#45 What's It Take To Be a Day-Trader? $20k & Some Big Balls/Ovaries! 💪 with Brooke Hoerr

Wassup y'all, Stocks are up 6+% in the last 4 sessions! That's a HUGE move in such a short time! WTF happened? Why's this market all over the place? I break it down -- bottom line: THE FED. We also discuss what might be the REAL intentions behind Trump's trade war - man that sh!t's getting shadier and shadier each day that passes. We then jump into scratchin everyone's "trader" itch:  Ever think about becoming a futures trader? Maybe doing it part-time to make a lil extra cash? Maybe you've wondered "Do I have the stomach for that?" My boy Brooke Hoerr in London broke it down. This dude traded extra large positions in both the stock and bond markets for several years. At one point, Brooke told us a story about being on the train line one morning that, a couple hours after he got off, got bombed in the London bombings, yet still going into the office to trade!  Comedian Anthony Bonazzo dropped some funny 1-liners. To him, day-trading is like being on Facebook all day, but waaayyyy more productive.   Sit back, relax and enjoy! Peace SHOW HIGHLIGHTS: 01:45 - Anthony Bonazzo - performed last night in Chicago's NBC Breakout Festival 03:10 - Is our guest Brooke the JPMorgan 'London Whale'? 07:10 - Stocks crushed in May due to tariffs. US then smacked the sh!t out of Mexico, makin it worse 09:00 - US government putting Google through a full-blown cavity search - stocks crushed MORE! 10:30 - Possible US motive for investing Google and Facebook 12:50 - Almost 2/3 of ALL INTERNET ADVERTISING goes thru either Google or Facebook 17:00 - Fed JOLTED the market 6-7% when they suggested they may cut interest rates 19:25 - Keep investing 20% weekly/monthly. Keep powder dry if you want to invest more 25:00 - Should Anthony buy gold right now? 25:30 - What are some reasons Trump would artificially create trade wars?  30:00 - Anyone can bet on the predictability of a panic (ie, trading volatility) 37:00 - What's the difference between day trading and regular investing? 37:35 - Need a strong bladder to trade all day; need to invent the "futures diaper" 38:35 - What was Brooke's biggest trade ever? 40:20 - London bombing: Brooke trading in anguish that morning while following the story 41:40 - If Anthony (or anyone) wanted to be a trader, what exactly is needed? 44:45 - Finance lingo: is it unnecessarily complicated? Why? Investment scams 47:20 - Finance is such an intricate part of our country, yet most "not understood" thing 48: 30 - Even investors with millions DO NOT understand markets 50:00 - How does $20k security deposit work if you go work as a day trader trading futures? 52:15 - Would Brooke go back and be a part-time day trader? 53:35 - Can anyone be a part-time day trader? How many hours would a person need to be in front of computer screens?  55:40 - How much does an average day trader make?  57:45 - Anthony's personal training clients: some throw their iPhones against the wall 59:20 - Brooke's manager gettin all up in his face threatening him Connect with Amer and BNOS:  Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2 Visit the Amer Abdullah BLOG: http://amerabdullah.com/  Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit