Get started trading with only 1000 dollars

If you do stray from vanguard, however, be sure to check the details of the index fund.

Actual forex bonuses

How To Start Investing With Just $1,000, get started trading with only 1000 dollars.

While these funds generally are less expensive than actively managed funds, some do come with high fees. For example, the T. Rowe price equity index 500 fund (PREIX) sports an expense ratio of 27 basis points. There's simply no reason to pay this much for an S&P 500 index fund. While I'm partial to vanguard, there are other options with lower minimum investment requirements. For example, the schwab S&P 500 index fund (SWPPX) has an expense ratio of 9 basis points and a minimum investment of just $100.

How to start investing with just $1,000

Recently a forbes reader I'll call susan emailed me about how to get started investing. Here's what she said:

I just turned 18 years old, and would like to invest young so that I can have life-long investments. I'm interested in investing in mutual funds, and somewhere where there will not be outrageously high trading fees or commissions. It would need to be somewhere that can accept a minimum of $1,000, which is what I am having trouble with finding. Being extremely new at this, I have no clue how to compare multiple companies, or which company will be the most beneficial in the long run. I was wondering if you had any recommendations or advice for a beginner like me? I read your article [I believe she was referring to this one on how to invest for the first time], but I am still at a loss for which company I should go with. If possible, it would mean a great deal to me if you could help me. Thank you very much.

Two things stand out in susan's email. First, she recognizes the importance of investing at a young age. The power of compounding has three ingredients: (1) the amount of money invested; (2) the after-fee, after-tax return; and (3) time. They say that time heals all wounds. I'm not sure if that's true, but it certainly is the fuel that drives the power of compounding.

HENGELO, NETHERLANDS - MAY 22: lawrence clarke of great britain waits in the starting block in the . [+] 110m hurdles men during the AA drink FBK games held at the FBK stadium on may 22, 2016 in hengelo, netherlands. (photo by dean mouhtaropoulos/getty images)

Second, she recognizes the importance of keeping fees low. Expensive mutual funds or investment advisors, or both, can easily deplete enormous amounts of wealth. It's for this reason that the cost of mutual funds and an investment advisor combined should never exceed 50 basis points (that's one-half of one percent). This of course eliminates most investment advisors (even fee-only fiduciaries) from consideration.

So what are susan's options? How do we find low cost investments with just $1,000 to get started? Fortunately there are several great options.

The starting point is vanguard. Founded by john bogle, vanguard introduced the world to low cost index mutual fund investing. These funds track various indices such as the S&P 500. They give investors excellent diversification at rock-bottom prices. Further, study after study after study shows that over the long term, index funds outperform actively managed funds on an after-fee, after-tax basis.

Most of vanguard's funds require a $3,000 minimum investment. One option would be to save up $3,000 and then start with the vanguard S&P 500 fund (VFINX). Alternatively, the vanguard target date retirement fund series has a $1,000 minimum. These funds allocate an investor's money into four mutual funds, covering U.S. And foreign stocks and U.S. And foreign bonds. Further, the allocation among these four asset classes gradually changes as the investor nears retirement.

Other fund companies

While I'm partial to vanguard, there are other options with lower minimum investment requirements. For example, the schwab S&P 500 index fund (SWPPX) has an expense ratio of 9 basis points and a minimum investment of just $100.

If you do stray from vanguard, however, be sure to check the details of the index fund. While these funds generally are less expensive than actively managed funds, some do come with high fees. For example, the T. Rowe price equity index 500 fund (PREIX) sports an expense ratio of 27 basis points. There's simply no reason to pay this much for an S&P 500 index fund.

Robo advisors

Another option is to use one of several robo advisors. The two most popular are betterment and wealthfront. These online investment advisors make investing small amounts of money incredibly easy. Similar to vanguard's target date retirement funds, betterment and wealthfront allocate an investor's money across multiple asset classes. They use low cost etfs, many from vanguard.

The investor's job is to decide on the stock and bond allocations. Both betterment and wealthfront have tools to help investors make that decision. For a young adult investing for the long-term, a portfolio heavily favoring stocks is ideal. Once the stock/bond allocation is set, the robo advisor does the rest. It allocations the investment across multiple etfs, rebalances the portfolio periodically, and reinvests dividends.

The robo advisors do charge a fee over and above the cost of the etfs. These fees generally range from 15 to 25 basis points. The cost of the etfs are generally less than 10 basis points. The resulting total fees fall well below our maximum of 50 basis points. Betterment does not have a minimum requirement. Wealthfront's minimum is just $500.

A word about asset allocation

It can be difficult to allocate investments across multiple asset classes when you have just $1,000 to invest. Using a target date retirement fund or a robo advisor can solve this problem. There is, however, another solution. Start with an S&P 500 index fund.

As your portfolio grows, you'll likely want exposure to foreign stocks, and perhaps emerging markets, reits and small company stocks. And over time you'll likely want to include some bond funds in your portfolio. Initially, however, an S&P 500 index fund is a perfect place to start investing.

Is $1000 enough to start trading?

Last updated: june 29, 2020

You don’t have a ton of money to spare.

Perhaps you’ve just started working.

Or maybe you’re still studying.

Can I start trading with $1000?

The answer is, yes and no. It depends on the instruments you’re trying to trade.

In this post, I’ll share with you the financial instruments which are feasible to trade with a $1000 account and those which are not.

But first, let’s understand what trading is all about…

What is trading?

Trading refers to the buying and selling of financial securities, in an attempt to earn a profit over time.

The various types of trading are:

Day trading – traders who seek to capture intraday volatility, typically closing their trades within a day.

Swing trading – traders who seek to capture swings in the market, typically holding their trades for few days to weeks.

Position trading – traders who seek to capture trends in the market, typically holding trades for weeks to months.

In order to be profitable, you need to an edge in the markets and allows the law of large number to work in your favor.

You’re probably wondering, what is an edge?

The elusive edge traders are talking about

An edge is when you have a set of trading rules that yields a positive expectancy over time.

Expectancy can be defined as:

(winning % * average win) – (losing % * average loss) – (commission + slippage)

If you have a positive expectancy after 100 trades, then you possibly have an edge in the markets.

Having an edge alone is not enough.

You also need to allow the law of large number to work in your favor.

The law of large number and why it matters

The law of large numbers is a theorem that describes the result of performing the same experiment a large number of times. According to the law, the average of the results obtained from a large number of trials should be close to the expected value and will tend to become closer as more trials are performed. – probability theory

In other words, your trading results are random in the short run but will be closer to your expected value in the long run.

Even if you have an edge in the markets, you can expect to lose over the next 10 trades.

But after 100 trades or more you can expect to be close to your positive expectancy.

Toss your coin 10 times and check how many percent of the time it comes up head or tail.

Now toss your coin 100 times and check how many percent of the time it comes up head or tail.

Do this simple exercise and you’d understand what the law of large number is all about.

Now here comes the important part…

Proper risk management so you don’t blow up your account

Now that you’ve realized your trading results are random in the short run, how does this impact your trading?

This means you will encounter losing streaks. And the last thing you want is to empty your trading account during a losing streak.

Looking at the risk of ruin table, if you lose 50% of your trading capital, you need to make back 100% just to break even.

So how do you prevent the risk of ruin?

Risk no more than 1% of your account on each trade.

If you have $1000 account, this means you cannot lose more than $10 on each trade.

Now with only $10 to risk per trade, what can you trade?

Which financial instruments can you trade?

Following the 1% rule will prevent your risk of ruin.

But given a $1000 account size, it reduces your option to trade different financial instruments.

Stocks

Minimum size: 100 shares

Transaction cost: $50 per round trip (round trip means buy and sell)

The transaction cost itself is more than your risk per trade. Recall you can only risk $10 per trade.

Your transaction costs eat up 5% of your return before you’ve even started trading. And if you’re making 40 trades per year, you need a return of 200% just to break even.

Clearly trading stocks is not feasible.

Futures

Transaction cost: $10 per round trip

Your transaction costs eat up 1% of your return before you’ve even started trading. And if you’re making 40 trades per year, you need a return of 40% just to break even.

Clearly, trading futures is not feasible either.

Forex

Minimum size: 1000 units

Transaction cost: average 3 pips (which is about 30 cents)

Now you’re onto something.

Your transaction cost is now a fraction of your risk per trade.

Your trade requires a stop loss of 50 pips. Since each pip is worth 10 cents, this equates to a risk of $5.

Adding transaction cost…

…your total risk is $5 + 30 cents = $5.3 (this amount is lower than the $10 risk per trade we set earlier)

Trading forex is feasible with a $1000 account.

If you want to know which instruments you can trade safely, just do this:

1. Calculate how much you will lose if you get stopped out of your trade

2. Calculate your transaction cost

Add 1 & 2 together, if it’s below 1% of your trading account, the instrument is feasible to trade.

How much can I turn $1000 into?

This is the truth…

The reality of trading is this…

You need money to make money.

If you have a profitable trading system averaging 15% return a year:

$1000 account will make you $150.

$10,000 account will make you $1500.

$100,000 account will make you $15,000.

$1m account will make you $150,000.

But I’ve heard stories of traders turning $1000 into $100,000…

It’s possible. But they conveniently forget to tell you the number of trading accounts they blow up along the way.

Frequently asked questions

#1: what timeframe do you suggest for a $1,000 capital since daily candles can be quite long and the 1% rule would mean that the stop loss is extremely tight?

If you have a $1,000 trading account and you risk 1%, that would be $10. So if you go with a broker which offers nano-lots, it might be possible to be trading off the daily timeframe.

Else, you can go into the 4-hour timeframe.

#2: with a $1,000 account, will I be able to trade cfds of markets like wheat, cocoa, oil, metals, bonds, etc.?

It depends on the broker and the margin required to trade the cfds of those markets.

Conclusion

Trading is more than just random buying/selling.

If you want to be a consistently profitable trader, you must understand what is your edge, and how the law of large number works.

You will encounter losing streaks, and only proper risk management will prevent the risk of ruin.

A guideline is to risk no more than 1% of your account on each trade.

But if you have $1000, only the forex market is feasible to trade, and still follow proper risk management.

The other markets will incur a higher transaction cost and the minimum size is too large relative to your $1000 account.

So, what else can you trade with a $1000 account?

Do you want to learn a new trading strategy that allows you to profit in bull & bear markets?

In my FREE trading course (valued at $48), I will teach you this powerful trading strategy step by step, along with charts and examples.

How to start investing in stocks: A beginner's guide

Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Investing is a means to a happier ending. Legendary investor warren buffett defines investing as "…the process of laying out money now to receive more money in the future." the goal of investing is to put your money to work in one or more types of investment vehicles in the hopes of growing your money over time.

Let's say that you have $1,000 set aside, and you're ready to enter the world of investing. Or maybe you only have $10 extra a week, and you'd like to get into investing. In this article, we'll walk you through getting started as an investor and show you how to maximize your returns while minimizing your costs.

Key takeaways

Investing is defined as the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Unlike consuming, investing earmarks money for the future, hoping that it will grow over time.

Investing, however, also comes with the risk for losses.

Investing in the stock market is the most common way for beginners to gain investment experience.

What kind of investor are you?

Before you commit your money, you need to answer the question, what kind of investor am I? When opening a brokerage account, an online broker like charles schwab or fidelity will ask you about your investment goals and how much risk you're willing to take on.

Some investors want to take an active hand in managing their money's growth, and some prefer to "set it and forget it." more "traditional" online brokers, like the two mentioned above, allow you to invest in stocks, bonds, exchange traded funds (etfs), index funds, and mutual funds.

Online brokers

Brokers are either full-service or discount. Full-service brokers, as the name implies, give the full range of traditional brokerage services, including financial advice for retirement, healthcare, and everything related to money. They usually only deal with higher-net-worth clients, and they can charge substantial fees, including a percent of your transactions, a percent of your assets they manage, and sometimes a yearly membership fee. It's common to see minimum account sizes of $25,000 and up at full-service brokerages. Still, traditional brokers justify their high fees by giving advice detailed to your needs.

Discount brokers used to be the exception, but now they're the norm. Discount online brokers give you tools to select and place your own transactions, and many of them also offer a set-it-and-forget-it robo-advisory service too. As the space of financial services has progressed in the 21st century, online brokers have added more features, including educational materials on their sites and mobile apps.

In addition, although there are a number of discount brokers with no (or very low) minimum deposit restrictions, you may be faced with other restrictions, and certain fees are charged to accounts that don't have a minimum deposit. This is something an investor should take into account if they want to invest in stocks.

Robo-advisors

After the 2008 financial crisis, a new breed of investment advisor was born: the robo-advisor. Jon stein and eli broverman of betterment are often credited as the first in the space. their mission was to use technology to lower costs for investors and streamline investment advice.

Since betterment launched, other robo-first companies have been founded, and even established online brokers like charles schwab have added robo-like advisory services. According to a report by charles schwab, 58% of americans say they will use some sort of robo-advice by 2025. if you want an algorithm to make investment decisions for you, including tax-loss harvesting and rebalancing, a robo-advisor may be for you. And as the success of index investing has shown, if your goal is long-term wealth building, you might do better with a robo-advisor.

Investing through your employer

If you’re on a tight budget, try to invest just 1% of your salary into the retirement plan available to you at work. The truth is, you probably won't even miss a contribution that small.

Work-based retirement plans deduct your contributions from your paycheck before taxes are calculated, which will make the contribution even less painful. Once you're comfortable with a 1% contribution, maybe you can increase it as you get annual raises. You won't likely miss the additional contributions. If you have a 401(k) retirement account at work, you may already be investing in your future with allocations to mutual funds and even your own company's stock.

Minimums to open an account

Many financial institutions have minimum deposit requirements. In other words, they won't accept your account application unless you deposit a certain amount of money. Some firms won't even allow you to open an account with a sum as small as $1,000.

It pays to shop around some and to check out our broker reviews before deciding on where you want to open an account. We list minimum deposits at the top of each review. Some firms do not require minimum deposits. Others may often lower costs, like trading fees and account management fees, if you have a balance above a certain threshold. Still, others may give a certain number of commission-free trades for opening an account.

Commissions and fees

As economists like to say, there's no free lunch. Though recently many brokers have been racing to lower or eliminate commissions on trades, and etfs offer index investing to everyone who can trade with a bare-bones brokerage account, all brokers have to make money from their customers one way or another.

In most cases, your broker will charge a commission every time that you trade stock, either through buying or selling. Trading fees range from the low end of $2 per trade but can be as high as $10 for some discount brokers. Some brokers charge no trade commissions at all, but they make up for it in other ways. There are no charitable organizations running brokerage services.

Depending on how often you trade, these fees can add up and affect your profitability. Investing in stocks can be very costly if you hop into and out of positions frequently, especially with a small amount of money available to invest.

Remember, a trade is an order to purchase or sell shares in one company. If you want to purchase five different stocks at the same time, this is seen as five separate trades, and you will be charged for each one.

Now, imagine that you decide to buy the stocks of those five companies with your $1,000. To do this, you will incur $50 in trading costs—assuming the fee is $10—which is equivalent to 5% of your $1,000. If you were to fully invest the $1,000, your account would be reduced to $950 after trading costs. This represents a 5% loss before your investments even have a chance to earn.

Should you sell these five stocks, you would once again incur the costs of the trades, which would be another $50. To make the round trip (buying and selling) on these five stocks would cost you $100, or 10% of your initial deposit amount of $1,000. If your investments do not earn enough to cover this, you have lost money by just entering and exiting positions.

If you plan to trade frequently, check out our list of brokers for cost-conscious traders.

Mutual fund loads (fees)

Besides the trading fee to purchase a mutual fund, there are other cost associated with this type of investment. Mutual funds are professionally managed pools of investor funds that invest in a focused manner, such as large-cap U.S. Stocks.

There are many fees an investor will incur when investing in mutual funds. One of the most important fees to consider is the management expense ratio (MER), which is charged by the management team each year, based on the number of assets in the fund. The MER ranges from 0.05% to 0.7% annually and varies depending on the type of fund. But the higher the MER, the more it impacts the fund's overall returns.

You may see a number of sales charges called loads when you buy mutual funds. Some are front-end loads, but you will also see no-load and back-end load funds. Be sure you understand whether a fund you are considering carries a sales load prior to buying it. Check out your broker's list of no-load funds and no-transaction-fee funds if you want to avoid these extra charges.

In terms of the beginning investor, the mutual fund fees are actually an advantage relative to the commissions on stocks. The reason for this is that the fees are the same, regardless of the amount you invest. Therefore, as long as you meet the minimum requirement to open an account, you can invest as little as $50 or $100 per month in a mutual fund. The term for this is called dollar cost averaging (DCA), and it can be a great way to start investing.

Diversify and reduce risks

Diversification is considered to be the only free lunch in investing. In a nutshell, by investing in a range of assets, you reduce the risk of one investment's performance severely hurting the return of your overall investment. You could think of it as financial jargon for "don't put all of your eggs in one basket."

In terms of diversification, the greatest amount of difficulty in doing this will come from investments in stocks. As mentioned earlier, the costs of investing in a large number of stocks could be detrimental to the portfolio. With a $1,000 deposit, it is nearly impossible to have a well-diversified portfolio, so be aware that you may need to invest in one or two companies (at the most) to begin with. This will increase your risk.

This is where the major benefit of mutual funds or exchange-traded funds (etfs) come into focus. Both types of securities tend to have a large number of stocks and other investments within the fund, which makes them more diversified than a single stock.

The bottom line

It is possible to invest if you are just starting out with a small amount of money. It's more complicated than just selecting the right investment (a feat that is difficult enough in itself) and you have to be aware of the restrictions that you face as a new investor.

You'll have to do your homework to find the minimum deposit requirements and then compare the commissions to other brokers. Chances are you won't be able to cost-effectively buy individual stocks and still be diversified with a small amount of money. You will also need to make a choice on which broker you would like to open an account with.

Day trading tips for beginners

Image by brianna gilmartin © the balance 2019

As with starting any career, there is a lot to learn when you're a day trading beginner. Not only will you need to decide what to trade and how much capital you'll need, but you'll have to get the proper equipment and software, determine when to trade, and of course, how to manage your risk.

Here are some tips to steer you in the right direction as you start your journey.

Picking a day trading market

All markets offer profit potential. Therefore it often comes down to how much capital you need to get started. Don't try to master all markets at once. This will divide your attention, and it may take longer to make money. Pick one market so that you can focus your learning. Once you learn to make money in one market, it is easier to adapt to learn other markets. So, be patient.

You may already have a market in mind, but here's the background in a nutshell. It comes down to what you like, but also what you can afford.

The foreign exchange market, where you're trading currencies such as the euro and U.S. Dollar (EUR/USD), requires the least capital. You can get started with as little as $50, although starting with more is recommended.

Trading certain futures markets may only require $1,000 to get started. There is also a wide assortment of futures available to trade. These are often based on commodities or indexes such as crude oil, gold, or S&P 500 movements.

Day trading stocks requires at least $25,000, making this a more capital-intensive option.

A pattern day trader executes four or more "day trades" within five business days.

Equipment and software for day trading beginners

You need a few basic tools to day trade:

Computer or laptop

Having two monitors is preferable, but not required. The computer should have enough memory and a fast enough processor that when you run your trading program (discussed later) there is no lagging or crashes.

You don't need a top-of-the-line computer, but you don't want to cheap out either. Software and computers are constantly changing, so make sure your computer is keeping up with the times. A slow computer can be costly when day trading, especially if it crashes while you are in trades or its slowness causes you to get stuck in trades.

Reliable, quick internet connection

Day trading isn't recommended with a sporadic internet connection. You should be using at least a cable or ADSL-type internet connection. Speeds vary across these types of services, so strive for at least a mid-range internet package.

The slowest speed offered by your internet provider may do the job, but if you have multiple web pages and applications running, then you may notice your trading platform isn't updating as quickly as it should. If your internet goes down a lot, see if there is a more reliable provider.

A trading platform

Download several trading platforms and try them out. Since you are a beginner, you won't have a well-developed trading style yet, so just try a few that your broker offers and see which you like best.

Keep in mind you may change your trading platform more than once within your career, or you may alter how it is set up to accommodate your trading progress. Ninjatrader is a popular day trading platform for futures and forex traders. There are loads of stock trading platforms.

For forex and futures traders, one of the best ways to practice is using the ninjatrader replay feature, which lets you trade historical days as if you were trading in real time.

A broker

Your broker facilitates your trades, and in exchange charges you a commission or fee on your trades. Day traders want to focus on low-fee brokers since high commission costs can ruin the profitability of a day trading strategy.

That said, the lowest fee broker isn't always best. You want a broker that will be there to provide support if you have an issue. A few cents extra on a commission is worth it if the company can save you hundreds or thousands of dollars when you have a computer meltdown and can't get out of your trades.

Major banks, while they offer trading accounts, typically aren't the best option for day traders. Fees are typically higher at major banks, and smaller brokers will typically offer more customizable fee and commission structures to day traders.

When to day trade

As a day trader, both as a beginner and a pro, your life is centered around consistency. One way to generate consistency is to trade during the same hours each day.

While some day traders trade for a whole regular session (9:30 a.M. To 4 p.M. EST, for example, for the U.S. Stock market), most only trade for a portion of the day. Trading only two to three hours per day is quite common among day traders. Here are the hours you'll want to focus on:

For stocks, the best time for day trading is the first one to two hours after the open, and the last hour before the close. You want to get good at trading between 9:30 a.M. And 11:30 a.M. EST because this is the most volatile time of the day, offering the biggest price moves and most profit potential. Some sizable moves also occur during the last hour of the day—3 p.M. To 4 p.M. If you only want to trade for an hour or two, trade the morning session.

For day trading futures, around the open is a great time to day trade. Active futures see some trading activity around the clock, so good day trading opportunities typically start a bit earlier than in the stock market. Focus on trading between 8:30 a.M. And 11 a.M. EST. Futures markets have official closes at different times, but the last hour of trading also typically offers sizable moves to capitalize on.

The forex market trades 24 hours a day during the week. The EUR/USD is the most popular day trading pair. This currency pair typically records greater trading volumes between 1 a.M. And noon EST., when the london markets are open. And the hours of 7 a.M. To 10 a.M. EST typically produce the biggest price moves because both the london and new york markets are open.

As a day trader, you don't need to trade all day. You will probably find more consistency by only trading two to three hours a day.

Manage your day trading risk

Before you go any further, you need to know how to control risk. Day traders should control risk in two ways: trade risk and daily risk.

Trade risk

Trade risk is how much you are willing to risk on each trade. Ideally, risk 1% or less of your capital on each trade. This is accomplished by picking an entry point and then setting a stop loss, which will get you out of the trade if it starts going too much against you.

The risk is also affected by how big of a position you take, so learn how to calculate the proper position size for stocks, forex, or futures. Factoring in your position size, your entry price, and your stop loss price, no single trade should expose you to more than a 1% loss in capital.

Daily risk

Just as you don't want a single trade to cause a lot of damage to your account (hence the 1% rule), you also don't want one day to ruin your week or month. Therefore, set a daily loss limit. One possibility is to set it at 3% of your capital. If you are risking 1% or less on each trade, you would need to lose three trades or more (with no winners) to lose 3%. With a sound strategy, that shouldn't happen very often. Once you hit your daily cap, stop trading for the day.

Once you are consistently profitable, set your daily loss limit equal to your average winning day. For example, if you typically make $500 on winning days, then you are allowed to lose $500 on losing days. If you lose more than that, stop trading. The logic is that we want to keep daily losses small so that the loss can be easily recouped by a typical winning day.

Practicing strategies for day trading beginners

When you start, don't try to learn everything about trading at once. As a day trader, you only need one strategy that you implement over again and again. You don't need to know it all. Find one strategy that provides you with a method for entry, for setting a stop loss and for taking profits. Then, go to work on implementing that strategy in a demo account.

A day trader's job is to find a repeating pattern (or that repeats enough to make a profit) and then exploit it.

No matter which market you trade, use a demo account to practice your strategy. This lets you practice all day if you want, even when the market is closed. No two days are the same in the markets, so it takes practice to be able to see the trade setups and be able to execute the trades without hesitation. Practice for at least three months before trading real capital. Only when you have at least three months in a row of profitable demo performance should you switch to live trading.

From demo to live trading

Most traders notice a deterioration in performance from when they switch from demo trading to live trading. demo trading is a good practice ground for determining if a strategy is viable, but it can't mimic the actual market precisely, nor does it create the emotional turmoil many traders face when they put real money on the line.

Therefore, if you notice that your trading isn't going very well when you start to live (compared to the demo), know that this is natural.

As you become more comfortable trading real money, increase your position size up to the 1% threshold discussed above. Also, continually bring your focus back to what you have practiced and implement your strategies precisely. Focusing on precision and implementation will help dilute some of the strong emotions that may negatively affect your trading.

7 quick ways to make money investing $1,000

Free book preview money-smart solopreneur

If you're sitting on at least $1,000 and it's scratching an itch in your pocket, consider investing it rather than spending it on something frivolous. But the question that then beckons us is: can you really make money quickly investing with just $1,000?

The answer to that is a resounding, "yes."

While there are plenty of ways you can make money fast by doing odd jobs or generating it through things like affiliate marketing or email marketing, actually making money by investing with just $1,000 might present more challenges, and frankly, more risks. That is, of course, unless you know what you're doing.

However, all risks aside, even if you're living paycheck-to-paycheck, you still may be able to conjure up $1,000 to put towards an investment if you're creative.

Before you dive in, there are some mindset principles that you need to adhere to. Moving beyond the scarcity mentality is crucial. Too many of us live our lives with the notion that there's never enough of things to go around -- that we don't have enough time, money, connections or opportunities to grow and live life at a higher level.

That's just a belief system. Think and you shall become. If you think you can't get rich or even make a sizable amount of money by investing it into lucrative short-term investment vehicles, then it's much more of a mindset issue than anything else. You don't need to invest a lot of money with any of the following strategies.

Sure, having more money to invest would be ideal. But it's not necessary. As long as you can identify the right strategy that works for you, all you need to do is scale. It's similar to building an offer online, identifying the right conversion rate through optimization, then scaling that out. If you know you can invest a dollar and make two dollars, you'll continue to invest a dollar.

Start small. Try different methods. Track and analyze your results. Don't get so caught up on how you're going to get wildly rich overnight. That won't happen. But if you can leverage one of the following methods to make money by investing small, short bursts of capital, then all you have to do is scale -- plain and simple. You don't have to overthink it.

How to invest $1,000 to make money fast

If you have $1,000 to invest, you can make money a variety of ways. But there are some methods that trump others. The play here is speed. We're not talking about long-term, buy-hold strategies. Those are terrific if you're looking to invest your capital over at least a two- to five-year period. We're talking about ways you can make money fast.

Even when it comes to markets that might take time to move or have longer cycles, investments can often turn into realized profits and quick gains by leveraging the right strategies. What's the right strategy? Sure, long-term works. Real estate and other time-intensive strategies will eventually get you there.

Raghee horner of simpler futures says that "long-term interest rates are the next big trade," while jim cramer of mad money says that "there are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion." by jumping in and out of long-term investments like that, you're far more likely to lose your shirt than if you time your short-term plays just right.

It's not so much about trying to catch the latest trend. It's not about becoming a webinar guru like jason fladlien or liz benny -- or even building out sales funnels or optimizing your conversions. Investing your money is more about paying careful attention to indicators that can really move the needle in the short-term as opposed to the longer term. It's also about leveraging and hedging your investments the right way without putting too much risk on the line.

That doesn't mean that you don't need a long-term strategy. You definitely do. But if you're looking to create some momentum and generate some capital quickly, in the near-term, then the following investment strategies might help you do just that.

1. Play the stock market.

Day trading is not for the faint of heart. It takes grit and determination. It takes understanding the different market forces at play. This isn't something intended for amateurs. But, if learned and learned well, it is a way where you can quickly -- within the span of hours -- make a significant amount of money with a relatively small investment.

There are also ways to hedge your bets when it comes to playing the stock market. Whether you play the general market or you trade penny stocks, ensure that you set stop-loss limits to cut any potential for significant depreciations. Now, if you're an advanced trader, you likely understand that market makers often move stocks to play into either our fear of failure or our greed. And they'll often push a stock down to a certain price to enhance that fear and play right into their pockets.

When it comes to penny stocks, this is further exaggerated. So you have to understand what you're doing and be able to analyze the market forces and make significant gains. Pay attention to moving averages. Often, when stocks break through 200-day moving averages, there's potential for either large upside or big downside.

2. Invest in a money-making course.

Investing in yourself is one of the best possible investments you can make. While you might not be able to pinpoint an actualized return on investment, there's no money that's better spent. Invest in yourself. Invest in your education. Learn. Adapt. Grow. Discover what you're passionate about.

There are loads of money-making courses on the internet. The hard part is choosing the right one. From ebooks to social media marketing, search engine optimization and beyond, the possibilities are endless. While many money-making gurus might pop up on social media, not all courses are created alike. Spend time doing your due diligence and research to choose the one that's right for you.

3. Trade commodities.

Trading commodities like gold and silver present a rare opportunity, especially when they're trading at the lower end of their five-year range. Metrics like that give a strong indication on where commodities might be heading. Carolyn boroden of fibonacci queen says, "I have long-term support and timing in the silver markets because silver is a solid hedge on inflation. Plus, commodities like silver are tangible assets that people can hold onto."

The fundamentals of economics drives the price of commodities. As supply dips, demand increases and prices rise. Any disruption to a supply chain has a severe impact on prices. For example, a health scare to livestock can significantly alter prices as scarcity reins free. However, livestock and meat are just one form of commodities.

Metals, energy and agriculture are other types of commodities. To invest, you can use an exchange like the london metal exchange or the chicago mercantile exchange, as well as many others. Often, investing in commodities means investing in futures contracts. Effectively, that's a pre-arranged agreement to buy a specific quantity at a specific price in the future. These are leveraged contracts, providing both big upside and a potential for large downside, so exercise caution.

4. Trade cryptocurrencies.

Cryptocurrencies are on the rise. While trading them might seem risky, if you hedge your bets here as well, you could limit some fallout from a poorly-timed trade. There are plenty of platforms for trading cryptocurrencies as well. But before you dive in, educate yourself. Find courses on platforms like udemy, kajabi or teachable. And learn the intricacies of trading things like bitcoin, ether, litecoin and others.

While there are over 3,000 cryptocurrencies in existence, only a handful really matter today. Find an exchange, research the trading patterns, look for breakouts of long-term moving averages and get busy trading. You can use exchanges like coinbase, kraken or cex.Io, along with many others, to make the actual trades.

5. Use peer-to-peer lending.

Peer-to-peer lending is a hot investment vehicle these days. While you might not get rich investing in a peer-to-peer lending network, you could definitely make a bit of coin. Which lending platform do you use? Today, there are many to choose from, but the most popular ones include lending club, peer form and prosper.

How does this work? Peer-to-peer lending platforms allow you to give small bursts of capital to businesses or individuals while collecting an interest rate on the return. You get more money than you would if you placed it in a savings account, plus your risk is limited because the algorithms are doing much of the work for you.

Once you identify the offer, you can dig in and do some research -- then, you can either take the deal or not. You'll have your risk evaluated based on a proprietary algorithm that includes employment and credit history, and you'll be able to make the decision to invest based on a variety of well-thought-out data.

6. Trade options.

When it comes to options, tom sosnoff at tastyworks says, "trade small and trade often." what type should you trade? There are loads of vehicles, such as FOREX and stocks. The best way to make money by investing when it comes to options is to jump in at around 15 days before corporate earnings are released. What type should you buy? Money calls.

The optimal time to sell those money calls is the day before the company releases its earnings. There's just so much excitement and anticipation around earnings that it typically drives up the price, giving you a consistent winner. But don't hold through the earnings. That's a gamble you don't want to take if you're not a seasoned investor, says john carter from simpler trading.

7. Flip real estate contracts.

Making money with real estate might seem like a long-term prospect, but it's not. There are ways you can take as little as $500 to $1,000 and invest it in flipping real estate contracts to make money fast. How? Use a system like kent clothier's REWW to first understand how the market works. It'll then provide you with the data and tools to identify vacant homes, distressed sellers and cash buyers.

While most people think that real estate is won by flipping traditional homes and doing the renovations yourself, the fastest money you can make in real estate involves flipping the actual contract itself. It's arbitrage. Identify the motivated sellers and cash buyers, bring them together and effectively broker the deal. It might seem odd on the first go, but once you get the hang of it, you can become a mini-mogul in the real estate industry by simply scaling out this one single strategy. It works, and it's touted by some of the world's most successful real estate investors.

Is $1000 enough to start trading?

Last updated: june 29, 2020

You don’t have a ton of money to spare.

Perhaps you’ve just started working.

Or maybe you’re still studying.

Can I start trading with $1000?

The answer is, yes and no. It depends on the instruments you’re trying to trade.

In this post, I’ll share with you the financial instruments which are feasible to trade with a $1000 account and those which are not.

But first, let’s understand what trading is all about…

What is trading?

Trading refers to the buying and selling of financial securities, in an attempt to earn a profit over time.

The various types of trading are:

Day trading – traders who seek to capture intraday volatility, typically closing their trades within a day.

Swing trading – traders who seek to capture swings in the market, typically holding their trades for few days to weeks.

Position trading – traders who seek to capture trends in the market, typically holding trades for weeks to months.

In order to be profitable, you need to an edge in the markets and allows the law of large number to work in your favor.

You’re probably wondering, what is an edge?

The elusive edge traders are talking about

An edge is when you have a set of trading rules that yields a positive expectancy over time.

Expectancy can be defined as:

(winning % * average win) – (losing % * average loss) – (commission + slippage)

If you have a positive expectancy after 100 trades, then you possibly have an edge in the markets.

Having an edge alone is not enough.

You also need to allow the law of large number to work in your favor.

The law of large number and why it matters

In other words, your trading results are random in the short run but will be closer to your expected value in the long run.

Even if you have an edge in the markets, you can expect to lose over the next 10 trades.

But after 100 trades or more you can expect to be close to your positive expectancy.

Toss your coin 10 times and check how many percent of the time it comes up head or tail.

Now toss your coin 100 times and check how many percent of the time it comes up head or tail.

Do this simple exercise and you’d understand what the law of large number is all about.

Now here comes the important part…

Proper risk management so you don’t blow up your account

Now that you’ve realized your trading results are random in the short run, how does this impact your trading?

This means you will encounter losing streaks. And the last thing you want is to empty your trading account during a losing streak.

Looking at the risk of ruin table, if you lose 50% of your trading capital, you need to make back 100% just to break even.

So how do you prevent the risk of ruin?

Risk no more than 1% of your account on each trade.

If you have $1000 account, this means you cannot lose more than $10 on each trade.

Now with only $10 to risk per trade, what can you trade?

Which financial instruments can you trade?

Following the 1% rule will prevent your risk of ruin.

But given a $1000 account size, it reduces your option to trade different financial instruments.

Stocks

Minimum size: 100 shares

Transaction cost: $50 per round trip (round trip means buy and sell)

The transaction cost itself is more than your risk per trade. Recall you can only risk $10 per trade.

Your transaction costs eat up 5% of your return before you’ve even started trading. And if you’re making 40 trades per year, you need a return of 200% just to break even.

Clearly trading stocks is not feasible.

Futures

Transaction cost: $10 per round trip

Your transaction costs eat up 1% of your return before you’ve even started trading. And if you’re making 40 trades per year, you need a return of 40% just to break even.

Clearly, trading futures is not feasible either.

Forex

Minimum size: 1000 units

Transaction cost: average 3 pips (which is about 30 cents)

Now you’re onto something.

Your transaction cost is now a fraction of your risk per trade.

Your trade requires a stop loss of 50 pips. Since each pip is worth 10 cents, this equates to a risk of $5.

Adding transaction cost…

…your total risk is $5 + 30 cents = $5.3 (this amount is lower than the $10 risk per trade we set earlier)

Trading forex is feasible with a $1000 account.

If you want to know which instruments you can trade safely, just do this:

1. Calculate how much you will lose if you get stopped out of your trade

2. Calculate your transaction cost

Add 1 & 2 together, if it’s below 1% of your trading account, the instrument is feasible to trade.

How much can I turn $1000 into?

This is the truth…

The reality of trading is this…

You need money to make money.

If you have a profitable trading system averaging 15% return a year:

$1000 account will make you $150.

$10,000 account will make you $1500.

$100,000 account will make you $15,000.

$1m account will make you $150,000.

But I’ve heard stories of traders turning $1000 into $100,000…

It’s possible. But they conveniently forget to tell you the number of trading accounts they blow up along the way.

Frequently asked questions

#1: what timeframe do you suggest for a $1,000 capital since daily candles can be quite long and the 1% rule would mean that the stop loss is extremely tight?

If you have a $1,000 trading account and you risk 1%, that would be $10. So if you go with a broker which offers nano-lots, it might be possible to be trading off the daily timeframe.

Else, you can go into the 4-hour timeframe.

#2: with a $1,000 account, will I be able to trade cfds of markets like wheat, cocoa, oil, metals, bonds, etc.?

It depends on the broker and the margin required to trade the cfds of those markets.

Conclusion

Trading is more than just random buying/selling.

If you want to be a consistently profitable trader, you must understand what is your edge, and how the law of large number works.

You will encounter losing streaks, and only proper risk management will prevent the risk of ruin.

A guideline is to risk no more than 1% of your account on each trade.

But if you have $1000, only the forex market is feasible to trade, and still follow proper risk management.

The other markets will incur a higher transaction cost and the minimum size is too large relative to your $1000 account.

So, what else can you trade with a $1000 account?

Do you want to learn a new trading strategy that allows you to profit in bull & bear markets?

In my FREE trading course (valued at $48), I will teach you this powerful trading strategy step by step, along with charts and examples.

How to start investing with just $1,000

Recently a forbes reader I'll call susan emailed me about how to get started investing. Here's what she said:

I just turned 18 years old, and would like to invest young so that I can have life-long investments. I'm interested in investing in mutual funds, and somewhere where there will not be outrageously high trading fees or commissions. It would need to be somewhere that can accept a minimum of $1,000, which is what I am having trouble with finding. Being extremely new at this, I have no clue how to compare multiple companies, or which company will be the most beneficial in the long run. I was wondering if you had any recommendations or advice for a beginner like me? I read your article [I believe she was referring to this one on how to invest for the first time], but I am still at a loss for which company I should go with. If possible, it would mean a great deal to me if you could help me. Thank you very much.

So what are susan's options? How do we find low cost investments with just $1,000 to get started? Fortunately there are several great options.

Other fund companies

Robo advisors

A word about asset allocation

What I learned day trading my way from $500 to $100,000 in 3 months

To me, the beginning of the new year should mark the chance to set new goals and push yourself to unreached limits. To kick off the start 2017, I undertook another small account trading challenge similar to my 2016 challenge (where I traded $1,000 into $8653.16 in one month).

This year I upped the stakes. I widened my time frame to three months, upped my goal to $100,000, and cut my starting account to just $583.15. While my original intent was to begin with $700, the charge to open my account put me less than $100 away from dipping below the minimum. Needless to say, I had my work cut out for me.

Turned out, I underestimated myself. I reached the $100k goal in about a month and a half, which even now shocks me. Here now, are the lessons I learned while accomplishing that.

1. The hardest part is getting started

This is true for anything, not just day trading. But without a doubt, the first couple of weeks were the toughest. In that time there was essentially zero margin for error and my account was only few bad trades away from dropping below the minimum balance. My main tools in this time were hotkeys, so that I could get in and out of positions quickly, and as much discipline as I could muster.

My goal during this period was to capture around $0.20 of upside per trade, and I made sure to put hard stops if my position dropped by $0.10. To make the most of these trades and to cut back on comission fees, I was dealing with a minimum amount of transactions, handling a lot of volume, and relying on momentum to quickly scalp breakouts before other traders.

I found good success with this strategy, so long as I kept my expectations in check. It was still difficult coming away with only $200 or $300 a day even though that was around 40 percent of my account. But by the end of my first week I had more than doubled my starting balance to about $1200.

2. Increasing my trades while managing risk

That increased account equity really helped speed things up in the following weeks. Simply by virtue of being able to make more trades and effectively scale my position I was able to be more aggressive. While I was still not out of the range of completely tanking the challenge, I managed my risk effectively enough to minimize potential and actual losses. I ended week two up by more than 600 percent, and steadily grew that until I hit the $10k mark before finishing out january.

In fact, I was looking to have a huge end to january. I finished my first $2,000 day on the last friday of the month. The following monday I made just shy of $7,500, boosting my account above $22k. But that success got ahead of me, and the last day of january I ended up chasing a trade I knew I was too late on, I failed to adjust my position, and that cost me $6,000.

It was a rough way to end the month, and it was my first loss on the year, but I made up about $4,300 the next day and was still on pace to hit my first benchmark of $25k by mid-february. To my surprise, I would hit that amount and then some much sooner than I first thought.

It was february 2 when I had a massive day for the challenge, as well as a high-point for my career as a trader. I was still upset about that $6k loss two days before, and I was trading really aggressively as a result. While that behavior could have cost me more in the long run, things luckily broke the other way and, in my small account alone, I made $14,800 in four trades, obliterating the $25k mark and hitting $35k in just over a month. I made an additional $7,800 in my regular account. That $22k day remains my best trading day yet.

February continued to be an extremely up and down month, where I would gain anywhere from $8,000-$10,000 before giving up 70 to 80 percent of that the next day. Still, my accuracy was still around 67 percent overall. My profits normalized near the end of the month and I finished february gaining $60,000, getting my balance to $69,000.

March, the final month, started really strong. In fact, it started so strong that I was able to hit the $100k goal within the first six days. It helped that I managed four straight days of stellar gains, that only increased, from $3,600, to $5,600, then $6,000, and finally cresting the goal with a huge $8,800 day. All told I hit $100k from my measly $583 account in 44 days, which even now still shocks me.

3. Don’t ever lose sight of your strategy

The main takeaway I got from the experience was that having a strategy and remaining consistent is essential to finding success as a trader. There were times during the challenge where I was putting considerable pressure on myself to reach these goals I had set, and at times that pace worked against me by compelling me to alter my strategy and chase trades. I had this anxiety that I needed to continue making breakneck returns or make up for losing days that I would lose sight of my strategy and end up not making as much as I could have on a trade or even ending up down because I was too aggressive.

The best example of this is actually the days following when I hit my goal. Despite the phenomenal traction I had built up to that point, I finished the next day only up $365. After that, for four days straight, I had a deep red streak in which I averaged -$3.5k. I finished down nearly $6,000 the final day of that down streak. That was demoralizing, but it also showed that I shouldn’t pursue these massive returns if they don’t exist and understand when to cut my losses rather than average down, which is never a smart idea.

I think those down days, following the success of my challenge, really encapsulates why having a sustainable strategy and a level head will do more for your trading in the long term than hitting insane returns. Chances are you will only give most of it up in the next few days by trying something risky than if you had just stuck to what you knew works and taking opportunities as they appear.

This post is sponsored by warrior trading, an editorial partner of benzinga. We collaborate on stories that are educational, or that we think you will find interesting.

How to get started day trading with only $100 (and zero PDT rule!)

Class #1 (FREE) – begin your journey HERE

How do you get started with day trading? The stock market is a great side hustle if you are looking to make extra money online; however, the problem is people automatically think that you need to day trade stocks. This becomes an issue because of the most annoying and stupid government regulation: the pattern day trader rule (PDT rule). This rule limits the number of stock trades you can perform in a very inconvenient way, so many new traders look for ways to get around the pattern day trader rule. The only true way to get around the rule is to have $25,000 in your account, or you can move your money “off shore”, but that can be extremely risky. Here’s the good news and the truth, you can 100% avoid the pattern day trading rule and get started trading with as little money as $100. Let me show you another area of the financial markets that allows for great opportunity for those looking for an online side hustle to make money.

1 hour trader transformation

"let me show you how I had ONLY 1 losing day out of 73"

This live and free event reveals: how I transformed myself from an employee to being my own boss (and how you can too, even with no experience!)

Let's talk how to get started day trading with only $100

Which is totally possible.

A few upfront disclosures here.

First off, this is not gonna lead to something

Where I sit here and say,

"hey, and to learn more, buy this,"

Or "hey, sign up for that," nothing.

I am going to direct you to a class at the end of all this,

But the class, 100% free, it's four classes, so four videos,

And I think it's right around two hours long.

So if you're interested in how what I'm gonna talk about

Can be used to get started day trading with,

Like I said, $100, then there is going to something

That goes into a deeper explanation.

So during the parts of this video,

I'll say, "and that'll be explained in the class."

But just realize the class, totally, totally free.

Now what is and how is all this working together

To allow for, quite frankly,

A very, very attractive opportunity?

And I say that for those of you

That maybe have the reference point of,

"clay, I don't believe you,

"because I know about this thing called

"no, you can't, well, you can day trade,

"clay, but not as much as you want."

That's what's great about what you're gonna learn about

In the class, is there is no pattern day trading rule.

No pattern day trading rule at all.

You can trade as much as you want.

Now for those of you that are maybe brand new

To the markets, brand new to day trading,

And you're just beginning, just getting started,

You might not know what the pattern day trading rule is,

And I'm not gonna go into too much detail,

But just realize it's a government regulation

Where you have two numbers you need to pay attention to.

Three just represents the number of day trades

Allowed to do, okay, what does that actually mean?

Well, you're allowed to do these

And that's the five day rolling period,

But I'm not gonna get too deep into the weeds there.

But day trading rule, because of this government regulation,

Says you can make day trades,

Meaning in and out within the same day,

But you can only do that three times

Over a 5 day rolling period,

Which is totally the exact opposite

Of what a active day trader would need, right?

A day trader needs to, well, be able to trade multiple times

But I mean, three of those over a five-day period?

I could do a whole entire video over this regulation,

But it is what it is, so that is a problem out there.

But not a problem for what you're gonna learn about

In the class, and I'm not telling you what exactly

Is trading 'cause I don't want you to get intimidated

Because they get a bad rap,

And it's something where if you approach it wisely,

Hence the point of that class,

It will be explained to you in a very understandable way.

So that's number one, why this is awesome.

Number two, why what you're gonna learn about

In the class is awesome, is I already gave that away.

But this is why it's number two, $100.

So you don't need thousands and thousands of dollars

To offer up a reference point.

If you do wanna get around this,

So if you do wanna be able to not fall under the PDT rule,

Where the regulation does not pertain to you,

Then like I said, to offer up context there,

The way you get around that is $25,000.

Yes, I'll say that number again.

If you wanna get around the pattern day trading rule,

If you wanna not have to worry about this,

So yes, getting started with $100,

Hopefully that is a big deal to you,

Because it is actually a really big deal.

Wow, exactly, that's really, really awesome.

The next thing why this is awesome and should be considered,

I wanna make you aware of, is this.

24/7, that's kind of a lie, almost,

Meaning this marketplace that you can trade

Is essentially open 24/7.

Now it is closed on saturdays

And there's some little times where it is closed.

Again, we'll be explaining in more detail within the class,

But if somebody with a day job, you work the normal hours,

I mean, this is available all the time.

Now again, some times are better than the others,

And you'll learn about that stuff in the class,

But the point here is that from a time flexibility,

So no pattern day trading rule,

You could literally get started with $100,

And the market is open basically 24/7,

Why would you not wanna at least look into more of this?

Why would you not wanna learn more about this market?

And the market itself, now promise me

You're not gonna run away,

Because if you have the right person to walk you through it,

It's not that complicated, okay?

And all this is what is known as

So the futures market is where all of this is possible,

And the futures is something where a lotta people hear it

And they're, "oh, it's so risky, clay.

"I mean, it's way too risky."

First off, anything is risky without a strategy

And a plan and rules and the correct understanding.

That could be stocks, that could be bonds,

That could be options, that could be crypto,

It could be futures, but anything in the market,

Let me put it this way, crossing the street

Without the proper strategy is extremely risky, right?

But that's why we're taught as kids the proper strategy,

So everything is dangerous in life, everything is very risky

If you show up and don't know what you're doing,

Show up and don't have the right strategy.

The same is true for the futures market.

So yeah, it can be risky, but so is crossing the street,

So don't let that scare you away.

And like I said, just learn about it, dive into it,

See if it feels like something that you can understand

And something you can make money from,

Because again, all of these things are in your favor.

I mean, does the futures market get any better

When you don't have to worry about any of that stuff?

I mean, that's what it's all about.

And as far as, "well, clay, what broker should I use?

"I've heard about these things called ticks.

"what about these margin requirements?"

All of that is explained in the class.

So what I want you to do, if you're interested

And wanna get involved in day trading,

Whether that is as some sort of side hustle

Where you just wanna make some extra money,

And I just want you to learn about the futures market.

I'm not saying you have to use it, but just learn about it.

And it's at no risk to you because the class truly is free.

So I'll put a link down below to class one,

The futures class that I offer, and you can go through it,

And if you like my teaching style

Or if you think that you're learning

And if you think that, all right, yeah, this is interesting,

Let's go to class two, then class three and class four,

Then that'll be up to you.

But I do want you to be aware of

That there is more opportunity out there.

I'm getting sick and tired,

And I don't blame these people because, hey, they're new,

And when you're new, you don't quite know

What you don't know and you don't know what exists,

But I'm sick and tired of people saying,

"off," and I do totally understand.

This $25,000 number, (scoffs) that's ridiculous.

Or I gotta go and I gotta use some offshore broker, right?

A lotta people, that's what they do.

They think they have to trade stocks,

Because that's the foundational thought

Therefore you have to trade stocks.

Therefore, if I wanna be a day trader,

It would be a day trader of stocks.

Again, I'm not calling those people stupid.

That's actually a flawless, logical thought pattern.

The problem is there are other things

In the financial markets.

It's not just the stock market.

You also have the futures market.

So realize that you don't only have to trade stocks.

I get it, and I've had videos out there,

There are kind of ways around

The pattern day trading rule with stocks,

But like I said, that could involve you

Sending your money offshore, just things aren't clean.

But with futures market, it's totally clean,

'cause they're just simply

It's not the pattern day trading rule at all.

Check out the class, and I want you to know

That by no means do you need $25,000.

Ideally, yeah, you'd wanna start

With a little more than $100,

But you could literally start with $100.

But $500, $1,000, you don't need anywhere close to $25,000.

So go to that class, start watching,

Start learning about the future market.

Don't let it intimidate you.

Oh, wow, no, just give me a chance.

Give me a chance to explain it to you.

Do the class and see if I can kinda open your eyes

To how things work and just how money can be made

So if you enjoyed this video, before you go

And before you go start watching the futures class,

Hit that like button, leave me a comment down below,

And I guess let me know, because I'm always curious,

Were you somebody that had no idea about the futures market

And were you somebody that was maybe hesitant

Or just thinking trading was not worth it

Because you had this $25,000 number locked in your head,

Because of this stupid PDT rule?

I'm curious how many people out there are like that.

So if that was you or maybe not you,

Just leave me a comment below and let me know.

But hit that like button, check out the channel, too,

And if you enjoy the overall channel,

Hopefully you decide to subscribe.

But if anything and you enjoyed this video,

If you kinda just enjoy these,

Hey, you know, this stuff does exist,

Then hit that like button.

But yeah, just give it a chance.

Worst that happens, no, that's stupid.

But give it a chance, totally free.

So go start watching video number one of class number one

And start learning about the futures market.

First off, thanks so much for watching the entire video.

Real quick, before you go, I wanna invite you

To a live webinar, web class, training, workshop,

Online event, whatever you wanna call it,

But it will be me live revealing to you what I've discovered

That has allowed me to transform myself

From being an employee to being my own boss,

Including how I had only one losing day

Out of 73 days in total.

I'm going to cover three keys that have helped me

Unlock profitable consistency within the markets.

The first key is super weird,

But in a productive type of way.

The second key is super awesome

Because it quite literally is wired into our DNA as humans,

Making it very easy to use.

But in a cruel way, this becomes a pitfall for many traders.

I'll explain it all though,

Including how to avoid the pitfall that it creates for some.

And yeah, the third key when you hear it

Sounds way too good to be true, but it's not,

And I'll show you how it all works.

Then at the end, I open it up

For a question and answer session

That is again totally live.

Even if you can't make the live session,

Please still sign up as it will be recorded,

And you can go back and watch the replay

Click the image on the screen

Or click the link down in the description box

So you can get the date and time and claim your spot,

Which I should note is limited due to the fact

That this truly is a live event.

If you have any questions, let me know.

If not, I'll be seeing you soon.

Are you able to have only 1 losing day out of 73 days trading?

NO? Attend my free "1 hour trading transformation" training event to learn how you can!

So, let's see, what we have: getting started investing with just $1,000 can be challenging. In this article we walk through several great options to help you get started. At get started trading with only 1000 dollars