$50,000 turned into $1M

Discussion in 'Professional Trading' started by sp2020, Feb 12, 2014.

  1. dealmaker

    dealmaker

    How many people on here would have had access to an investment at Angel or VC round? I am pretty sure none or at best single digits...
     
    #31     Feb 23, 2014
  2. NoDoji

    NoDoji

    Your answers to these questions will be very insightful:

    What size stop loss will you be using?

    Based on that stop loss and your .04 average profit target, what is the win rate of your system over the last 100 trades that would've qualified under your trading plan? What is the win rate over the last 200 qualifying trades?

    How much slippage have you estimated on trades that get stopped out before reaching your profit target?

    How does the phrase "Eat like a bird, poop like an elephant" apply to trading?
     
    #32     Feb 23, 2014
  3. sharpe

    sharpe

    Tim Grittani went from $1,500 in 2011 to $1,000,000 in 2013. Presumably he achieved this trading penny stocks according to Tim Sykes.
     
    #33     Feb 24, 2014
  4. dealmaker

    dealmaker

    And if you buy his courses he will take you from $1.50 to ten million...
     
    #34     Feb 24, 2014
  5. blakpacman

    blakpacman

    That's the point. And how many people here will turn $50k into $1m:confused:
     
    #35     Mar 4, 2014
  6. nursebee

    nursebee

    Double the starting the capital and I might answer 2 years....:D
     
    #36     Mar 4, 2014