Percentage % of Get-Rich-Quick members on ET?

What is the percentage of get rich quick members on Elite Trader?

  • 0-10%

  • 11-20%

  • 21-30%

  • 31-40%

  • 41-50%

  • 51-60%

  • 61-70%

  • 71-80%

  • 81-90%

  • 91-100%

Results are only viewable after voting.
Nobert said:
The plan is made for 60 - 70 years ahead.
All i want is just 30% per anum.
But, if one has $10 000 and manages to keep the return of 30% per anum, that will turn into...
$946,312,684,517.29
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Planning 70 years ahead for a 30% per annum compounded return is a getting rich quick scheme in my book, so congrats if you succeed! 70 years... Really?!? Glad I don't have to look that far in the future. 5 to 10 years is all I care.
 
VicBee said:
30% per annum compounded return is a getting rich quick scheme in my book
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smallfil said:
Got into CSCO late after I had already made my $25,000 from EMLX and TLGD. Started off as an investor losing a lot of monies before switching to being a trader. Still, I had a lot of things I did know then, like risk management and position sizing. Using stop losses and managing your trades efficiently. All of it important. Even if you are an investor, you still need to manage your investments and protect your capital at all times.
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%%
Strange but true;
many tech stocks went bankrupt in 2000. But QQQ/XLK went on to new highs after 80% drawdowns/+.Not a prediction/not bank insured...…………………………………………………………...
 
murray t turtle said:
%%
Fake News/lotto winners;fake ads. Thanks for your comment; I don't even invest my time in fake news much; a fake ad may be ok every now + then/LOL...…………………………………………………………………………………………………...
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It is not fake sir, I watched a PBS program on the same scheme some time back. Apparently the MA, etc. lottery systems had a flaw that allowed positive expectancy under certain conditions. Those guys found it and exploited to make millions. They finally plugged that hole in later years.
 
VicBee said:
I am new her and I am surprised by how negative and bitter many of the older timers are towards the new people. It's with great pains, long research, terrible stressed induced medical bills that one makes money trading, don't you know? How dare you think you can make money without paying your dues... :rolleyes:

The questionnaire doesn't make sense to me. Who doesn't want to get rich quick here, even if most won't? :( would anyone seriously say they want to get rich slowly?
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This place is littered with fools, dreamers and the carcasses of losers. Pay them no mind...just do the work.
 
ironchef said:
It is not fake sir, I watched a PBS program on the same scheme some time back. Apparently the MA, etc. lottery systems had a flaw that allowed positive expectancy under certain conditions. Those guys found it and exploited to make millions. They finally plugged that hole in later years.
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Yeah, even before he finally got "busted" he had won so often that people were hounding him. Here is an "Inside Edition" story from 2011, where he was questioned and didn't tell the whole truth, just that he bought a lot of tickets so had to win something..
 
ironchef said:
Maybe it was "Inside Edition" that I watched. Getting old, memory is the second thing that goes. :)
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Had read somewhere that drug dealers offered double the winnings of any lotto tickets that was traded to them instead of going to the lottery people. Not sure if this is true or folklore...
 
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