$1,000,000 in 3 Months

Quote from Tums:

Thanks for the heads up.
Do you know the flaw?
Are there any analysis on the web?
More...


The flaw is in the sytem traded. If the system fails, no mm can help you. Other than that, it is a valid strategy for MM. There are really 3 different methods/strategies out there. By far, the optimal strategy is called optimal f, it will grow your acct the fastest.
 
Yes its possible, but not in 3 months

Give 6 months to this guy, read his blog, and talk to me in 6 months.


http:\\especulando.blogs.sapo.pt

especulando.blogs.sapo.pt

And best of all, only 1 or 2 trades a day, you can even go to beach meanwhile.

Talk to you in six months
 
Quote from Besttrader2006:

Yes its possible, but not in 3 months

Give 6 months to this guy, read his blog, and talk to me in 6 months.


http:\\especulando.blogs.sapo.pt

especulando.blogs.sapo.pt

And best of all, only 1 or 2 trades a day, you can even go to beach meanwhile.

Talk to you in six months
More...

I bet you know that guy really well....you probably look at him in the mirror every day.
 
I want to make $1,000,000 in 3 Months
(say, with a starting capital of $50,000)

I have no idea how to achieve this.
Maybe your input can help.
You can tell me I am crazy. All inputs are welcome and taken seriously (but not personally).

I have been feeling lazy, trading aimlessly through life; picking up a few points here, a few points there.
I am trading stocks, options and futures, and a bit of forex (I prefer forex futures).

Ok, I am making money, but I have lost all purpose of it.
I need a challenge.

That's why I dream of making $1,000,000 in 3 months.

Is it impossible?
I have seen people do it.

Napoleon Hill said ' What ever the mind of man can conceive and believe it can achieve'

Can you conceive making $1mil in 3 months?
Do you believe it can be done?
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First you need to pick a three month period when your system
does really well.

But you never know when that three month period will be.

But you might get lucky, perhaps wait for another war or
the Feds to change stance. Basically any catalyst that will make
the market action very favourable to your system for atleast three months.

Then you need to bet around 20% a trade, just about marginable
with Futures and day trading. . Optimcal f might not be marginable.
 
Quote from mschey:

The flaw is in the sytem traded. If the system fails, no mm can help you. Other than that, it is a valid strategy for MM. There are really 3 different methods/strategies out there. By far, the optimal strategy is called optimal f, it will grow your acct the fastest.
More...
Thanks for your suggestion.

I am reading Ryan Jones's book. He has a section on explaining why Optimal f is great math, but useless when it comes to practical application in trading. (pg. 67)

In the book he is proposing his invention -- the Fractional Ratio method. I should get to that chapter by Sunday evening.
 
Quote from Grob109:

Your statement is one that deserves some consideration.
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Grob: I have read and reread your post 30 times since 08-21-06 04:19 AM. I think I have finally got the first idea of what you are trying to tell me. I shall write out the answers to the 2 questions, then get on with researching step "A".
 
Do the Zanger approach. Not sure of his money management, but punt the whole lot on chart patterns that are looking to explode. Of course you'll probably have to get out more often than not, but you'd have to get onto a few big rides.

Don't try and make a trading system or use maths, lol - this is gambling. Just find probable pattens and trade the lot, or maybe 50% and do two trades at once.

Use a MM CFD provider or maybe options, that way you won't move the market.
 
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