$100,000,000,000,000,000 In three months

ElectricSavant · Aug 28, 2006

What platform did you use? I have trouble entering in so many digits quick enough...

Quote from Businessman:

Leverage is not required, 1:1 is all you need, this is all done by the magic of compouding.

Businessman · Aug 28, 2006

Quote from ElectricSavant:

What platform did you use? I have trouble entering in so many digits quick enough...

I phone my orders to my broker. When i tell him to sell 100 GBP at
the market, that actually means sell $100 quadrillion GBP...

ElectricSavant · Aug 28, 2006

ahhh...ok TY..so that spike was NOT a data entry error...are you the flipper?

Quote from Businessman:

I phone my orders to my broker. When i tell him to sell 100 GBP at
the market, that actually means sell $100 quadrillion GBP...

NZDSPeCIALISt · Aug 28, 2006

Quote from Businessman:

I phone my orders to my broker. When i tell him to sell 100 GBP at
the market, that actually means sell $100 quadrillion GBP...

Not possible. Even if you had 30 10 billion$ accounts (with different prime brokers/banks etc) and simultaneously (say within 3 minutes) bought or sold $200 bill (@20:1 leverage) in cable - you would seriously not be able to offload such a trade unless you moved the market 100 pips (remember cable has about 250b.$ a day turnover (half of it in spot). Soros did something like this is '92 (smaller scale) and if you thought that cable was going to surge/tank (500-2000 pips) then it would be worth it.. In this situation I would set up (or buy) my own bank and credit lines and get EBS/reuters accounts for myself.

Businessman · Aug 28, 2006

Quote from NZDSPeCIALISt:

Not possible. Even if you had 30 10 billion$ accounts (with different prime brokers/banks etc) and simultaneously (say within 3 minutes) bought or sold $200 bill (@20:1 leverage) in cable - you would seriously not be able to offload such a trade unless you moved the market 100 pips (remember cable has about 250b.$ a day turnover (half of it in spot). Soros did something like this is '92 (smaller scale) and if you thought that cable was going to surge/tank then it would be worth it.. In this situation I would set up my own bank and credit lines and get an EBS/reuters acc. for myself

I cant reveal all my methods on ET (incase other traders
steal some of my liquidity), but there are ways of doing this
kind of size without much slippage.

inCom · Aug 28, 2006

Quote from nitro:

I was just wondering if this is possible. That is only 100 Quadrillion dollars.

nitro

I did it last week when I was learning how to trade. I can teach anyone how to do it for a measly 10.000$.

GS

romik · Aug 28, 2006

Quote from inCom:

I did it last week when I was learning how to trade. I can teach anyone how to do it for a measly 10.000$.

GS

10 bucks is too much

inCom · Aug 28, 2006

Quote from romik:

10 bucks is too much

I meant 10,000$. I changed "," with "." (Italian standard).

inCom · Aug 28, 2006

Hey, even 10,000$ is not that much, we are speaking quadrillions here.

romik · Aug 28, 2006

Quote from inCom:

Hey, even 10,000$ is not that much, we are speaking quadrillions here.

I am still hoping for some funny catch from the originator