FatCat's Money Confessions

FatCat's MoneyConfessions - helping you save (& make) money, one click at a time

milo
milo
  • Male
  • Newcastle
  • Australia
Share on Facebook Share Twitter
  • Blog Posts
  • Discussions (4)
  • Groups
  • Photos
  • Photo Albums
  • Videos

Milo's Friends

  • JeffK
  • Mary M
 

Milo's Page

Profile Information

What is your Money Confession? (Your biggest money win or stuff up)
Put all I saved in my initial CFD trading & LOST $16,000 in 3 months !

Comment Wall (4 comments)

You need to be a member of FatCat's Money Confessions to add comments!

Join FatCat's Money Confessions

At 12:21pm on November 12, 2008, JeffKJeffK said…
When it comes to "trading", I'm into vanilla. Shares, leveraging with margin lending when necessary. So it's really investing not trading. Well, not even investing right now. At this stage I'm 100% in cash, having bailed in Sept last year. Best move I've ever made! ;)

I think there's a bit more pain to come, but at the end of the day, I'm happy to wait until the bull is back on top again. I don't worry about the 1st 20% or the last 20% - I just want the 60% in the middle.

While trading interests me, I just don't have the time to devote the attention that it requires, so I'm best off steering clear. I think this is one of the main reasons people lose money trading. They don't treat it like a business, and don't devote enough time to it. So they get burnt. Do you spend much time on it?
At 3:43pm on November 10, 2008, JeffKJeffK said…
Hey milo, was prob a great idea to put off CFDs with all the chaos that's been going on! You probably saved yourself a small fortune!
At 12:47am on September 18, 2008, JeffKJeffK said…
Hey Milo, how have things been going lately with your trading with all the chaos in the market?
JFK
At 12:39am on September 18, 2008, Mary MMary M said…
$20k a month wouldn't be bad! Will this all be through trading CFDs?
 
 
 

Latest Activity

Profile Icon
Sam is now a member of FatCat's Money Confessions Sunday
Profile Icon
Dre is now a member of FatCat's Money Confessions Feb 2
Profile Icon
Mark is now a member of FatCat's Money Confessions Jan 9
Profile Icon
Keith Musgrave replied to Nikky Simpson's discussion 'My Rate'
Hi Nikky, Apologies for the delay, I have been away on hols and a little time off due to illness. All better now. Has your' lender dropped their rates any further since we last communicated? Depending on your' total debt amount, you should…
Oct 20, 2011

FatCat news

How to Score Big Branding Wins

Big brand success is built on meaningful product or service innovation.

How To Have A Frugal (And Fabulous) February

Natalie P. McNeal is marking her fifth annual No-Buy Month, a project in which she swears off all non-essential purchases during February.

Chinese Deflation and Currency Depreciation Coming Soon

The last month that China saw a year-on-year decline in consumer prices was October 2009.

How to Deal With Really Tough Criticism: Five Steps

We rarely discuss dealing with criticism as a necessary part of leadership.

Ten Reasons NOT To Invest In Facebook

Financial Advisor, Rob Black, Wealth Preservation & Retirement Planning, points to a couple of red flags.

Badge

Loading…

© 2012   Created by FatCat.

Badges  |  Report an Issue  |  Terms of Service