Balthazar
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Hi, guys,
This is my first post, but I do follow the forum quiet often and want to ask everyone the question drilling my brain.
Is there any billionaire?
I just tried a new app on my iPhone, a Compound Calculator, and found out than if I start trading one single contract on emini, say at $1200, making just 3 ticks a day I become billionaire in
Lets take a look. Doing 3 ticks we make $150. It's 12.5% of the 1200 (150/1200=0.125).
Using a compound calculator I find that a sum $1200 contract making 12.5% daily become 988 268.67 in just 57 days. Just 3 months. Ok, if even we take just 1 tick a day and reinvest it, we get 4% a day and it take 138 days to reach our first million.
So, the question is: is there someone who made a million in trading, starting with one contract? Or may be say $200000 a year?
If the answer is "yes, I do" can you provide the broker's statement?
It's not a tricky tread, I hope. I really wish to see people making substantial money for living. So many very expensive and very well kept secret trading methods are sometimes explained here...
Thanks for your help
This is my first post, but I do follow the forum quiet often and want to ask everyone the question drilling my brain.
Is there any billionaire?
I just tried a new app on my iPhone, a Compound Calculator, and found out than if I start trading one single contract on emini, say at $1200, making just 3 ticks a day I become billionaire in
Lets take a look. Doing 3 ticks we make $150. It's 12.5% of the 1200 (150/1200=0.125).
Using a compound calculator I find that a sum $1200 contract making 12.5% daily become 988 268.67 in just 57 days. Just 3 months. Ok, if even we take just 1 tick a day and reinvest it, we get 4% a day and it take 138 days to reach our first million.
So, the question is: is there someone who made a million in trading, starting with one contract? Or may be say $200000 a year?
If the answer is "yes, I do" can you provide the broker's statement?
It's not a tricky tread, I hope. I really wish to see people making substantial money for living. So many very expensive and very well kept secret trading methods are sometimes explained here...
Thanks for your help