This Trader made 1 million Dollars on a single day (Pic Includded)

Quote from SWINGTRADER77:

1 million profit on a 24 million account, is the norm I would guess.Around 4% of the total value of the account.Nothing to spectacular.

Same as making $100 on a $2400 account.
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Apples and oranges. Moving $24 million dollars into equities is a bit more difficult than moving $2400 into equities.
 
Quote from Red_Ink_inc:

Apples and oranges. Moving $24 million dollars into equities is a bit more difficult than moving $2400 into equities.
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i hear this so much that trading this amount is not the same as trading this amount, if it is a very liquid stock i'd like that hypothesis proven wrong as i think it is bullshit. In liquid equities and if the $2400 means as much to one person as 24million does, i think it is just as hard to make $100 on $2400 as 1mill on 24mill.

ye and notice how on his p/l all he has is xlf and skf both of which trade way over 20-30 million skf is 40 million friday volume while xlf is 400mill
 
Quote from chewbacca:

an override is a commission on top of a commision and should be made illegal by the SEC

for example lets say your broker is dimension......and they charge you .001/share as a commission..........you then create a "prop" firm and offer unsuspecting kids "jobs" as traders.........you ask for a "deposit" which is then their risk capital and if they lose more than their deposit then they lose their "job"...........you charge this trader .004/share and so your overide is .003/share........u then "train" this trader to churn out 1,000,000 shares a day so that you can make 3000 in overides per day or 600,000 a year.......all you need is 10 dumb guys doing this and your pulling in 6 million a year.........that's how a pro override monkey works

you can then take it a step further and give the trader an override of .001/share if he brings in another trader who you can offer an override if he brings in another trader.........and it all becomes one huge multi level marketing ponzi scheme.
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This is brilliant. I should go do this. Though, I'll find 0.001 per share, and charge 0.01. That'd be good.
 
Quote from Wanna_Betrader:

a trader in our team made 1 million dollars , on Oct 10 2008

He is a genius. 1 Million dollar with No overnight and he only day trade
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Oh Yeah? Check out my profits for one day on Oct 10 2008 :eek:
 

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Quote from Wanna_Betrader:

No One asked you to belive this.

It is up to you, and please do not email me regarding who was the trader or where is he trading and other stuff , i wont answer.

I have a LIVE video of his trades that i will post in next couple of days you can match that with LIVE time and sale .

And as i said before no one asking you to belive this and NO THIS IS NOT FOR MARKETING purpose.
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I'm Waaaaaaaaaiting .......
 
Quote from staffpro:

i hear this so much that trading this amount is not the same as trading this amount, if it is a very liquid stock i'd like that hypothesis proven wrong as i think it is bullshit. In liquid equities and if the $2400 means as much to one person as 24million does, i think it is just as hard to make $100 on $2400 as 1mill on 24mill.

ye and notice how on his p/l all he has is xlf and skf both of which trade way over 20-30 million skf is 40 million friday volume while xlf is 400mill
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This is 1 of the dumbest statements I've ever heard on ET. Clearly you've never traded before....
 
Quote from Compulsive:

So I see you got the job...nice :cool:
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W:eek: W 399 times your bp in 1 day. That's some darn nice trading. lol

Funniest shit ever !!!!!!!!!!

Oh yeah, congrats on the job. LMAO
 
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