LogFAQs > #954611121

Sunroof posted...

I dont mean this in a crude manner, but I sincerely dont get why people put forth this much effort and endure the stress that comes along with it to make anything less than $1,000 a month. Thats why I asked those who had AMC whether they put in at least 25% of their portfolio into it.

Im probably just naive to how important a couple hundred dollars is to some people since I havent ever had to worry about money.

Well some of us do make more than $1000 a month with less money

But you do have to do higher downside plays to do that with less starting capital. Which is pretty much why it is easier

To put things in perspective I went from 600 to 5k (actually 3500 now!). If I had done the same maneuver with 6000, I would have an easy cash out right now for a 29000 profit.

Now you say with 6000 I'd be more prone to a panic sell but keep in mind I'm only throwing at these things what I'm feeling safe to lose. If my total value is 10x what it is now then risking 6k has a lot less weight than it would in my current position

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No problem!
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