his decision to play margin, also his decision to not wait long enough to figure out that it was a mess up from the broker. And that he didn’t actually owe the 700k or whatever.
how is it not gambling booking a load and delivering it?? You don’t know what can happen but you operate on the history you’ve experienced. A spare tire can come through your windshield any moment on the highway, yet you drive. You gamble with disease everytime you drink alcohol or smoke. Eat mcdonalds, touch a door handle. I think the pre conception is what makes the market a hard space.
Are we owner operators really stuck around 2 bucks a mile?
Discussion in 'Ask An Owner Operator' started by peabody747, Aug 25, 2022.
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Somebody has got to say here that if you hang onto cash you're guaranteed a loss thanks to inflation as well.
ProfessionalNoticer Thanks this. -
if I’m sitting on 500k in my checking, and I trade with 50k that’s totally separate from my checking account and I play 20k and have a 5% stop loss (automatic sell if it drops to net -5% position) that’s not really risking losing everything. Hopefully I’m clear enough. -
Honestly you’re still not losing much holding cash. -
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I mean you know...
If we're going down that road -
also to add, options have expiration dates. Buy far out, take on less volatile positions, either average down your positions or sell. Not too crazyLast edited: Aug 28, 2022
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exhausted379, Czar_Zero and Dave_in_AZ Thank this.
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Every month 400 people find a job with the help of TruckersReport.
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