What kind of approach can make you INSANELY rich?

Discussion in 'Trading' started by trade5656, Feb 9, 2017.

  1. Zzzz1

    Zzzz1

    Timing is everything as always.

     
    #21     Feb 9, 2017
  2. speedo

    speedo

    Distressed mortgage paper almost blew up the world's economy.
     
    #22     Feb 9, 2017
    DallasCowboysFan likes this.
  3. Zzzz1

    Zzzz1

    And also handed a fortune to those who understood it. Distressed debt investments and trades are the underlying building blocks of one of Asia's most successful hedge funds based here in Hong Kong. The more opaque and complex the more juice there is for the one not being afraid to dig in and the one keen to study details and specifics. It does not hurt to pepper that with good relationships and information sources as long as it is on the legal side of things.

     
    #23     Feb 9, 2017
    FCXoptions and lawrence-lugar like this.
  4. bone

    bone

    Marry into some serious money and fuck it all.
     
    #24     Feb 9, 2017
    algofy and jnbadger like this.
  5. kent

    kent

    Best would be, based on current Trend: Access to mind of DJT esp before he types his tweet and more precise, before he types a tweet about a company. You short that stock or buy based on his comment. So you bet your entire wealth with insane leverage and make lots of money. SEC/CFTC will/should ignore your trades or you become friends with all the wall street guys in the WH so that they donot touch you and worst case, you settle with them throwing a bone to them. (you stay away from jail or make some brown guy to trade and claim you were not aware of what he was doing! ) ..
     
    #25     Feb 9, 2017
  6. ironchef

    ironchef

    Time, compounding and luck.
     
    #26     Feb 10, 2017
  7. Make 2 ES points a day with 1000 contracts
     
    #27     Feb 10, 2017
    algofy likes this.
  8. Did anybody actually expect Greece to make good on their bonds?
     
    #28     Feb 10, 2017
  9. Have you seen the P&R forum, or what's left of it? Some of the folks there forwent the "rich" part and went straight to "insane." :D
     
    Last edited: Feb 10, 2017
    #29     Feb 10, 2017
  10. speedo

    speedo

    :D
     
    #30     Feb 10, 2017