I have done 10x a few times in one year. But not multiple years in a row. Thats the almost impossible part.
But its also an illustration of how deceptively easy trading looks. Just netting 1R a week, with 1R=5%, for 3 years will turn $5000 to $10 million. Yet no one in reality can do it. No one can consistently net just 1R per week.
Hello Businessman, There are traders and machines trading like this. These traders and machines are just not on the ET website sharing the secrets. Yes, of course, there are ES traders/algos trading like this. Or think about it wisely? If the nooone was trading like this (this meaning turn $5000 to $10 million.), then the ES ticks would not be moving every nano seconds. So yes, the ES futures market exist for you and I to get rich, quickly. Because if you dollar cost average the SP 500 index, it will take you too long to get rich. That I why I trade the ES futures market to get rich. Because I can not sell drugs or go to jail. Selling illegal drugs and trading the ES futures market is the only way to get rich quick in America. Another thing is there is ES trading secrets noone shares. If I knew how to get rich in ES trading futures, I would never tell you anything at all in life. The ES futures millionaires are simply not tell you the secrets. that is all it. And they are correct to never share. Cause I would never tell my trading secrets with anyone.
But you are giving away your secret to making millions by dollar cost average the S&P Because you have revealed your secret you can bet it will now go sideways for many years, like it did between 1999 and 2012 13 whole years of sideways/range bound action in the S&P 500
LMFAO HAHAHAHAHAH that is funny right. If DCA S&P is the secret, then why are we ALL here trading futures and options and breaking our brain trying to day trade?? We are here because no-one (atleast not me) told us at 17 years of old to DCS SP 500 index monthly. Period
These algos acting on Roaring Kitty's tweets are insane. CHWY gained and took back $4B in market cap over a puppy face. WOOF rallied hard too.
I would love to help expose this fucking fraud anyway I can. With that said, I don't see how you catch him here.
Why not just take advantage of the situation? These rallies never last, just buy a shitload of puts...