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

Thunderdog · Aug 28, 2006

Quote from Businessman:

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.
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Aha! I was wondering who was taking the other side of my currency trades. These pesky drawdowns are beginning to add up and may well start cutting into my lifestyle if they continue unabated. I do hope that you're enjoying what amounts to, for now, the better part of my bimonthly entertainment budget.

ChaosNSX · Aug 28, 2006

Chit chat anyone?

Thunderdog · Aug 28, 2006

Quote from ChaosNSX:

Chit chat anyone?
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It took you long enough. Where were you 8 pages ago?

nitro · Aug 28, 2006

Huh?

What in this thread warrants going to chit chat

nitro

granville · Aug 28, 2006

Quote from nitro:

I was just wondering if this is possible. That is only 100 Quadrillion dollars.

nitro
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I laughed so hard when I saw this thread!

acronym · Aug 29, 2006

Yep

Johnnie T-Bond · Aug 29, 2006

Dear Nitro:

I think you better inform the World Bank and the International Monentary Fund of your intentions so they can urge all their corrresponding banks to print more currency. According to Merrill Lynch the world's total net-worth is only about 33 trillion dollars. We wouldn't want to run out of ready cash!

nitro · Aug 29, 2006

Logic, facts and common sense have never stop most posters on this site. However, they do me.

Therefore the answer is, NO.

nitro

Quote from Johnnie T-Bond:

Dear Nitro:

I think you better inform the World Bank and the International Monentary Fund of your intentions so they can urge all their corrresponding banks to print more currency. According to Merrill Lynch the world's total net-worth is only about 33 trillion dollars. We wouldn't want to run out of ready cash!
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