(Source: imgflip)
In 24 years that I've been investing, I've tried every get rich quick strategy.
- momentum trading (started in the tech bubble)
- day trading (during the tech bubble recession)
- currency trading (naturally uses very high leverage of 10 to 100X)
- commodities futures (also uses leverage)
- speculative options (up to 1000X leverage depending on the contract)
Did I ever make any money? You bet. I once made $170K in a single day on speculative Apple options ahead of earnings. I then lost it all (well, $132K) the very next day when Apple missed expectations for