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

cr8or said:
Ok, got your point. I'll never mention the millions anymore, like you said, it ain't fun. I promissed to reveal my strategy and intend to keep that promiss. I am a man of word. I got suggestions to open a separate thread and I'll do it.
I believe in sharing. So, when someone makes it big, he/she should share the knowledge or whatever it is so others can follow and maybe improve it even more. That's called progress. No matter how much effort you put into keeping success as a secret it eventualy gets out one way or the other. Hell, I wouldn't make it big if there were not people willing to explain or pointing out my mistakes and I made a hell of a lot mistakes during this development.
Yes you're absolutely right about my people having this energy and willpower to succeed, well the majority, not all.
I believe the main reason is the hard times we lived in the not so far past. We had to work as twice as hard as anybody in Western Europe. I remeber working two jobs at the same time to make enough for a living. I was at work when my 2nd son was born at 5 AM. That's not the way to live a life. I also remember spending with my kids just an hour a day when I get back from work just to tuck them in. Very often I couldn't make it. I have been already at work when they woke up and they were asleep when I made it home.
After some time, that was the turning point for me to seek option for a "better life" - work less, earn more, so I discovered trading.

Now, back to the point, you'll be surprised how simple, not easy, it is to make big profits with a correct mind setup.

Cheers - Živeli
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I believe you, and I will study your strategy and try it.
Thanks a lot for sharing!
 
JackRab said:
@Stymie, I just re-read your post in the other thread regarding AXON. That worked out very well...

You we're short the Sept 25 straddle right? That vol came down nicely... Will you trade out of this one and re-enter the maybe Oct?
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I have unwound the whole trade for a nice profit and waiting for the next opportunity. The risk to the downside is too high for the premium left in it. Always take big winners!
 
Why stop at one year? Keep making 10,000% per year!
Year 1: $1000 into $100,000
Year 2: $100,000 into $10,000,000
Year 3: $10,000,000 into $1,000,000,000
Year 4: $1,000,000,000 into $100,000,000,000
Year 5: $100,000,000,000 into $10,000,000,000,000
Year 6: $10,000,000,000,000 into $1,000,000,000,000,000
(It is safe to say you are the richest man in the world, even the
Rothschilds are poor in comparison! But don't stop now, keep going!)
Year 7: into $100,000,000,000,000,000
Year 10: into $100,000,000,000,000,000,000,000
(You are now more wealthy than the richest alien in the galaxy! Don't
stop now!!!)
Year 20: into $10,000,000,000,000,000,000,000,000,000,000,000,000,000,000
(You are now officially richer than God! Don't stop! Keep going!!!)
 
Bry said:
Why stop at one year? Keep making 10,000% per year!
Year 1: $1000 into $100,000
Year 2: $100,000 into $10,000,000
Year 3: $10,000,000 into $1,000,000,000
Year 4: $1,000,000,000 into $100,000,000,000
Year 5: $100,000,000,000 into $10,000,000,000,000
Year 6: $10,000,000,000,000 into $1,000,000,000,000,000
(It is safe to say you are the richest man in the world, even the
Rothschilds are poor in comparison! But don't stop now, keep going!)
Year 7: into $100,000,000,000,000,000
Year 10: into $100,000,000,000,000,000,000,000
(You are now more wealthy than the richest alien in the galaxy! Don't
stop now!!!)
Year 20: into $10,000,000,000,000,000,000,000,000,000,000,000,000,000,000
(You are now officially richer than God! Don't stop! Keep going!!!)
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Haha, funny. I was able to follow it up to year ten, which is 1 sextillion ( I think).

Year 20? Dunno' how to pronounce that.
 
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nxt7 said:
For the past couple of months I've backtested numerous strategies on indices and stocks (moving averages, macds, stochastics, RSI, momentum, chart patterns, options etc.) but they all seem to break down in short time frames like days or months. For longer time frames (>10 years) they seem to show some improvement in the sharpe ratios, CAGRs and max drawdowns with respect to simple buy and hold, but I'm not really interested in that at the moment. I'm mainly interested in trading in short time frames like days or months.

So just how do successful day traders even do it? Obviously conventional strategies are not going to work based on my backtesting research. Or I hate to say, is it just dumb luck to strike gold in the short term?
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The people who end up doing something like this are maybe 1 in a million traders, but by the sounds of it most of the guys who have done it were young had no bills, and traded penny stocks going all in and rolling it over and over and catching alot of massive moves.
 
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