This Trader made 1 million Dollars on a single day (Pic Includded)

Discussion in 'Trading' started by Wanna_Betrader, Oct 11, 2008.

  1. lescor

    lescor

    BTW, he set a new record yesterday again. > $1M on 4-1 retail leverage, 100% fully automated with systems he designed and programmed himself.
     
    #11     Oct 11, 2008
  2. anyone that trades 5-10 million shares a day better make 1 million a day..........that's the kind of volume that most 100-300 million dollar funds don't even do.

    a lot of long term oriented billion dollar funds probably don't do that kind of volume.
     
    #12     Oct 11, 2008
  3. I imagine MR types had a mind blowing day on friday perhaps.
     
    #13     Oct 11, 2008
  4. 1 million profit on a 24 million account, is the norm I would guess.Around 4% of the total value of the account.Nothing to spectacular.

    Same as making $100 on a $2400 account.
     
    #14     Oct 11, 2008
  5. I would expect ~2cents/shr, so 10M shares/day should produce $100K/day.
     
    #15     Oct 11, 2008
  6. Tell him good job. I can tell the other guys bashing him are not profitable....
     
    #16     Oct 11, 2008
  7. Kap

    Kap

    I am not surprised in this volatility... I hit over 600K USD on whipping 50 lots on the e-minis..best day ever for sure, but still consider myself a piker :)
     
    #17     Oct 11, 2008
  8. if you look at someone on this board called neke he's had a few 5% days lately... totally possible. not on 24mil but on a very respectable ~250k. like someone else said if you can't make money trading NOW when volatility is giving you so many opportunities, then you shouldn't be trading at all.
     
    #18     Oct 11, 2008
  9. gnome

    gnome

    "Override Monkey"... sounds like a heck of a business model... wish I'd thought of it...
     
    #19     Oct 11, 2008
  10. the trick is keeping it.
     
    #20     Oct 11, 2008