eazy dream big
what do you take from this video ?
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make 1 million from 100 $
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eazy dream big
what do you take from this video ?
There lots of creative ways to do it, with zero dollars. But most involve fraud of some sort.
Here's the math.
You can make:
$100 * 10,000 times = $1M
$1000 * 1000 times = $1M
$10,000 * 100 times = $1M
$100,000 * 10 times = $1M
$1M * 1 times = $1M
It's about scale and frequency. The frequency can be daily, hourly, or per transactions.
If you make $100 per round turn and you make 10 RTs a day then it will take you 1000 days to hit it. At 250 trading days per year that's 4 years.
If you make $100 per RT and you make 100 RTs a day then it will take you 100 days.
That's increasing frequency. You can also increase scale and frequency. So instead of $100 per RT you make $200. Then just work through the same math.
So forth.
Just illustrating the math. NOT saying it's easy to do.
You can make:
$100 * 10,000 times = $1M
$1000 * 1000 times = $1M
$10,000 * 100 times = $1M
$100,000 * 10 times = $1M
$1M * 1 times = $1M
It's about scale and frequency. The frequency can be daily, hourly, or per transactions.
If you make $100 per round turn and you make 10 RTs a day then it will take you 1000 days to hit it. At 250 trading days per year that's 4 years.
If you make $100 per RT and you make 100 RTs a day then it will take you 100 days.
That's increasing frequency. You can also increase scale and frequency. So instead of $100 per RT you make $200. Then just work through the same math.
So forth.
Just illustrating the math. NOT saying it's easy to do.
Useless to explain on ET. Most people here have no clue about the power of the combination: leverage, frequency and compounding.
But they should be used in the correct way.
Not telling that I believe you can make 1 million from $100 in one day.
If you have an edge that allows you to consistently make a $100 a day then it's just a matter of scaling it up and you'll hit that $1M mark sooner. I'm NOT saying it's easy. The hardest part is to have a consistent edge in the first place. Once you really sure of your edge and just apply it consistently with good risk management then it's just a matter of time.
If you have an edge that allows you to consistently make a $100 a day then it's just a matter of scaling it up and you'll hit that $1M mark sooner. I'm NOT saying it's easy. The hardest part is to have a consistent edge in the first place. Once you really sure of your edge and just apply it consistently with good risk management then it's just a matter of time.
I agree. But if you post this usually you get the remark that you should be the richest person on earth.
haha. People forget there's "capacity" issue for each type of strategy. No strategy is infinitely scalable! Daytrading strategies are definitely capacity constrained...
That's why big fund managers have to trade longer time frame in order to swing billions. Then their annual returns go down to 10%. The best fund managers track record is 30% annually.
Us poor daytraders don't have that kind of capital to deploy. We swing smaller capital..
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