SERIOUS DISCUSSION - How to make £150,000 in two months

Discussion in 'General Business' started by network, Jul 3, 2007.

  1. KingNomar

    KingNomar Well-Known Member

    Messages:
    1,825
    Likes Received:
    123
    Best Answers:
    0
    Trophy Points:
    155
    #41
    I am working in the web biz for more than 8 months now and I finally make $ 1k + a month..
     
    KingNomar, Jul 6, 2007 IP
  2. bochgoch

    bochgoch Peon

    Messages:
    1,918
    Likes Received:
    67
    Best Answers:
    0
    Trophy Points:
    0
    #42
    Hey, he switched from £ to $ in there somewhere ... already cut his aspirations in half :)
     
    bochgoch, Jul 6, 2007 IP
  3. randerraghav

    randerraghav Banned

    Messages:
    391
    Likes Received:
    12
    Best Answers:
    0
    Trophy Points:
    0
    #43
    thanks for someone admires my posts :0
     
    randerraghav, Jul 6, 2007 IP
  4. nextfx

    nextfx Peon

    Messages:
    42
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #44
    Not trying to be a jerk or anything, but it's not possible to multiply by 100's in seconds. If you were to invest $1000USD, and use all available resources @ 400x leverage (lets say EURUSD), you might be able to trade 300,000 units maximum. (Keep in mind if you have any drawdown whatsoever you will reach margin call). This being $30/pip, you could double with a 33 pip movement. If you wanted to multiply your money by 100x, the market would have to move 3333 pips, or from the current EURUSD price of around 1.3700, it would have to move to 1.7033, or 1.0367. Of course this assumes you want to make all your money in one trade/direction. The odds of using a series of market fluctuations at almost 100% margin and actually winning is extremely low (as close to impossible as you can possibly get). $1000 -> $2000 -> $4000 -> $8000, etc. Even if you're the luckiest man on Earth and somehow managed to win everytime, you wouldn't be able to pull it off in seconds.
     
    nextfx, Aug 12, 2007 IP