How long to become a millionaire

Discussion in 'Chit Chat' started by bahdabing, Jul 20, 2008.

  1. cool it, mathletes!
     
    #11     Jul 21, 2008
  2. amitman

    amitman

    Ha!
    Taking only 3 points per day in the ES will make your 2,500$ account a 1mil in just 132 trading days. Nice.
     
    #12     Jul 21, 2008
  3. #13     Jul 21, 2008
  4. shrtblck

    shrtblck

    Im sorry for my lack of knowledge, what are you guys basing the trades as. in other words what are you trading? CFD's, Options,Short, Long etc

    Im kinda lost as i dont know how you are working out the points system?
    :confused: Help would be apprciated..
     
    #14     Jul 21, 2008
  5. shrtblck

    shrtblck

    Im sorry for my lack of knowledge, what are you guys basing the trades as. in other words what are you trading? CFD's, Options,Short, Long etc

    Im kinda lost as i dont know how you are working out the points system?
    :confused: Help would be apprciated..
     
    #15     Jul 21, 2008
  6. clacy

    clacy

    This is based on fiction.
     
    #16     Jul 21, 2008
  7. I love the fortune cookie like responses...

    " You need to be making a profit for each trade to become a millionaire. At the moment you're not doing that.
    "

    " I tried to calculate how long it would take you to become a millionaire but I stopped after 10,000 trading days. Your capital had grown from 10000 to 58912.0000
    "

    "I'm sorry I can't computer. Your starting capital is less than your margin."

    Does this mean my strategy is good?

    :D
     
    #17     Jul 21, 2008

  8. What exactly is the Hershey method? I see so many polarizing posts about this - some traders apparently seem to believe it works while others don't. :confused:
     
    #18     Jul 21, 2008
  9. calculators tell the truth
     
    #19     Jul 21, 2008
  10. realdeel

    realdeel

    [​IMG]

    Jack rallying the SCT troops
     
    #20     Jul 22, 2008