$100,000,000,000,000,000 In three months

Discussion in 'Chit Chat' started by nitro, Aug 27, 2006.

  1. What platform did you use? I have trouble entering in so many digits quick enough...


     
    #31     Aug 28, 2006

  2. I phone my orders to my broker. When i tell him to sell 100 GBP at
    the market, that actually means sell $100 quadrillion GBP...
     
    #32     Aug 28, 2006
  3. ahhh...ok TY..so that spike was NOT a data entry error...are you the flipper?


     
    #33     Aug 28, 2006
  4. Not possible. Even if you had 30 10 billion$ accounts (with different prime brokers/banks etc) and simultaneously (say within 3 minutes) bought or sold $200 bill (@20:1 leverage) in cable - you would seriously not be able to offload such a trade unless you moved the market 100 pips (remember cable has about 250b.$ a day turnover (half of it in spot). Soros did something like this is '92 (smaller scale) and if you thought that cable was going to surge/tank (500-2000 pips) then it would be worth it.. In this situation I would set up (or buy) my own bank and credit lines and get EBS/reuters accounts for myself.
     
    #34     Aug 28, 2006
  5. I cant reveal all my methods on ET (incase other traders
    steal some of my liquidity), but there are ways of doing this
    kind of size without much slippage.
     
    #35     Aug 28, 2006
  6. inCom

    inCom

    I did it last week when I was learning how to trade. I can teach anyone how to do it for a measly 10.000$.

    GS
     
    #36     Aug 28, 2006
  7. romik

    romik

    10 bucks is too much
     
    #37     Aug 28, 2006
  8. inCom

    inCom

    I meant 10,000$. I changed "," with "." (Italian standard).
     
    #38     Aug 28, 2006
  9. inCom

    inCom

    Hey, even 10,000$ is not that much, we are speaking quadrillions here.
     
    #39     Aug 28, 2006
  10. romik

    romik

    I am still hoping for some funny catch from the originator
     
    #40     Aug 28, 2006