http://mathworld.wolfram.com/LargeNumber.html You know nitro, there is a virgintillion out there (hey the whole system can go on credit)... oops sorry it's vigintillion... damn.
Sheesh! Start with $5000? Why not make it difficult: start with a paperclip and try to swap your way up?
Interesting question. Suppose you started with $10,000. Suppose you took on trades that had 8:1 return and you risked 5% of your account/trade and that your hit/miss ratio was 65-70%. If you did 4-5 trades a week (@50:1 leverage) you would double your account in that time if the figures hold. Suppose also your trading in currencies so that slippage/fills are not a big issue. After a month your now $160,000 (compounded doubling every week). After 2 months - about 2 mill. after 5 months - 8 billion. By now your running into some serious practical realities (even if it's eur/usd that your trading in) as your order/trade is like 1 billion+ - doable but not at the same rate. So you will double at say every month instead of week. So after a year of starting with $10,000.......1 trillion$. Going from $100 billion + is going ot be hard though - your going to have to be hooked up to every single platform in existance as well as trading all the majors and crosses + indexes etc. to be able to get DAILY fills in the tens of billions, and that would cause some serious liquidity issues in the market. Perhaps you would need an extra year or two to achieve a trillion in net worth. A gazillion?? oi - now that is something else .... Now, your talking about some riduculous figure - i'm being more practical here but it is doable. Question is; do you have the b***s to keep doubling every week after you reach a certain personal milestone - or do you go into "semi-retirement" and start risking .25% of the account instead of 5%?
10 quadrillion is pretty pathethic by ET daytrader standards. I normally do over 10 times that per quarter, and as i always withdraw my profits at the end, bringing my account back to the $1 starting figure. My FX opening range breakout system traded over 100 currency pairs easily does 100% a day, compounding this over 60 days: 0 1 1 2 2 4 3 8 4 16 5 32 6 64 7 128 8 256 9 512 10 1,024 11 2,048 12 4,096 13 8,192 14 16,384 15 32,768 16 65,536 17 131,072 18 262,144 19 524,288 20 1,048,576 21 2,097,152 22 4,194,304 23 8,388,608 24 16,777,216 25 33,554,432 26 67,108,864 27 134,217,728 28 268,435,456 29 536,870,912 30 1,073,741,824 31 2,147,483,648 32 4,294,967,296 33 8,589,934,592 34 17,179,869,184 35 34,359,738,368 36 68,719,476,736 37 137,438,953,472 38 274,877,906,944 39 549,755,813,888 40 1,099,511,627,776 41 2,199,023,255,552 42 4,398,046,511,104 43 8,796,093,022,208 44 17,592,186,044,416 45 35,184,372,088,832 46 70,368,744,177,664 47 140,737,488,355,328 48 281,474,976,710,656 49 562,949,953,421,312 50 1,125,899,906,842,620 51 2,251,799,813,685,250 52 4,503,599,627,370,500 53 9,007,199,254,740,990 54 18,014,398,509,482,000 55 36,028,797,018,964,000 56 72,057,594,037,927,900 57 144,115,188,075,856,000 58 288,230,376,151,712,000 59 576,460,752,303,423,000 60 1,152,921,504,606,850,000 <-1152 Quadrillion As we all know FX is most liquid market there is and can easily handle 60 days of 100% compounding.
What leverage do you use..and I will need to see your statement...otherwise this is just not believable...
Actually, if you start with $1,000 and net 10 pips a day, in a year you can make over a Trillion Dollars... The magic of compounding!!