Anonymous operator from Romania performed by FXCM King of the mini contest from approx 2832$ until 45363$ 1501 % + 2500 $ price money . Approx 10 000 contestants Trading record http://www.learncurrencytrading.com/images/KOM/August 2008/1st place_aug 2008.pdf
wow, not bad. You know...if he funds his own account with 100 dollars and makes that same return every month for the next 12 months, then this time next year he will have 28 quadrillion, 359, trillion, 331 billion, 95 million, 229 thousand 508 dollars. If he just does it for 6 months he will only have 1.6 billion though
peilthetraveler wow, not bad. You know...if he funds his own account with 100 dollars and makes that same return every month for the next 12 months, then this time next year he will have 28 quadrillion, 359, trillion, 331 billion, 95 million, 229 thousand 508 dollars. #################################### It is top result from some 250 000 attempt's for five years each month some untill 10 000 competitors. But from game theory point of view (Puankare, Morgenstern, Shannon,Kelly ) your calculation is false . Future month by the same operator can be with loss -90% -100% Best ,what was observed for small capital was 1500% in one month on 2832 $ some 2100 % in one quartal on start capital 10 000 $ If operator have this kind result ,he must decrease risk multiple time's Great fortune can be only one -two time's in life
yeah i figured that, was just being sarcastic. I know its alot like rolling the dice. You can bet 5 dollars that you will roll the 12 and if you hit it, it pays 30 to 1. But how many 5 dollar bets do you lose trying to hit that puppy. Quite a few! Those contests are quite silly really. Its not about how good a trader you are, its about how lucky you are. Unless you can pull that kind of return EVERY time, then you are just a lucky trader.