$250.00 to $40,000.00 in 6 weeks!

[skc]

Ok, so I deposited the $250.00 that my mother gave me and then used binaries to turn that $250.00 into $40,000.00 over the course of six weeks. During this time I used a combination of technical and fundamental analysis including the timing of 2x RBA interest rate decisions in addition to other company reports which I knew would move the market. I have a Bloomberg Professional Subscription which also helped considerably.

What have you been doing?

You have a Bloomy subscription but you need to borrow $250 from your Mum?!



If you really lucked into that money than please treasure it. Buy your Mum something nice and use the remainder as capital to try out your trading dream. Don't blow it on the next "red/black" punt just because it's money from the market.

 

[tech/a]

Love that Will Robinson!

So

Target Market.

Kids
Low to no income
Impressionable
Need to "Get rich Quick"
2 RBA interest rate decisions Last 2 did zip.

Shoot over to Hot Copper---full of em.

 

[Porper]

Methinks there is an "R" missing in your username, looks like a few of us have fallen for it too!

Nobody has fallen for it, just all having a bit of fun by indulging him. He is obviously either having a laugh with his fictional story telling abilities or...yes he is a scammer trying to hook newbies on here.

 

[tollbridge]

Methinks there is an "R" missing in your username, looks like a few of us have fallen for it too!

(thankful we live in a country where shysters, scammers, gambling addicts and self proclaimed professionals are prevented from giving financial 'advice'.)

What possible reason would I have for wanting to create some BS story and spread it around on a forum I've been a member on for years? I'm not selling anything, I do claim to be a professional because I've been trading for 10+ years and have a Dip. Business Studies, Bachelor Commerce (Finance) and a Master Applied Finance. I'm a member of Finsia if anybody cares to look it up and the "Bloomy" subscription is free when you are studying a doctorate at University.

I really just wanted to create some light in this gloomy forum, thanks to those who were kind and inspirational, for those who prefer the 9-5 daily grind please continue to work for the companies I trade.

 

[tollbridge]

If it means that much to you I'd be happy to have a moderator via team view watch me log in to IG and view the trades.

 

[tech/a]

I am physically unwell which is a lot of the reason why I returned back to trading (it allows me to rest when I need to) and simply wanted income to pay the bills. I knew that I had the experience to be able to consistently make around $1000.00 a week which was comparable to what I was making working for somebody else.

It gets better.

I do claim to be a professional because I've been trading for 10+ years and have a Dip. Business Studies, Bachelor Commerce (Finance) and a Master Applied Finance. I'm a member of Finsia if anybody cares to look it up and the "Bloomy" subscription is free when you are studying a doctorate at University.

Working for around a K a week
With a dip in Com Fin a B of Commerce and a Master of Applied Finance and a member of Finsia
and studying a Doctorate. Right-----You were the storeman.

Been trading 10 yrs and borrows $250 off Mum.

You might not look Nigerian but you sure sound like it!

 

[systematic]

Nothing to do with the OP (I get why you said it), but tech/a - being a student and going through the ranks to Masters/Doctorate etc can keep you poor for a very long time. A relative of mine is pursuing academia and is getting into the upper levels now (works part-time to pay the bills)...and it keeps him poor. But he's pursuing his passions and before too long will probably be a world class expert in his field.

Just saying...being a poor student doesn't negate that someone may have incredible insights and value to add.

 

[kid hustlr]

misread the title thought it was going to be a story of someone dropping 210k

 

[burglar]

misread the title thought it was going to be a story of someone dropping 210k

I've dropped from $30k to $12k in 14 years.

I'm clawing it back, one cent at a time. :

 

[tollbridge]

I've just emailed IG and they are in the process of drawing a statement from the 1st July 2014 to this evening. When I get it I'll post it for verification.

 

[burglar]

... I'm not selling anything, ...

Not provable, but I believe you!

.... I really just wanted to create some light in this gloomy forum, thanks to those who were kind and inspirational, ...

Yes, it can get gloomy ... but we'll try to fix that for you.



Visit Smooth_Banter_Radio!!
Hola

 

[trainspotter]

I've just emailed IG and they are in the process of drawing a statement from the 1st July 2014 to this evening. When I get it I'll post it for verification.

Thanks for being such a sport tollbridge.

Try this one next time !!

HE fleeced $20 million from a bank by doctoring a $20 refund cheque, but a Mount Gambier fraudster’s momentary windfall has reaped him almost four years’ jail.

Grahame Bell, 65, was today sentenced for defrauding the National Australia Bank in an audacious scheme that, for a short time, actually succeeded.

Bell pleaded guilty to dishonestly dealing with a document, namely a $20 refund cheque he received from the bank in April 2012.

He obtained that cheque by deliberately overpaying an account set up in the fake name of “William Turner” — then closed the account and altered the amount on the cheque to $20 million.

In sentencing today, Judge Rauf Soulio said Bell sent the cheque to the bank with a letter explaining it was for major electrical works in a mining project.

He said the money was cleared into the account but was reversed back, hours later, thanks to an “observant” staff member.

“Whilst at first glance it may have appeared the intended offence was so fabulous it was doomed to failure, in fact, had it not been for the observant steps taken by the drawer of the original cheque for $20 the fraud may have been completed and you may have been able to access the funds in question,” he said.

http://www.adelaidenow.com.au/news/...024571775?nk=6cb487344f63b5c88438cc25972d20f7

 

[IFocus]

And you don't even look Nigerian...lol

I read the thread and you pretty much nailed 1st of the bat Porper

 

[Wysiwyg]

Scenario ---

If I bet $1000 the UK100 Index point in 1 minute will be below what it is now then scenarios are

A) lose $1000 if Index above in 1 minute
B) win $700 if Index below in 1 minute

Additionally out of 100 bets with a win/loss of 60/40 ---

60 * 700 = $42000
40 * 1000 = $40000

$2000 better off after 100 bets.

However.

100 bets with a win/loss of 80/20 ---

80 * 700 = $56000
20 * 1000 = $20000

$36000 better off after 100 bets.

 

[pinkboy]

Thanks for being such a sport tollbridge.

Try this one next time !!



http://www.adelaidenow.com.au/news/...024571775?nk=6cb487344f63b5c88438cc25972d20f7

Check this recent one also! NAB arent too smart it seems!

http://www.smh.com.au/national/fast-money-20140804-3d2x4.html


pinkboy

 

[tollbridge]

So price went in the direction you bet and won around 70% on your capital.

Scenario ---

If I bet $1000 the UK100 Index point in 1 minute will be below what it is now then scenarios are

A) lose $1000 if Index above in 1 minute
B) win $700 if Index below in 1 minute

that's correct

 

[skc]

I've just emailed IG and they are in the process of drawing a statement from the 1st July 2014 to this evening. When I get it I'll post it for verification.

It has nothing to do with whether your claim is real or not! You can walk into the casino and get the same result in half an hour. Just bet on the red/black correctly 8 times in a row with the full stake everytime (The chance of this happen is about 2.6 out of 1000. So it's not improbable).

I made a conscious decision. I said to myself:

- I am a trader, this is what I do.
- I am a good trader, successful and able to work with the market to generate strong returns.
- The market is as much mine as it is anybody else's.

I wanted to turn the $2,000 back into the $15,000 I had lost the previous day. In the morning I put on a suit and dressed as if I was going to work. I actually felt confident, I knew I could do it. All I needed was 5 successful, concurrent trades. I did it.

You can't call yourself a trader when your behaviour is clearly gambling. It doesn't matter that you won. It could be your analysis or it could be your luck. It doesn't matter. You know if you continue this way you'd lose eventually. You should email IG and thank them for NOT allowing you to put $35k on a "minute to win it" gamble.

So please don't call yourself a trader. By all means share this story as a lighthearted happy-go-lucky (i.e. ignorant) win. But don't confuse others to think that this is what trading is about.

 

[McLovin]

It gets better.



Working for around a K a week
With a dip in Com Fin a B of Commerce and a Master of Applied Finance and a member of Finsia
and studying a Doctorate. Right-----You were the storeman.

Been trading 10 yrs and borrows $250 off Mum.

You might not look Nigerian but you sure sound like it!

Yeah that's what I thought. Studying a doctorate, has the alphabet after his name but earns $1k/week.

Fun thread for a laugh. I once went to the dish lickers when I was 17 and made $300 on a 30:1 shot. I actually meant to back the favourite and marked the wrong box.

I'd be more interested in seeing the bits of paper of from Lagos University of Technology than the trading statements.

 

[ROE]

$250 to 40K is not enough for me, this only get me a family trip to Europe.

what about Tattersalls gambling service, I heard they provide better bang for the buck
with $10 down payment and no more to pay on a lottery ticket and I could score a 50m power ball jackpot?

is this true? I am new to Australia and I heard this sort stuff exist in this fair dinkum lucky country.

 

[Faramir]

Hi Tollbridge

I am physically unwell which is a lot of the reason why I returned back to trading

I hope that you will look after your health. That is more important. I once needed an eye operation (6 years ago) and I couldn`t even look at any computer screen for more than 10 minutes. Since recovered and started a number of new activities (from my very late 30`s and early 40`s) like:
surfing, surf lifesaving, swimming, just started surf ski paddling last month, being riding motorbikes for years. I hope I can do more.

**********************

Sorry to say that I agree with the sentiments of the majority here. I would love to turn $250 to $40,000, then $2,500 into $400,000, then $25,000 into $4,000,000. Then I can buy another surfboard and some lessons to fix up my poor surfing.

Hope that you get a fan club. Hope that you will succeed. I doubt anyone can replicate anything like you did. I know I can`t.