Is it possible to turn 25.000 to 2.000.000 in a day ?

Discussion in 'Trading' started by anniecalvert, Feb 3, 2018.

  1. ElCubano

    ElCubano

    drive to your local gas station, get off car, go inside, ask for $25,000 worth of quick picks and that’s it. Good luck.
     
    Last edited: Feb 3, 2018
    #11     Feb 3, 2018
  2. Overnight

    Overnight

    Find someone in Vegas who is betting the Cleveland Browns will win the super bowl next year, and bet against the lot. You'll be a gazillionaire. And that is guaranteed!
     
    #12     Feb 3, 2018
  3. samuel11

    samuel11

    #13     Feb 3, 2018
    Peter10 likes this.
  4. Yes with some kind of options play and getting ridiculously lucky but the probability of you guessing right is pretty much zero. Also you would loose your entire 25k in a week because you only have enough ammo for 1 trade.
     
    #14     Feb 3, 2018
  5. Peter10

    Peter10

    chf didn't crash, it went up. or are not referring to what happened on 15 January 2015.
     
    #15     Feb 4, 2018
    heispark likes this.
  6. Pekelo

    Pekelo

    Actually, after a 700 pts Dow drop on expiration day, one only needed to buy slightly OTM puts for 5 cents and they ended up being 2-3 bucks. That is the answer to OP's question.
     
    #16     Feb 4, 2018
  7. zdreg

    zdreg

    yes. there are some posters on ET who possess this unique talent.I should have left out the word unique. it is about the same percentage as people in the US who have brown hair.:sneaky:
     
    #17     Feb 4, 2018
  8. JackRab

    JackRab

    Definitely possible.

    On Friday, one week before expiry... you buy 25k worth of delta 5 calls. Then over the weekend takeover negotiations are finalized and on Monday the stock opens +25/30%. Calls are worth 2.5-3 mln.

    You need decent insider info for this... and it's actually illegal... but definitely possible.
     
    #18     Feb 4, 2018
  9. wrbtrader

    wrbtrader

    Its as much possible as having a black hole enter our solar system and swallowing it up...

    One in a trillion but anything is possible if all the right variables show up that's not trading related.

    Yet, most newbie traders don't care about the odds against them. They only care that "its possible". :banghead:
     
    Last edited: Feb 4, 2018
    #19     Feb 4, 2018
    Gotcha likes this.
  10. johnnyrock

    johnnyrock

    And the other half turned 2 million into 25 grand
     
    #20     Feb 5, 2018