Yes except you are missing the simple fact that you cannot find anything that will double your money with only a 10% chance of losing it.Quote from TheSorcerer:
HUGE gains are possible for those who are willing to go broke. Its the simple fact of life. I am willing to go broke because I have nothing much to lose.
Quote from TheSorcerer:
HUGE gains are possible for those who are willing to go broke. Its the simple fact of life. I am willing to go broke because I have nothing much to lose.
Quote from GTS:
Someone with $1,000,000 would love to place 20 $50k bets on such a proposition...just think what kind of return a fund manager would have with those odds...you are not thinking logically.
Quote from TheSorcerer:
I have $50,000 that I am willing to lose for a 90% chance at $100,000 in a short time (less than a year), where I am willing to risk a 10% chance of losing everything. I am looking for a 100% bet.., but I am willing to lose it as well. help...
The effort has to be minimal as I am not able to focus on the markets during day time. I am looking for that one big idea that you may have and is willing to share... THANKS...
Quote from hwkaiser:
I do believe the Brit lost his bet... which would fit in the OP's business plan of losing it all.
really, gutsy move... surpasses my risk appetite...