$50,000 turned into $1M
- Thread starter sp2020
- Start date
Just curious if anyone here has turned $50,000 to one millions through trading? If so, how long it would take.
Thank you
Buy every dip on leverage. If it all doesn't fall apart and you manage the risk well, in 2 years, I imagine you will be there.
Scaleout.Scalper
Guest
You would need a 20 reward vs risk trade, which is not impossible, the hard part is being right on your first and only attempt
ET Alchemy
It is much more common to turn $1 million into $50K
It is much more common to turn $1 million into $50K
You would need a 20 reward vs risk trade, which is not impossible, the hard part is being right on your first and only attempt
traders have a very singular sense of humour! lol
i have my best friend at this time who did this, starting at the beginning of 1998 untilmid 2000) , we were following a system, the main lesson of this is to let your profit run, cut your losses, and to profit from good period of volatility to increase the size of your positions
he turned 50.000 to 2.5 millions in 2.5 years
1998-2000 was like shooting fish in a barrel as was 2008-2010.
