Need 900% in 3 years- what would you do?

Discussion in 'Options' started by wekilishorts147, Sep 4, 2017.

  1. Xela

    Xela


    To be cheeky, you can perhaps contact some of them on almost any major institutional trading floor. :D

    To be more serious for a moment (which does occasionally happen), there are certainly some traders in some institutions who are more or less expected, other things being equal, roughly to double their account-size over a 12-month period, and that does equate to an average of about 6.5% monthly, compounded monthly, so it's kind of a "known figure".

    What I think the OP may not quite be taking into account is that those few who can achieve this steadily are among the world's top professional traders, are paid millions, have had really extensive formal education, and many thousands of hours of targeted, supervised screen-time practice, and have a risk manager breathing down their necks, and so on and so forth. Which is why I was asking him about his own skill-set and experience-level (admittedly with the strong suspicion that - albeit doubtless through no fault of his own - it may not quite be one commensurate with that kind of ball-game). I'm "just saying" ... o_O
     
    #21     Sep 4, 2017
    dealmaker, Handle123 and Kim Klaiman like this.
  2. Sorry to be so blunt, but,

    That shows that you have not developed the expertise need to make money in the market.
    This you must admit from the start. Looking for an option to trade that will get you out of Hell is not the answer.
    You will at this rate. Give what's left to charity. You'll feel better.
    Stop trading and spend 24 of those 36 months studying and learning what you need to know in order to make it in the market.
    Do you think that they just jumped into the market without first developing the skills required to succeed, and hoped to make 900% in 36 months?

    You can't go into the ring against the heavyweight champion of the world with nothing more than just wanting to win the title.
     
    #22     Sep 4, 2017
    Xela and Kim Klaiman like this.
  3. You're a bad and defective trader to begin with, no offense.

    Once your acct lost half of its value...you should have pulled out, and did some serious studying and self-reflecting. o_O
    (instead of continuing to do your dumbass gambling.)
    Gambling is an inferior psychological condition...that need or drug feeling...to experience that intense risk and reward.
    Gambling is far from being a normal, logical, rational human being. or trader.

    You need new friends...Stop hanging around people who all go bankrupt trading.-- Bad influences, or bad karma or luck.

    Desperate times, call for desperate measures...bet/trade directionally on basic call and put options.
    It's risky business, but also potentially rewarding as well,

    You can somewhat...relatively easily...make up that 7% you need in a month....in a Week. even day,

    Learn who are the real, and good, traders out there...from people who are just educationally theory mumbo jumbo, but would crap their pants in the real world trader's cockpit seat,
    This is Key...you need to separate the wheat from the chaff.
    You won't go into battle with some video game expert...you would do it with a real soldier.

    Funny coincidence,
    I was watching a video about Rogue Trader Nick Leeson...when I stumbled upon this thread.

    Alot of gamblers/traders...could learn alot about Nick's story.

    Alot of people are inherently defective from the get-go.
    I'm not saying this to look down on them, but to improve their mentality and viewpoints and situation collectively as a whole in trading,

    If you can't predict the future and/or manage it...you shouldn't be trading/gambling,
    You are just dieing a slow inevitable death, if not a quick one,

    Trading is kind of like being a mountain climber or pilot, in a really foggy mountain or environment,
    It requires vision, and calmness, and foresight, and experience and skill,
     
    Last edited: Sep 4, 2017
    #23     Sep 4, 2017
    Jones75 and stepan7 like this.
  4. zdreg

    zdreg

    it does in Venezuela with hyperinflation.
     
    #24     Sep 4, 2017
  5. Lost 90% of what? 10K? A 100K? More? You're willing to take a hundred percent loss, and why the 36 month deadline? The likelihood of your scenario is about zero in the market, but I'll tell you where you'll have a better chance. Take what you have left over to a casino. Belly up to the craps table. Bet the pass line and keep letting it ride until you have the amount desired. You're money will double with every win. One loss will wipe you out, but the good news is you won't waste 36 months. Table limits may come into play. While this is definitely a longshot, the odds are much better than making 900% over three years in the market. And, you'll get free drinks, or a least one free drink while you're gambling. Good luck.
     
    Last edited: Sep 4, 2017
    #25     Sep 4, 2017
    Handle123 likes this.
  6. vanzandt

    vanzandt

    Don't listen to the nay-sayers... go with the bitcoin idea...its your only hope. :D
     
    #26     Sep 4, 2017
  7.  
    #27     Sep 4, 2017
  8. About 1 million to about 100K.
     
    #28     Sep 4, 2017
  9. Handle123

    Handle123

    Am guessing when loan is due?

    Only one free drink? Call pit boss over and show him how much you betting and want show tickets, room, dinner.....
     
    #29     Sep 4, 2017
    CaptainObvious likes this.
  10. vanzandt

    vanzandt