Turning $500 into $100,000

Discussion in 'Professional Trading' started by Hybr1d88, Jan 26, 2016.

  1. Hybr1d88

    Hybr1d88

    Make no mistake bro I will return with epic tales of battle. Countless victories to be won through nothing other than my blind ambition. With a ferocious reckless abandon I shall strike down my opposition and come out on top; $99,500 richer before taxes, no strategy required when you have balls made of lonsdaleite. My adventures will provide comfort for all those who will read about my achievements and seek to claim their own fortune. I will be a luminous beacon of hope for all the retards who will surely follow in my footsteps, only to be lead off a cliff. These foolish imitators don't have what it takes to be me. They can't do it like I do it bruh.
     
    Last edited: Jan 27, 2016
    #31     Jan 27, 2016
    d08 likes this.
  2. speedo

    speedo

    Don't forget to take Sancho Panza with you.
     
    #32     Jan 27, 2016
    CSEtrader likes this.
  3. Make it $99,500 AFTER taxes not before.
     
    #33     Jan 27, 2016
  4. ktm

    ktm

    [​IMG]
     
    #34     Jan 27, 2016
    d08 likes this.
  5. Chubbly

    Chubbly

    .....
    You have to make 2.1% gain every single day for a year....

    What is your balance today now that the market is closed?
     
    #35     Jan 28, 2016
    lawrence-lugar likes this.
  6. Eagerly awaiting these amazing results. On pins and needles....
     
    #36     Jan 28, 2016
  7. Kipling79

    Kipling79

    I admire your enthusiasm, but that amount of capital won't survive long when margined.

    Margin calls are a pain, and force you to sell at inopportune times. When dealing in highly volatile equities (which you will have use in order to meet your goal), one unexpected downward movement could wipe your equity out.
     
    #37     Jan 30, 2016
  8. motif

    motif

    You think youll get your money out of the Bahamas? Lol...good luck. Maybe the company will give it to you; probably not.
     
    #38     Jan 30, 2016
    CSEtrader likes this.
  9. motif

    motif

    Doubtful
    Suretrader...
    • ate Occurred: 07/15/2014
    • Reported Damages: $4,954.00
    • Location: offshore


    I got scammed by suretrader. I opened and funded an account and did a little trading. when i wanted to cash out, i got no response from customer service. eventually they said the money was wired out when it wasn't. i kept emailing and never got any other responses. this company is a scam!


    Complaint 332008 Details
     
    #39     Jan 30, 2016
  10. motif

    motif

    Cam says:
    June 29, 2014 at 10:28 pm
    This company is a Fraud, based in the Bahamas out of usa jurisdiction
    They held my money hostage for weeks with ongoing delays when I finally initiated an sec investigation into them for their activites then my money was finally wired to me minus the $100 fee they charge not to mention you have no access to your funds otherwise. the only contact you will have with the broker is through “chat” during trading hours, they notoriously take 10 minutes to get to you and always have to leave for an extended period of time to “check on that for you” after 30-45min if you get issues resolved good for you but often times there is a “RESET” ISSUE that obstructs a trader from getting fills. When you do get fills check your P&L for all the “FEES” applied to your trade – it is NEVER $4.95 as they say it can easily cost you $45 – $180 per side. If you think its okay to pay the price to get around the PDT rule think twice because when I said I would report them to the SEC to their Compliance officer – He threatened to turn me in to the IRS for offshore trading activity.
     
    #40     Jan 30, 2016