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/biz/ - Business & Finance


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683346 No.683346 [Reply] [Original]

I need a loan, only about $400 to start trading forex.

I've been studying forex trading and demoing everyday, and I would be making some serious profits, but I'm not live and don't have the funds.

I'm currently unemployed, I lost my job when I was hospitalized in February, and I'm doing some small social media marketing for some clients I took with me when I lost my job at the media company.

Show me the way /biz/.

>> No.683353

Pawn shop.

>> No.683369

>>683353
Unfortunately I don't have anything to pawn. I just moved out on my own before I was hospitalized, and now I have nothing.

>> No.683370

>>683369
Credit card cash advance.

>> No.683375
File: 61 KB, 300x275, sad.jpg [View same] [iqdb] [saucenao] [google]
683375

>>683370
>Credit card cash advance.

No credit card, and bad credit. (Student loans, and previous credit card.)

>> No.683377

>>683375
You could always try Vinny down at the pool hall.

>> No.683380

>>683377
I agree with this. Vinny's a good fella.

>> No.683387
File: 642 KB, 684x2646, 20140906.png [View same] [iqdb] [saucenao] [google]
683387

>>683375
>bad credit
and why do you think I would loan you money retard?

When I was your age we pulled ourselves up by our bootstraps. I walked right up to the manager, looked him in the eye and gave him a firm handshake. That job bought this house. You better grow the fuck up mister, you won't get a union job like me anymore, you need a bachelors degree to get a job today. Now get out there and get some experience, kids these days are too lazy, they don't see that unpaid internships are the way to their success.

>> No.683389

>>683387

Hahaha, shut the fuck up with you "you better grow the fuck up mister", you don't know my life. I've been where you are, I've had that job. I'm starting something new and need a fresh start, so get off your high horse with you fancy bootstraps.

Yeah I'm in a bit of a struggle financially, and have poor credit. Don't you green text me about it.

Just trying to educate my self here, mayne.

>> No.683395

>>683389
if you take out a 400 dollar loan to start trading forex i guarantee you'll be out 400 bucks in two months

>> No.683397

>>683395
and Vinny down the pool hall will have another fuccboi in his list.

>> No.683401

>>683346
If you know how to trade options you get how ever much money you want, worst case senerio you would have to pay it back plus 20%, best case you will have to pay back nothing, in most cases you will only have to pay only a portion back.

This is how the upper class takes loans.

Your Welcome

>> No.683409

>>683401
Worst case scenario with options is unlimited liability.

>> No.683526

>>683409
You obviously don't know very much about Option Spread Strategies.

>> No.683624

So who wants to give me a loan? ;)

>> No.683636
File: 18 KB, 425x404, dur.jpg [View same] [iqdb] [saucenao] [google]
683636

>>683389

>> No.683681

>>683395
This. Stocks and investments aren't magic money schemes. Best bet is get a job and just invest in a mutual fund.

>> No.683689

>>683681
>c money schemes. Best bet is get a job and just invest in a mutual fund.

I never said they were magic. I'm just doing quite well with them. I don't think I'd be out 400 in 2 months.

What's your advice about investing in a mutual fund? Where'd you start? I assume you've some experience.

>> No.683771
File: 32 KB, 395x307, image_29.jpg [View same] [iqdb] [saucenao] [google]
683771

>>683387
Bachelor's degree? I make 250k a year.

>tfw I didnt need a degree.

Inb4 make sense faggot

>> No.683784

Without fail, every time somebody mentions how they want to start day/forex trading there's always the usual whiny morons who start to bitch about how it's a scam.

Disregard the negative nancies. They are just mad and coping with their impotent rage because they're too stupid to do it.

>> No.684077

>>683784
This. Without fail.

You have any forex experience?

>> No.684080

>>683689

be aware
i recently closed my mt4 account because the pricing on it was fucktarded. (had bid/ask lines on the chart, while having a trade box on top of the chart. guess what? the trade box had different prices than the bid/ask lines on my chart, while the trade box off the chart had entirely different prices.

i would go to place an order and every single time I would see price move magically in the wrong direction before my order went through but after i clicked it

>> No.684084

>>684080

I've noticed that before in a demo account. Is there a better platform than mt4?

>> No.684190

>>683346
So you're falling for a very old trick. ShadyFX inc. down in Panama let's you win on your demo account, luring you into opening up a real money account. Why so complicated? Why take the detour through the market? You could directly wire the FX broker some 400 $ and explain Vinny down the pool hall you fucked up.

What do you think will your impact be with 400 $ in the most liquid asset class ? Get a job.

On an unrelated note: I work as investment professional and during my whole career I've learned one thing for sure: Investments with borrowed money always end up in tears, sometimes with eviction.

>> No.684305

>>683346

>can't scrape together 400 quid

>u whot

i'd give it to you if you if you had a reasonable proposal but you really don't have a chance with forex.

i mean fuck dude you want money to turn your life around at the craps table. maybe reconsider. martingale will rape you hard and without lube. any other scheme you have may rape you more softly but you won't win a dime. you have no edge against computerized trading.

>> No.684516

>>684305

Scraping together and extra 400 quid isn't easy when you've got a shit load of bills and don't lurk in your mother's basement like a freeloader.

You have a better suggestion? You can shit on my idea to start making some financial changes and growth with forex, but only if you've got something better?

I have a job, it just pays the bills. I don't have any extra income.

>> No.684524

>>684516
Second job.

>> No.684525

It depends, how badly do you need your kneecaps?

>> No.684535 [DELETED] 

>>684516
1) show me your track record.

2) how about i open up an account for you with 400$. you trade and i get 10% of every profit you make. i will distract that money to another account. what you think?
we'd have to find a broker that allows forex trading and money can only be extracted to one certain account. also password cant be changed going through my email.

>> No.684536 [DELETED] 

>>684535
>also password cant be changed WITHOUT going through my email.

>> No.684539

>>684535
Only 10% of profits? That's rather generous.

>> No.684540

1) show me your track record.

2) how about i open up an account for you with 400$. you trade and i get a certain percentage we have to agree on based on your track record of every profit you make. i will distract that money to another account. what you think?
we'd have to find a broker that allows forex trading and money can only be extracted to one certain account. also password cant be changed without going through my email.

*changed my post a bit

>> No.684541

>>684539
clicked "post" too fast, i gotta admit

>> No.684543

>>683346
you only need a tiny bit and just leverage the fuck out of it, you cant come up with $50 over the course of a week

>> No.684550

>>684540
whoa, if this is an offer go with me buddy, I'll gladly post my gains all my money is devoted to oil right now

>> No.684551

>>683689
are you seriously asking for mutual fund advice AND claiming you can make money trading forex?

>> No.684553

>>684543

I have $50, but the minimum you need to get in with a broker is $100, and the broker I want has a minimum of $400. Thus where I came up with needing $400

>> No.684555

>>684550

shoot me an email and include what you do, your track record, etc.
convinceme@abusemail.de
thats a 24h email

we'll go from there

anybody is invited to do the same

>> No.684556
File: 93 KB, 880x601, forex overview.png [View same] [iqdb] [saucenao] [google]
684556

>>684550

>> No.684559

>>684555
ah will do

>> No.684561

>>684540

OP here. I'll take that. email me horton2002@yahoo.com

>> No.684569

anyone know how to filter out interest payments on oanda?

>> No.684570

>>684556
just opened a real email account at
jangeldgold@gmx.de
So in case anybody is considering and wants to shoot me an email tomorrow

>> No.684578

>>684570
sent my stats

>> No.684749
File: 655 KB, 460x426, 1425871348282.gif [View same] [iqdb] [saucenao] [google]
684749

>>683346
>I need a loan to gamble on something I can't afford

>>683375
>I have terrible credit but I'm totally good for it

>>683389
>Don't call me a manchild I am responsible with my money!! I just can't sell enough soda cans to make $400!!

>> No.684991

>>684516
How about finding a non-shit job?

>> No.685850

>>684540
Gentlemen and a scholar.

>> No.685853

>>684516
Maybe you should move back in with your parents.

Or atleast get a internet connection, a shitty job, and live on the streets. Trade at internet cafe/libraries.

One day you can be a millionaire and be inspiration story.

>> No.685929

>>685853

unlikely.

>> No.685933

We need to start spamming the word "PoorCore" in all threads like this

>> No.685936

>>685933

So I just used that word in another thread...

After saying it.. I realized we need an entire branded, stylized version of this:

PoorCore™

and maybe a logo

>> No.685938

>>685933
>>685936


see:
>>685884

>> No.686050

>>683346
do u use think or swim as your broker platform

>> No.686057

>>685933
>>685936
>>685938
I like it, a good opposite to wealthcore.

>> No.686148

>>684749
this

>> No.686150
File: 28 KB, 1080x1080, poorcore.png [View same] [iqdb] [saucenao] [google]
686150

>> No.686381

>>683377
This is good

>> No.686542

>>683346

go on shark tank

>> No.686564

>>683346
Anybody, with the most minimal business/finance experience can find $400 in a month without having to beg for it. You can literally find a minimum wage job, work a measly 15 hours a week and after taxes have a net income of at least $400 in one month.

It is because of your inability to acquire a measly $400 in start up capital that anybody with common sense has to question your ability to trade.

>> No.687802 [DELETED] 

¯

>> No.687808

>Taking out a loan $400 loan for Forex trading

#PoorCore

>> No.687815

>>686542
I'd actually like to see that. I'd imagine it would go something like the MLM pitch (I'd link it but it got pulled).

>> No.687817
File: 65 KB, 1280x800, MjoUveH.jpg [View same] [iqdb] [saucenao] [google]
687817

>>686150

I like this.. but it needs a ™.

Also.. I don't really like the use of the bear, because being bearish can make you a lot of money sometimes. During the 08 financial crisis there were bears that became multi-millionaires over night.

As a long as you don't always thing that America is going to crumble 24/7 and short everything at all times.. it can be a useful strategy for a managed fund. It's not for lazy folks... but it's not for poor people either.

Maybe the logo should be a begger with a LV hand bag...

>> No.687830

>>687817

If your personal finance is bearish...