How would you flip $10K-$15K?

[Ego Noir]

this is forex...

Its the same concept in a different market. Theres day trading, futures, forex, etc.

I choose forex cause it trades 24/6, everything else theres a limited window.

 

[aaaaaaa]

Babypips.com

Its a great tutorial on the game.

Thank me later.

How much money can u expect to make from this once u get good at it. Couple hundred a day?

 

[L&HH]

yea that thread was from the Lambo forums
http://www.lambopower.com/forum/index.php?showtopic=58618&hl=

Thats what got me buying the iPads.

I need to get better at spotting the deals.

yeah you're right it was originally posted in lambo, then someone in fastlane reposted it. I also join facebook groups. Literally as we type I seen a guy trying to sell an icloud locked iphone 5 32GB for 120. I told him 80. I can resell on ebay for 200. I think icloud lock and bad esn phones might be the best lick. Not many ppl want to touch them or would know what to do with them but they're still worth 200+ to somebody out there.

 

[Ego Noir]

How much money can u expect to make from this once u get good at it. Couple hundred a day?

You can never predict that.


But if youre a good trader you should average out about a ~10-15% return. How much money you make depends on how much money you put in.

I was on a trading forum a while back and theres a breh who pulled a 16000% return on his money in 5 months. not a typo. 16000%. He started with $500. Do the math...

But for every one of those type of guys theres 100 more who lost everything.

So get good enough to pull a 10-15% return, but the money is in getting a documented history of these returns and getting people to give you money to leverage, or join a prop trading firm to where that 10-15% becomes a nice healthy amount

Picture if that breh who started with $500 started with $10,000

You can also leverage your money (basically multiplying it 5x, or 10x), so when you win, you win 10x as much. But obviously its a two edged sword, you lose, you lose 10x as much as well. Dangerous game. This is corporate gambling.

 

[aaaaaaa]

You can never predict that.


But if youre a good trader you should average out about a ~10-15% return. How much money you make depends on how much money you put in.

I was on a trading forum a while back and theres a breh who pulled a 1600% return on his money in 5 months. He started with $500. Do the math...

But for every one of those type of guys theres 100 more who lost everything.

So get good enough to pull a 10-15% return, but the money is in getting a documented history of these returns and getting people to give you money to leverage, or join a prop trading firm to where that 10-15% becomes a nice healthy amount

Picture if that breh who started with $500 started with $10,000

You can also leverage your money (basically multiplying it 5x, or 10x), so when you win, you win 10x as much. But obviously its a two edged sword, you lose, you lose 10x as much as well. Dangerous game. This is corporate gambling.

Interesting. Interesting. Thanks for the hookup brah.

 

[jilla82]

yeah you're right it was originally posted in lambo, then someone in fastlane reposted it. I also join facebook groups. Literally as we type I seen a guy trying to sell an icloud locked iphone 5 32GB for 120. I told him 80. I can resell on ebay for 200. I think icloud lock and bad esn phones might be the best lick. Not many ppl want to touch them or would know what to do with them but they're still worth 200+ to somebody out there.

yea...im on fastlane.

What kind of FB groups? the buy and sell types? What should I search to find one locally.

Some of the local knucklehead kids setup a FB group where they were selling stolen bike parts...I should have bought all that shyt from them

 

[nomoreneveragain]

Sub $5 stocks your returns might be 15% but theres always the opportunity to double up or even better.

 

[L&HH]

yea...im on fastlane.

What kind of FB groups? the buy and sell types? What should I search to find one locally.

Some of the local knucklehead kids setup a FB group where they were selling stolen bike parts...I should have bought all that shyt from them

Im in the DMV so our groups are called DMV: Buy Sell Trade. DMV Electronics Exchange, etc.

Another deal, a dude had a broken Mid 2012 Macbook Pro. He had no clue what was wrong with it and he was selling for 150. I think you could sell that for parts on eBay for 300. Another dude saw me asking the first iphone 5s seller and he messaged me. Told me he had an iphone 5s icloud lock he would sell me for 70. So, if I did all these deals today I would have spent 300 and could have made back 700 at least, {shyt if I was able to find out what was wrong with the macbook I'd fix it myself and resell it for 600}. That's 400 in one day for hardly doing any work . I didn't even check what shyt I could have snagged off of craigslist. Currently most of my money is tied up so I probably won't buy any of this shyt unless they still have the items at the end of this week.

EDIT: shyt the dude with the iphone 5s who just hit me up literally lives right around the block from me . I'll probably buy it.

 

[REdefinition]

 

[Amare's Right Hook]

Casino, sports book

 

[Malik]

This is going to sound corny.....but read. Id hit the business section of the library or Barnes & Noble.....read like 10-20 different books. I guarantee after the fifth or sixth book, you'll start to get a idea of something you want to do. You'll get the direction you're seeking. Right now you're asking people to tell you how to make money and if someone is really making money doing something, they're not gonna tell you because for one, this is an open forum and for two, why would anyone tell you exactly how to compete against them and take away their business?

 

[Banned Account12]

LEGALLY. Everybody is not connected in the streets and most of us wouldn't want to take them risks anyway.

Serious suggestions/dialog please.

half a brick

or 10k worth of pints

 

[Grizzly]

dropshipping

 

[Hiphoplives4eva]

Fence. I know you said legally but fencing isnt that illegal and nobody will know if you dont get caught. Works best if you live in a big city. Find some teens/street cats. Tell them you're buying electronics, cameras, gold jewelry, phones, etc and you'll buy them on spot for a good price and give them cash. They'll start bringing you all kinds of shyt in no time. Find out how much the item is selling for on the internet, give them half the price, boom you doubled your cash.

Wholesaling. Buy in bulk and sell single items. You can do this with anything. But if you do it legally your profit margin is gonna be smaller. Try to hop on sales though. Go to like the polo factory outlet and buy a fukkload of polos then list them on ebay. Same for the nike and true religion outlet. Just look for crazy deals and snatch them up so you can resell.

You aint gon make no money in the stock market starting with 10k.

And honestly if you have a car slanging D is your best bet. There is SOOOOO much money in that shyt. As long as you don't use drugs yourself? You'll be taking home at least a couple hundred in profits a day. And since you have 10-15k that means your profit margin will be HUGE. You could even sell it for stupid deals, sell out in like a week or less, and still have like 10k in profits. All it takes is a little bit of street smarts and a car. Don't try to deal with gangsters if you aren't a gangster. Plenty of square users.

fukk out of here cac.

negged

 

[Hiphoplives4eva]

fukk all the dumb shyt. Use 5K and buy iphones. Resell them shyt internationally on ebay. Expect 30-40% returns easy. I'll probably use about 3K to do this very thing myself.