fast way to 1mln

[wareco]

Quote from Hydroblunt:

Smart thinking. Also intraday misses out the overnight gaps and breakouts.

Yeah, well that works both ways.

 

[scalper12]

Quote from radolym:

If you work with 200K what is the best way to make 1mill in 2 years? Is it better to make a lot of small gains, 5%-10% each or catch several big trends?

You should buy a GEM membership at the CME for 22,000. Put $140,000 in 3 month CDs getting between 4.5-5%. Keep rolling the CDs over. Take the remaining $35,000 and open a futures account to trade ER2 contract(Russell 2000).

Because you would own a GEM seat your clearing fees would be .095 cents plus .25 globex fee(the globex fee is capped at $50 a day). Most clearing firms would let you day trade 30-40 contracts of ER2 with 35,000 account.

Because your clearing fees and commission would be so cheap it would be advantageous for you to trade actively. You would not take any positions overnight.

Your daily loss limit should be roughly $1500 and with the ability to trade 30-40 contracts you could easily have a daily goal of 3,000-5,000. IF YOU ARE A BRAND NEW TRADER YOU SHOULD NOT TRADE 30-40 ER2 CONTRACTS!!!!


If everything works out after 2 years you could be a millionaire. If things do not work out after two years you would have lost 35,000. You would have made 12,600(4.5% on CDs) and you will still own the GEM seat which you could sell for roughly the same price. If the ER2 contract keeps growing you might be able to sell the membership for a profit!!

After 2 years you either reach your goal and make a million or you lose 23,400.

By the way if things do not work out after 2 years you will have enough day trading/scalping experience that you probably could get hired at a prop shop trading house money. In 2 years I will hire you to trade.

 

[cnms2]

Do you have a profitable trading method? I guess you have no trading experience, so my advice is to cool down, forget for now your dreams of getting rich quickly, and start learning and practicing. Pretty soon you'll understand how foolish your question is. If there were a positive answer to your question, why wouldn't everybody do it?

Quote from radolym:

If you work with 200K what is the best way to make 1mill in 2 years? Is it better to make a lot of small gains, 5%-10% each or catch several big trends?

 

[RedManPlus]

Quote from cnms2:

Do you have a profitable trading method? I guess you have no trading experience, so my advice is to cool down, forget for now your dreams of getting rich quickly, and start learning and practicing. Pretty soon you'll understand how foolish your question is. If there were a positive answer to your question, why wouldn't everybody do it?

I'm surprised such a naive question elicited so many "serious" responses.

The only way to go from 200K to 1000K in 2 years...
Is to take on a level of risk that will give you a ** roughly ** 50% chance of getting completely wiped out.

Most people that go 5x in 2 years... are just lucky coin flippers.
Bull market... real estate bubble... all-time high in commodities... whatever...
** Truly mediocre people get lucky all the time. **
For every 1000 money managers... 10-20 complete idiots will have spectacular 5 or 10 year record.

And the fact that they got lucky but think they are genius...
Magnifies their future downside dramatically.

rm+

 

[riskarb]

Quote from radolym:

If you work with 200K what is the best way to make 1mill in 2 years? Is it better to make a lot of small gains, 5%-10% each or catch several big trends?

Exotic option gamma on equity index. I've seen buy-siders do monthly doubles on large AUM.

 

["Linus"]

In consideration of a stupid generic question like, "If you work with 200K what is the best way to make 1mill in 2 years?"...

...I'm with Redmanplus on what he said.

L

 

[wanderer]

Contact Jack Hershey (Grob109) for the key to the kingdom.

Quote from radolym:

If you work with 200K what is the best way to make 1mill in 2 years? Is it better to make a lot of small gains, 5%-10% each or catch several big trends?

 

[LFS]

Nicely thought-out plan.

But...

Trading 30-40, with $1,500 daily limit, means setting initial stop to 4-5 ticks.

ER2 moves 4-5 ticks in an eye-blink.

Quote from scalper12:

You should buy a GEM membership at the CME for 22,000. Put $140,000 in 3 month CDs getting between 4.5-5%. Keep rolling the CDs over. Take the remaining $35,000 and open a futures account to trade ER2 contract(Russell 2000).

Because you would own a GEM seat your clearing fees would be .095 cents plus .25 globex fee(the globex fee is capped at $50 a day). Most clearing firms would let you day trade 30-40 contracts of ER2 with 35,000 account.

Because your clearing fees and commission would be so cheap it would be advantageous for you to trade actively. You would not take any positions overnight.

Your daily loss limit should be roughly $1500 and with the ability to trade 30-40 contracts you could easily have a daily goal of 3,000-5,000. IF YOU ARE A BRAND NEW TRADER YOU SHOULD NOT TRADE 30-40 ER2 CONTRACTS!!!!


If everything works out after 2 years you could be a millionaire. If things do not work out after two years you would have lost 35,000. You would have made 12,600(4.5% on CDs) and you will still own the GEM seat which you could sell for roughly the same price. If the ER2 contract keeps growing you might be able to sell the membership for a profit!!

After 2 years you either reach your goal and make a million or you lose 23,400.

By the way if things do not work out after 2 years you will have enough day trading/scalping experience that you probably could get hired at a prop shop trading house money. In 2 years I will hire you to trade.

 

[makloda]

Quote from radolym:

If you work with 200K what is the best way to make 1mill in 2 years? Is it better to make a lot of small gains, 5%-10% each or catch several big trends?

There is no best way to make 400% in 2 years, be it starting with 2k or 200k. Actually, there is probably no way to rationalize planning to make 400% in 2 years unless you can see into the future.

Get your feet back on the ground. Do your homework first before dreaming how to spend your millions...

 

[sevnseat]

You need to add the warren buffet strategy to your choices.

Once asked the best way to get a million in the market he replied:

"Easily, start with a billion dollars and buy airline stocks."

I'm a chartist, but that's funny...