Need 900% in 3 years- what would you do?

[Esko]

I recently made $300 into $22k trading options 3,700% return in under one month. Not selling anything just telling you that it's possible, good luck

 

[algofy]

Now there's the truth.

Actually it's just babble.

 

[algofy]

I recently made $300 into $22k trading options 3,700% return in under one month. Not selling anything just telling you that it's possible, good luck

Damn, pm me man, I would love to learn more about your story if you are willing to share.

 

[Esko]

Damn, pm me man, I would love to learn more about your story if you are willing to share.

I documented it all on my private Instagram account, pm me I'll shoot you the screen name to check it out, I can't find the pm thing on the mobile site

 

[julianVGS]

Thanks Julian but looking for something that doesn't have possibility of over 100% loss of capital.

Yes, I know 900% seems impossible- but this is my reality- I have 3 years to do it, or life is over- so of course I have to try.

Amend it by buying shorter term calls that protect the short call, rolling it over near expiration. So you can buy the one year out 2675. Then in a year, you can roll that over to another long call perhaps at a lower strike, depending on where the market is. At some point, if your position is doing well, you can stop the hedge and let the position ride, all on the markets dime.

It will eat into your profits making +900% unlikely, but unless you get a hold of a cheap lottery ticket, or you have some sort of leverage and luck, there is very little chance of attaining your goals without some serious risk.

 

[just21]

Seth Golden made 2,400% in 5 years shorting UVXY after volatility spikes in the VIX. He is on twitter, youtube, blogs and the New York Times. Links on this thread. https://www.elitetrader.com/et/thre...reets-complex-fear-gauge-proliferates.312670/

 

[Xela]

Seth Golden made 2,400% in 5 years shorting UVXY after volatility spikes in the VIX. He is on twitter, youtube, blogs and the New York Times.

Sure - and that's why we've all heard of him: because he's the one in a million exception and has acquired the prominence that inevitably accompanies that. That doesn't make him a good person for the neophyte to try to imitate: if anything, it makes him the opposite.

 

[just21]

Sure - and that's why we've all heard of him: because he's the one in a million exception and has acquired the prominence that inevitably accompanies that. That doesn't make him a good person for the neophyte to try to imitate: if anything, it makes him the opposite.

The OP only wants to make 900%. If you are going down may as well go with all guns blazing!

 

[Xela]

The OP only wants to make 900%.

"Only"?

If you are going down may as well go with all guns blazing!

That's what he's been doing, I suspect, which is why he's 90% down on his account and now wants to try something different?

 

[just21]

That's what he's been doing, I suspect, which is why he's 90% down on his account and now wants to try something different?

Nobody has come up with a better strategy.