4th largest shareholder of GME: Roaring Kitty

It is not possible, you dumb cracker. I have told you this many times, and you have ignored me.

So FOAD.

 

Hello Overnight,

Why is not possible to turn $5000 to $1million within 3 years trading ES with day margins of $500?

 

Stop asking the same questions over and over again, and not listening to the audio answers being provided to you.

 

Hello Overnight,

What are you and I going to do to get rich in the ES markets within 3 years?

 

Risk 5% of your account on every trade.

You need to net just 1R per week.

Im sure you can do that, an experienced trader like yourself should have no problems making 1R per week.

You will end up with about $10 million after 3 years, if you can stick to 5% per trade and net just 1R per week

 

The least shocking news headline ever will be when I read
"Roaring Kitty charged with securities fraud"

This is just the most standard fraudster behavior. Once the fraudster gets away with it once, the temptation to keep going is just too much.

 

Good Morning Businessman,

Thank you for your replying. I appreciate you

Yes I have alot of experience with the ES price movement day to day.

Just to make sure I perfectly understand.

If I have an account balance of $10,000 ,only risk 5% which is $500?

And aim to make 1R a week which is $500 a week?

 

$500 is the risk amount for a $10,000 account.

When you have increased account to $11,00 your risk would be $550.

You might need to trade MES in the early days as well as ES for the fine tuning of risk and position size.

If you can keep compounding, just 1R per week, 5%, you should have millions by end of year 3, $10 million in fact.

Start balance: 5K
Year 1, $65K
Year 2, $800K
Year 3, $10 million.


In Year 3, you will be swinging a pretty big line, probably 100s of ES contracts per trade, depending how close your risk stops are, but ES is liquid enough.

(Of course you would have to be the best ES trader in the world to successfully do the above )

 

Good Morning Businessman,

Thank you for the explanation. I really enjoy this conversation. My goal is to be a millionaire ES trader within 3 years from now. Yes, I have to be the best ES trader in the world day for day. This is a must.

Question please.

How did you calculate $65K in year 1?

Thank you

 

That is a nice goal. Would you mind starting your own thread about it? It has nothing to do with RK or GME.

Or just buy GME calls...