Teenager who turned £2,000 into £21million in a year.

Discussion in 'Wall St. News' started by petersen82, Apr 8, 2015.

  1. Sure, anything's possible. If he used options that would make it much more attainable.
     
    petersen82 likes this.
  2. blakpacman

    blakpacman

    from comments below article:

    mcronnie1995 | February 02 2015, 12:57PM
    i call absolute ********. ... I knew Sam personally, he left school with barely 2 GCSE's and I doubt he even has the brain capacity to be able to calculate the stock markets. Also, **** off did he play first team rugby for Kelly College, and not everyone at Shebbear College is an uneducated farmer, which is rich coming from Sam Cook who had to cheat on every test he ever took, and left school with 2 GCSE's. There are plenty of successful people who came out of Shebbear without ********ting their way through life.
     
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  3. Visaria

    Visaria

    It is possible when you use the 3 way bet system:

    Sam has twin secrets. He has a trading program he has developed himself, which works on the ‘three-way bet’ system overseeing his multiple, continuing trades: if the market goes the wrong way on three successive bets, his planned trades are automatically reversed. So, if a price falls and Sam has gambled on it rising, he won’t continue to lose out.





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  4. dealmaker

    dealmaker

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  5. This seems to me complete nonsense:"I have been offered £59million for that software but I’m not selling."

    First of all it is difficult to sell an automated system that worked only 1 year. For what I know trackrecords shorter than 5 years are not good enough for professional buyers. And amateurs cannot spend 59 million. So who made this offer? Santa Claus? Probably insane Claus.

    Secondly these buyers would want to see all trades in full details. Nobody makes such an offer only because someone tells he made millions. Nobody makes an offer before seriously analyzing all the trades and the system. But there is no mention of buyers analyzing his trades, or negotiating a deal, he immediatelly refused the offer. They surely will not offer 59 million based on all they know, or better did not know.
    Thirdly he made 6 million in 1 day, sitting on the beach, watching his phone?

    Future will show us if it is true.
    ‘three-way bet’ system is not a miracle solution. If he loses three times he reverses his position
    and he won’t continue to lose out? He can start three losing trades after he reversed his position too. Why is it sure he will not lose anymore after three losses and a reverse?

    Is it not horrible to be on ET? We read every few weeks from boys who make millions but ET members are never in the news for their millions profit. Even making 100K is already impossible for most. Shouldn't we feel stupid if we compare us with these young supertraders?
     
    Last edited: Apr 8, 2015
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  6. motif

    motif

    Im jealous-his system has nothing to do with technical analysis
     
  7. Some of these success trading stories that come out every-so-often seem crazy. -- I'm not saying it's fake or anything...but that is relatively rare to accomplish.:eek:
     
  8. motif

    motif

    Its called, Reverse Scale Trading
     
  9. My system is more powerful. I trade in simulation, and when I have three losses in a row I do the "reverse scale trading" and take only the next trades which are profitable in real trading. So the losing ones stay in simulation and the profitable ones are real. It is clear that my return is massively better. But I keep this secret system for myself, will not share it.
    :cool: :D
     
    #10     Apr 9, 2015