- Joined
- 1 March 2014
- Posts
- 61
- Reactions
- 4
Sorry Aussiefx and Cynic. You're both being ignored.
I do try to offer my cynicism freely, in the hope that it benefits as many genuine forum members as possible.Like I said Cynic. I spent considerable time addressing your accusations today and you ignored the responses so it was not a good investment. I am lead to believe that there are members on here that are committed to wasting the time of others who are here for genuine reasons. This is not good for a forum which is meant to assist people with an interest in a subject. They are in fact the trolls. Not the poster as they claim. As you are an experienced trader please ignore my posts as they won't apply to you considering your success and knowledge.
30% compounded each week without volatility drag caused by loses/ logarithmic nature of returns.
Starting with only $100,104 periods or about 2 years.
=(1.3^104)*100
$ 70,812,290,104,299.40 70 trillion dollars. Would you be the richest person in the world eventually???
View attachment 72563
Sorry I am keeping my 30% system to myself.
I've already addressed this today. Traders make as much as they want to. It's their perogative based on lifestyle, goals and preference. If you only want to trade one month a year to double your money you can. My point is that it can be done.
PS: Hey OmegaTrader. GMTA
You beat me to the post because I took time out to watch the Cats vs Tigers.
Why would any sane person with the knowledge to increase their wealth by 30% a week give that secret away, rather than use it to grow their personal bank account?
Clearly, there is a limit to the total profits to be had. Let's start with $10,000 and compound by 30% a week. After 13 weeks, the result, calculated at 1.3 to the 13th power, gives a lazy 3,029% profit or $302,875. At the end of the 2nd Quarter, we are on $9,173,333, and at the end of year one, the account balance stands at $8,415,003,868, and the gambler will never have to work another day. Some may even be content with the first Billion after 44 weeks. That should finance a reasonably modest lifestyle.
Seriously, any facilitator would invoke a size limit on each trade, and if a single player were pulling that kind of profits, they would do what every other Casino will in a case like that: ban the player or restrict him to $1 bets at a time. The effect is the same in either case: The total pool size to be won is limited, and the more players are "taught how" by the generous OP, the smaller the amount he can win each week.
So, let me ask again: Why would any sane person do that?
On the other hand, let's assume a smart person had hit a lucky streak and won six weeks in a row. Knowing it was a fluke, he might well be tempted to write a book "How I made $2 Million in the Stock Market." oh, hang on, that has already been done. And the author is on record to have lost it all soon after because the conditions turned against him.
Let's call the book "You can make 30% a week trading forex gold."
PS: Hey OmegaTrader. GMTA
You beat me to the post because I took time out to watch the Cats vs Tigers.
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