Turn 100,000 to 1 million in a year!!!!!

Discussion in 'Trading' started by Dream, May 11, 2008.

  1. I've turned $23000 into ...




    drumroll....













    still holding?





    this is good..





    $22,400.


    WAAAAAAAAAAAAAAAHHHHHH
     
    #21     May 25, 2008
  2. :) Funny.

     
    #22     May 25, 2008

  3. The answer is yes, you need to make a bet with the odds 10 to 1 for this to happen and not lose, easier said than done. That's only a few lucky rolls at the roulette table and you don't have to wait as long. Most people aren't willing to lose $100,000 to make $100,000, whether trading or gambling, look at sharpe ratio if you are at all serious.
     
    #23     May 25, 2008
  4. cvds16

    cvds16

    Also, don't use stoplosses, they only turn your paper loss into a real loss, that way you become a loser, you need to be a winner, so max out your account, don't use stoplosses, just be a winner and you will be a billionaire by next year the latest ...
     
    #24     May 25, 2008
  5. Gargantuo

    Gargantuo

    Wouldn't it be quicker just to trade SCT, that way he could lose everything and be spared the pain of marriage
     
    #25     May 25, 2008
  6. Yes, watch me do it here in ET in real-time. Check my threads. In less than a week, I called 6 daily top prices in a row (5 currencies, 1 in NDX).

    Latest 5 are here:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406
    and

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=127543
     
    #26     May 25, 2008