How do I turn a $1000 trade to $100,000 within a year instead of 10 years?

Discussion in 'Trading' started by nxt7, Apr 1, 2017.

  1. cr8or

    cr8or

    I might dis
    Well, it was a hard job! My initial idea was to prove myself if I am capable to make a million by starting with just $10k. I put together a trading journal to keep on track with projected targets.
    This journal was just an excel file with projected daily gains of 3, 4 and 5%.
    I nkew I had to reach the 100% very fast so I can continue by putting only my profits at risk.
    I did explain in another Topic my trading strategy and ROE. Those were my guidelines. I have to point out, I was only day trading. Main reason was the fact that I started with 500:1 leverage and wanted to keep the leverage ration intact to finish. My broker would have lowered my leverage as soon as I reached $100k.
    For that reason I openend a new account which acted as deposit. Every single evening, when I was done for the day i moved all my profits into this deposit account (which is btw a normal trading account) leaving the $100k. At midnight when my broker, and I believe all other brokers perform swaps and other calculations, my account holds only $100k and the leverage stays the same.
    I needed that insane leverage to stay on course with my trading goals. I used have positions beyond 100 lots because I have been on a hunt for 10, 20, 30 max 50 pips (points).
    To cut the long story short: I started on April 18th 2016 with $10k and was at $245,986.83 on June 10th. Made a short break and went on it again on June 13th with aforementioned $246k and ended October 11th with $3,513,412.98 on my account. Deducting the $10k I started with, the final profit was $3,5 million.
    All profits have been made trading the FX market and sometimes Gold.
    Afterwards I placed $100k again and traded smaller just end the year with $160k on that account.
    On January 4th I challenged myself again with the goal of making half a million before I go on ski vacation. Utilizing the very same strategy I used before, I started with $160k and closed my challenge on February 23rd with $670,556.15 on balance, meaning just over half a million in profit.

    Cheers
     
    #71     Apr 4, 2017
    joelle, Turveyd and smallStops like this.
  2. thaitye

    thaitye


    What broker do you use?
     
    #72     Apr 4, 2017
  3. Nereto

    Nereto

    It takes a certain kind of man to make such claims without backing it up with any kind proof.
     
    #73     Apr 4, 2017
    comagnum likes this.
  4. cr8or

    cr8or

    FX Primus
     
    #74     Apr 4, 2017
  5. cr8or

    cr8or

    Why would I prove you or anybody alse anything? I just aswered the Topic. You may choose to believe or choose not to, it's up to you. I know what I did and that's all that matters to me.

    Cheers
     
    #75     Apr 4, 2017
    ironchef and themickey like this.
  6. Nereto

    Nereto

    Cool story bro.
     
    #76     Apr 4, 2017
  7. vanzandt

    vanzandt

    Back to the original question....
    The Braves are going off at 100 to 1 to win the Pennant.
    That might be an option.
     
    #77     Apr 4, 2017
  8. thaitye

    thaitye

    He's right though. Maybe you don't want to believe it because you don't want to accept that making big gains like that is possible. But it is possible, highly improbable though. You can choose to believe him or not. If I was making cash like that, I would never go through the time to prove to random people on ET that my profits were real. He answered the question, its up to you to believe him.
     
    #78     Apr 4, 2017
    themickey, Mtrader and lawrence-lugar like this.
  9. Overnight

    Overnight

    We do not believe you. Prove it.
     
    #79     Apr 4, 2017
    comagnum, vanzandt and Nereto like this.
  10. Nereto

    Nereto

    You're right it's up to me to believe him and I don't.

    I mean sure, some random guy from Belgrade that has 8 posts could be turning $10k accounts into $1mill accounts like it ain't no sweat OR this could be the beginning stages of setting up "guru" status and building rep on this board in order to sell some kind of course to newbies in the not too distant future. So YOU tell me which option is more plausible?

    After reading your post it seems he's already got at least one client lined up!
     
    #80     Apr 4, 2017