From $5k to $50k

Discussion in 'Journals' started by Money Trust, Feb 3, 2016.

  1. K-Pia

    K-Pia

    What are the stakes ?
     
    #11     Feb 3, 2016
  2. K-Pia

    K-Pia

    I think that such returns are easier made with small amounts. Size effects.. Depends the strategy ... But the probabilities are the same. Scaling.
     
    #12     Feb 3, 2016
  3. K-Pia

    K-Pia

    Sorry. I didn't get it properly. XD
     
    #13     Feb 3, 2016
  4. Troll elsewhere.
    On ignore you go.
     
    #14     Feb 3, 2016
    VPhantom likes this.
  5. fortydraws

    fortydraws

    I think Pekelo's post wasn't a troll post, but just based on the general observation that there must 9999 of these type of journals "$XXX to Y,000,000 in a couple of months" here at ET that usually do not make it past the first page of posts.

    I see that yours is on page 2. So you are to be congratulated for taking it further than most.

    I think there probably are a few who could do something like this, though I wonder if any of them could do it publically. I'm reminded of @speedo's recent post elsewhere:

     
    #15     Feb 3, 2016
    VPhantom likes this.
  6. Pekelo

    Pekelo

    Correct. His journal from last year lasted 3 pages with 2 trades...
     
    #16     Feb 3, 2016
  7. DDR

    DDR

    what is your entry method based on
     
    #17     Feb 3, 2016
  8. Chubbly

    Chubbly

    This thread will die in 3 pages like the last one. In order to so he will have to take risky bets.

    Why not start a thread "From $5K to $6K in one year" That is a 20% gain which is very good.

    If you can repeat that year over year people will throw money at you to invest for them. Actually if you made 10% a year consistently you are doing better than a lot of hedge funds

    With a 2% monthly return, your investment grows at approx 25-26% per year. Start with with $10,000 and obtain that return. Then every year invest 5,000 additional dollars. You will be near $1million in approx 15 years

    To grow 5K to 50K in 12 months means 19% a month. A bit unrealistic
    http://www.miniwebtool.com/exponential-growth-calculator/?n1=5000&n2=&n3=12&n4=50000
     
    Last edited: Feb 4, 2016
    #18     Feb 4, 2016
  9. Visaria

    Visaria

    When dealing with small, miniscule even, acct sizes like $5k, you can leverage up like a maniac and go for ridiculous growth rates. I have seen 5k to 250 k for instance in a year (that guy did blow up a few times though!). So 5k to 50k is achievable, perhaps the odds are against it, but so what!

    Good luck (again, since i wished you good luck in your last thread). Post your trades. Don't be afraid for being wrong or of success. Just do it. If you lose, it is only $5k (i would stop and replenish the acct if you lose say $3k or $4k).
     
    #19     Feb 4, 2016
    VPhantom, williane and Chubbly like this.
  10. fortydraws

    fortydraws

    I agree. I would like to see everyone make a $million
     
    #20     Feb 4, 2016
    Visaria likes this.