http://brokewallstreeter.com/2010/02/financial-surveys-statistics-34/ Clawing my way out of the abyss Wed, 28 Jul 2010 06:42:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://brokewallstreeter.com/2010/02/financial-surveys-statistics-34/comment-page-1/#comment-102 promotional gifts Tue, 16 Mar 2010 14:20:13 +0000 http://brokewallstreeter.com/?p=486#comment-102 The anecdotes you hear about individuals making huge money in options trading or currency markets are doing so by using fantastically high leverage--you can find sketchy brokers who will let you run up to 100:1 leverage--something no professional investor would do. Even with a perfect strategy, the random fluctuations can cause a margin call. The few people who make a lot of money doing that just got lucky, far more people go bust. The anecdotes you hear about individuals making huge money in options trading or currency markets are doing so by using fantastically high leverage–you can find sketchy brokers who will let you run up to 100:1 leverage–something no professional investor would do. Even with a perfect strategy, the random fluctuations can cause a margin call. The few people who make a lot of money doing that just got lucky, far more people go bust.

]]> http://brokewallstreeter.com/2010/02/financial-surveys-statistics-34/comment-page-1/#comment-76 Cornwall Cottages Tue, 09 Feb 2010 10:07:14 +0000 http://brokewallstreeter.com/?p=486#comment-76 The Starr financial aid office's students spend an average of $680 in textbooks. The standard deviation is $138. If a random sample of 36 students is surveyed what is the probability that the mean amount spent for books and supplies is. The Starr financial aid office’s students spend an average of $680 in textbooks. The standard deviation is $138. If a random sample of 36 students is surveyed what is the probability that the mean amount spent for books and supplies is.

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