One trade to $1 million

[FrankSlaughtery]

GetBusyLiving - i'll be sending you a bill to replace a monitor that is ruined after red bull came out of my nose from laughter it'd be funnier if i couldn't relate from personal experience

check out this blog post about someone who did this (not this is not my blog or spam)

http://www.thecrosshairstrader.com/2010/11/dennis-gartman-on-the-art-of-trading-aapl-from-8-to-180/

 

[crash n burn]

Quote from McMathews:

If this strategy was excellent or free from some degree of error then more people will be driven towards fore trading leaving back all stuffs.......there chance that it happens 1 in 1 million .....

mathematically, the chances are 1 in 1000 approximately. if the OP has a solid edge the chances would be in the 1 in 100 range.

it is far fetch but still not even close to the 1 in 1million range, as some label it here. in other words it is doable and it has been done countless times already.

 

[Chuck Krug]

Didn't Victor Niederhoffer Pyramid a small account into 10 mio, before he got picked up by Soros?

 

[1a2b3cppp]

Quote from crash n burn:

mathematically, the chances are 1 in 1000 approximately.

1 in 1,000... with a $1,000 account to $1,000,000. So your overall expectancy is still 0 (minus commissions). lol.

 

[1a2b3cppp]

Quote from FrankSlaughtery:

GetBusyLiving - i'll be sending you a bill to replace a monitor that is ruined after red bull came out of my nose from laughter it'd be funnier if i couldn't relate from personal experience

check out this blog post about someone who did this (not this is not my blog or spam)

http://www.thecrosshairstrader.com/2010/11/dennis-gartman-on-the-art-of-trading-aapl-from-8-to-180/

That guy writes like a 7 year old. That was hard to read.

Although I will agree with this:

"...That’s what you need to do in the business of investing. That’s how we make money. By averaging up on the long side and averaging down on the sale side.”