridiculous returns. He wants me to start working for him and I obviously know it's not a scam, but his new fiscal year is coming up and he has a higher target for what he wants to trade in 2016 and wants me to help him raise capital. Is it worth trying to almost become a wholesale seller to financial advisors? I'd make good money if I were to do it, but I'm not sure what approach I should be going for since it's a day trading fund, even with his returns I don't know who would go for it?
My friend started a firm about 6 years ago and had a private placement offering and has continued to do this ever since making good money day trading futures with ridiculous returns. He wants me to start working for him and I obviously know it's not a scam, but his new fiscal year is coming up and he has a higher target for what he wants to trade in 2016 and wants me to help him raise capital. Is it worth trying to almost become a wholesale seller to financial advisors? I'd make good money if I were to do it, but I'm not sure what approach I should be going for since it's a day trading fund, even with his returns I don't know who would go for it?
I see 108 by eod tomorrow
Why does apple always drop to start the day, its almost every single day
Not saying it will, just doesnt sound crazy, apple defies most people a fair amount of times.
Ok, well $150.00 by the end of the year doesn't sound incredibly crazy does it?
150 by when??
Now let's hope it drops some more so i can buy around 1.80
I just dont see this breaking out upward very far, if it breaks upward it hits 2.10 tops then tumbles. The only good news for oil this week has been countered with worse news, gotta be patient.
Ya, too many variables this weekend i doubt i enter
Im out, cut my losses, will to wait and see where this goes.
Ya if oil breaks 51, itll tumble
Ya i have my stop in, may get back in monday, but i have to make up for this week.
I hit right on the nose, 52.00 to start the day, today will be a little better than yesterday.
52.00+ would be a good start tomorrow
Its like a straddle option, sell uwti high, wait for it to drop, then sell dwti, profit is the difference, hence why he said its needs to be volatile.
I was going to buy UGAZ at 2.00 or UWTI at 2.18, I made the wrong choice, lol, i hope you're right.
Yup, same here, probably should have sold yesterday, but the inventory lowering gave me hope of more profit, could have made much more if i sold.
Yeesh rough day
Pretty tight bubble, interesting to see which way it breaks.
Should have sold yesterday, ah oh well, may need the rest of the week.
Why? If they grew more than expected?
Ya uwti up to 2.28, oil could test 53.50 before tonights over, looking like 54+ could be reality tomorrow.
Yup ended close to where I thought, would love to see it test 54 tomorrow, UWTI getting to 2.35+
I see oil hitting around 54 first, then dropping, possibly testing $50.
We have to get past 53.50 first, may be soon.
Ya not sure it can get that high, needs a big run, plus so much in the news, i doubt we get that run. I expect it a little over 53 for oil.
That'd be my high end, would need to hit 53.60+
Most likely EOD at 52.95-53.05 is my guess, UWTI at 2.25
Here comes the next test for 53, hopefully we see this at 53.50 by the end of the day.
Didnt pass 53 too well will probably test again
Would like to see it break 2.30 by the end of tomorrow, not sure if it will happen though.
Well its past 52.50 now, lets see how far we can get
I see this staggering between 52.00-52.50 the whole day, robos too strong
Me too brother.
Why is UWTI down when every other crude oil is up, and up 2%+
Yup, i dont believe the risk would be worth it
Not if they continue to dump until r/s
Oh ok.