How do I turn a $1000 trade to $100,000 within a year instead of 10 years?

QUISP from ClearStation did this well under a year, day trading stocks nearly 20 years ago, so it can be done.

You've just got to get very very good at day trading and likely trade 10hours per day, 5 days per week.

DO IT!! then come back and go Ha Ha to all the NO's !!
 
volpri said:
If you start with 1000 and net 30% per trading month after losses and comm. in 18 months you will have close to $90,000.00 and in 19 months you will have about $116,000.00. That is, at the end of each month whatever your account balance is you need to make 30% on that new balance the succeeding month...etc

First month you gotta net $300.00 ($15.00 day net for 20.00 days)

Second month net $390.00 (roughly 19.50 per day)

Third month net $507.00 (25.35 day)

Fourth month net $659.9 (32.96 day)

Fifth month net $856.80 (42.84 day)

.......and so on each month. Making 30% in you account each month.

If you start with $1000.00 and net 20% per month on your account balance on the 25 month you would have 95,396.01.

Now if you start with an account bal of 2000 and make net after losses and commissions 10% per month on the account balance at the end of three years you will have 56,206. At the end of 3 years and six months $99,572. At the end of 4 years $176,398.00
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but he wants it in a year, 12 months not 19 months :)
 
You can get tremendous leverage with options:

If in early August 2016 you purchased a 30 day to expiry DOTM put on BMY strike @ ~$70 when stock was @ ~$75.xx for a cost of ~$0.3x100=$33 per contract, $1000 would buy you ~30 contracts. BMY dropped to ~$60 a share by August 8, so the put would be worth ~$10 at expiration for a total profit of ~$300,000. All within a month. This is not an isolated event for biotech/drug companies. Other examples like BIIB, JUNO... went through the same gyrations.

If you have the insights and understand the biotech space, it is not gambling but if you don't you are gambling.
 
ironchef said:
You can get tremendous leverage with options:

If in early August 2016 you purchased a 30 day to expiry DOTM put on BMY strike @ ~$70 when stock was @ ~$75.xx for a cost of ~$0.3x100=$33 per contract, $1000 would buy you ~30 contracts. BMY dropped to ~$60 a share by August 8, so the put would be worth ~$10 at expiration for a total profit of ~$300,000. All within a month. This is not an isolated event for biotech/drug companies. Other examples like BIIB, JUNO... went through the same gyrations.

If you have the insights and understand the biotech space, it is not gambling but if you don't you are gambling.
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$30,000.... not $300,000... slight difference. ;)
 
Just for fun I tried to find a single trade to do this with... in any given month you can buy $VIX calls about 30 days out 8 or 9 points higher than the current VIX for about $0.20... IE the May 20's are $0.20
Thats 50 contracts.
Impeachment or a bombing of Seoul by N. Korea would send the VIX to 40... disregarding circuit breakers I guess... but there's your 100K. That's the only possibility I could find with a single trade.
 
vanzandt said:
$30,000.... not $300,000... slight difference. ;)
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Sorry. My mistake. Thanks for checking.

If you instead bought Deep deep OTM puts, like $65 strike instead of $70, you could get your $100K easy.:D

Best regards,
 
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