From 1k to 500k (Deadline: 2017)

K-Pia · Mar 22, 2016

Yeah, got to practice mindfulness =P
Cut my loss short, don't over trade .. Foster luck.

Yes you're right. That odd is actually 0 !
Since I either end broke or reach my goal.
In due time or not. That's the two conditions,
The two absorbing barriers. Otherwise I won't stop.

Turveyd · Mar 22, 2016

K-Pia said:
Yeah, got to practice mindfulness =P
Cut my loss short, don't over trade .. Foster luck.

Yes you're right. That odd is actually 0 !
Since I either end broke or reach my goal.
In due time or not. That's the two conditions,
The two absorbing barriers. Otherwise I won't stop.

See not got to worry about breaking even if you think about it logically, 1 less worry, piece of very nice cake now

recession2016 · Mar 22, 2016

this is very doable with weekly options

but there has to be volatility and you can't be wrong on the direction

i saw a kid take $900 to $120k in a span of a few weeks in january/february, he was extremely lucky

https://www.reddit.com/r/wallstreetbets/comments/414blh/yofuckinglo_900_to_55k_in_12_days/

Turveyd · Mar 22, 2016

Yeah i had puts 12 years back, market major bearish turned 6k into 120k in about a week, well if i had calls it would of, major reversal wiped me over night lol

Think Im going to go have a little cry

lawrence-lugar · Mar 22, 2016

recession2016 said:
this is very doable with weekly options

but there has to be volatility and you can't be wrong on the direction

i saw a kid take $900 to $120k in a span of a few weeks in january/february, he was extremely lucky

https://www.reddit.com/r/wallstreetbets/comments/414blh/yofuckinglo_900_to_55k_in_12_days/

Do you know where's that "kid" now?
did he grow his account to an even larger amount, or did he blow up?

it's a high reward, high risk game definitely.

Cyse · Mar 23, 2016

K-Pia said:
Yeah, got to practice mindfulness =P
Cut my loss short, don't over trade .. Foster luck.

Yes you're right. That odd is actually 0 !
Since I either end broke or reach my goal.
In due time or not. That's the two conditions,
The two absorbing barriers. Otherwise I won't stop.

When do you start?

Pekelo · Mar 23, 2016

recession2016 said:
i saw a kid take $900 to $120k in a span of a few weeks in january/february, he was extremely lucky

Even your link says 55K, but that is not that important. He did 4 option trades, all in. The last one was 33K to 55K, so not each one was doubling,tripling it, but still showing the power of compounding.

Although the kid did post another trade in a different thread, when he reached 120K:

https://www.reddit.com/r/wallstreet...aved_from_netflix_by_some_miracle_up_to_122k/

UNFORTUNATELLY, looks like he got caught papertrading:

https://www.reddit.com/r/wallstreetbets/comments/41vh51/caught_red_handed/

All Option House paper accounts start with an A, just like his screen shots...

So much for the legend....

(But in case he is real, he also mentioned losing 6 figures.)

K-Pia · Mar 23, 2016

Cyse said:
When do you start?

Now that my internet is fixed,
I need to solve my platform issues.
Then wait until April to get some money.
Load my account, make everything ready,
Then I'll start. Max 11th April.

Pekelo · Mar 23, 2016

Can you start sim at least now, so we would know what was to come? And if you lose, you saved some money, a win-win....

K-Pia · Mar 23, 2016

Pekelo said:
Can you start sim at least now, so we would know what was to come? And if you lose, you saved some money, a win-win....

Aha. I've started a Sim, I linked a report in my first post. But I've got problems to solve about my platform right now. I can't really trade.