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- Sun, 17 May 2015 13:03:24 EST 6eJbVqbN No.37480
File: 1431882204959.jpg -(136809B / 133.60KB, 1680x1050) Thumbnail displayed, click image for full size. Guidance
I just started using Thinkorswim w/ TD-Ameritrade.

>Junior in College
>Mathematics Mjr / Comp. Sci Mnr

I have $200 to invest and a summer to learn how to trade and start my portfolio. The platform is understandable but I'm still worried about how to go about my first investments.(so much new jargon). I want to save up enough to pay off at least 70k of student debt.

>scared noob
>just wanna make good savings with no debt

Asking for tips or opinions.
>>
Beatrice Climblelock - Tue, 19 May 2015 15:08:11 EST wnlzoEQ8 No.37482 Reply
$200 is nowhere near enough
>>
Jenny Geffingfuck - Wed, 20 May 2015 22:20:57 EST twjD60kq No.37483 Reply
>>37482
Given that it's a learning experience, $200 should be fine to start as long as OP considers it short term or puts more money in later.

...Oh wait, just reread the OP and 70k is probably a lot to ask for from this, especially with $200. Still could help them get started trading, though.
>>
Graham Gimmerstet - Wed, 20 May 2015 23:42:13 EST wnlzoEQ8 No.37485 Reply
>>37483

Most discount brokerages won't even let you open an account with that little of an amount of money. And you're not going to be able to buy anything substantial with $200, except for some super junky-ass ETFs or some ratty penny stocks. You might as well bet on horse races at that point.
>>
Eugene Billingcocke - Tue, 26 May 2015 03:27:56 EST JT+yCQEk No.37492 Reply
>>37491
the minimum account balance for forex accounts are typically six digits
if you find a place with no minimum, look them up because they are probably a scam

200 is no where near enough to invest in any real investment
set this idea aside until you have at least a spare $20000 to sink into this

if you're looking to learn, do fantasy trading. you use money that isnt real but you "invest" in stocks or currency crosses that are real. in doing this, you can gain experience in trading but without any of the losses that come with learning
>>
Shitting Druckleham - Tue, 26 May 2015 11:29:18 EST nuQ4QZNE No.37493 Reply
>>37491

Why not just gamble all your money away at the casino? Forex is basically the same thing.
>>
Shitting Pankinstene - Wed, 17 Feb 2016 11:31:43 EST 47j7rrfG No.37831 Reply
if you're a math/compsci major try getting a job as a quant, ie real traders tell you what patterns to look for, you build programs that identify said patterns in the markets.

would be the best way for you to learn tbh, get a job. that and start paper trading in your spare time.

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