Welcome to WallStreetForum.net

[Wall Street Forum]

The domain, WallStreetForum.net has existed since 2001 but there was never an actual forum on the domain space. It was purchased by KOURKE, LLC in 2015 and made into a finance forum.

As this forum grows we’ll have at least a few knowledgeable members that will help others find their way to financial freedom. With this site I want to dispel a lot of the myths associated with Wall Street. Principal of which being that wall street is a place that takes all your money. I want people to realize that wall street is not some terrifying mythical creature that brings nothing but doom and gloom.

The reason most people don’t go after things like careers on wall street is because they are scared of risks. They are scared of failing. Muhammad Ali once said “He who is not courageous enough to take risks will accomplish nothing”. People need reasons to not try. In other words they need excuses. Have you ever thought about what it means to take a risk? Have you ever realized that you take all kinds of risks everyday of your life. When you get in your car you are risking your life because you could get into a wreck and die. But for some reason you never hear people say i’m not going to drive a car because I don’t want to die. Why? Because the benefit of driving a car outweighs the risk of it. People need to look at the stock market just like that. Sure something bad could happen but more than likely it won't and even if it does it probably won’t be so bad that you can’t recover from it. If you stick around this forum long enough you will see that wall street can be an extremely beneficial entity if approached with respect and determination.

I believe no one should have just a 9 to 5 and that you should do anything to get more money than you need. Not for the sake of being greedy but for the freedom that comes along with it. A lot of people think having a lot of money is all about buying stuff but there are millionaires and billionaires that spend less in a year than thousandaires. Having a lot of money allows you to get up at 11am and watch tv while your friends are at work. A lot of money allows you to go on vacation at the drop of a hat whereas average employees have to save up money for a vacation and request time off.

All of the information in the forums is FREE of charge. There is no premium section for subscribed members. Everybody can jump in and mingle together. If you have any questions you want answered privately just send me a private message and I'll get back to you as soon as possible.


This is also a thread where you can introduce yourself. Tell us how you got into wall street, how many years you've been at it and so on.

[NewToTheStreet]

Glad I found this site! I've only been in the market for about 6 months and I'm still learning a lot. I work as an IT guy at a college near my house but i really want to do more than that. I'll definitely be hanging around here a lot.

[StoneF]

I'll do my spill...

I'm from a small town outside of Richmond, VA. Parents were both school teachers. I wanted more out of life than just a 9 to 5 so when I was 19 I started a waste/debris removal business. Struggled with it for 10 years before it started to gain ground. Became a millionaire at the age of 34 then began to seriously enjoy life. I still have a home near Richmond and own a couple vacation properties, a few nice rides, etc. Overall I've come pretty far for the son of school teachers.

[bulldog91]

I'm from southern California. Dad was a serial entrepreneur, mom a homemaker. Saw my dad open laundromats, corner stores, barber shops, and a mess of other things. Most turned a profit and he retired a wealthy man. He instilled in me early on that you don't work for others. Others work for you. That being said, when I was 14 he made me get a job working for him. I worked the counter at one of his laundromats and was paid the regular wage just like everybody else. After 2 years of that I had saved enough for my own first business. I started a golf ball retrieval business. I would go to golf courses and retrieve all the golf balls that had been hit into the water or in trees, over fences, etc. I hired two friends and used my savings to pay them for the first couple months and buy equipment for the jobs. We were working 18 golf courses at the height of the business charging $250 per month for each golf course. After 4 years of doing that a big company who handles all golf course services paid me 150K to stop doing what I was doing. I took the money and ran.


After that I went to a community college and studied some business classes. Accounting, entrepreneurship, etc. While in college I bought a house off campus and rented rooms to the college kids. I was charging $400 per room and this was in the early 90's. I did all the household maintenance stuff to keep costs down and was turning a decent profit of my first house so I bought another one 8 months later. After my 4th house I started to use lawn and housekeeping services to help with household upkeep. I eventually had 41 houses around southern California. I LLC'd and hired a person just to collect the rent once a month from each house. Some houses were rented by the room and some were the whole house. I think at the peak of that phase I was clearing 40K/month. Around 1997 a friend jokingly suggested I buy an apartment building and quit dealing with 41 houses. Even though he said it jokingly I took it seriously. I cut back to 10 houses and bought a 20 unit apartment building near San Diego. That went pretty good so I bought two more in 1999. I owned a total of 10 houses and 6 apartment buildings by 2003.


That same friend also got me into trading around that time. I was scared of wall street at first because of all the negative connotations that are always present with trading. Anyway, I dabbled at the market for 3 or 4 years before I really started to gain any ground. Back in those days I only played with 20 or 30K so I wasn't making much but I wasn't losing much either. Now I have 15 years under my belt and I play with real money. I cut all the way back to a handful of houses and trade casually.

That's my story!

[ABtrader]

Hey guys. Thirteen years experience here. Came in as a day trader. Learned the hard way not to put it all in one stock and now I'm here

[Fxmaster]

Forex trader here. 6 years experience. From Iran

[Iamthestreet]

12 years experience. Retail trader

[SlappyPappy]

College kid. Looking to make a real stab at life

[Scirem]

Got into Wall Street because I didn't want to face the numerous restrictions that accompany not having enough money, i.e, become a billionaire. I've been trading for six months at home and I love it. Looking to branch into Forex.

[Wall Street Forum]

Got into Wall Street because I didn't want to face the numerous restrictions that accompany not having enough money, i.e, become a billionaire. I've been trading for six months at home and I love it. Looking to branch into Forex.

Sounds good. You got into Wall Street for the same reason as all of us!!!

[DTXtrader]

definitely look into forex. Its just better bang for your buck than stocks