Who can lose $1,000,000 in 3 months?

[granville]

This has to be just as hard as making it right?

Let's say you start with $1M and work your way down with as few equity highs as possible - a nice smooth decline in equity.

 

[Nattdog]

the steady decline in equity over months of trading is typically do to transaction costs.

in conclusion: it is much easier to lose 1million than to make it.

 

[Ripley]

Quote from Nattdog:


in conclusion: it is much easier to lose 1million than to make it.

It isn't easier. IT IS EASY AS HELL. Any monkey can lose money. Making and losing money isn't a black & white issue as most people like to believe. There are a trillion ways to lose money, while any fundamentally solid money making method can essentially be broken down to just 1 simple method.

 

[eusdaiki]

Quote from Ripley:

It isn't easier. IT IS EASY AS HELL. Any monkey can lose money. Making and losing money isn't a black & white issue as most people like to believe. There are a trillion ways to lose money, while any fundamentally solid money making method can essentially be broken down to just 1 simple method.

I bet you $100, that if you give me a million bucks I can lose it in 24 hours...how´s that for a bet?

 

[Longhorns]

Quote from granville:

This has to be just as hard as making it right?

You can lose a ton of money really easy, just "provide liquidity" on the wrong side of a major news announcement.

 

[Ripley]

Quote from eusdaiki:

I bet you $100, that if you give me a million bucks I can lose it in 24 hours...how´s that for a bet?

How about you give me $10, and I'll give you a reading comprehension book? How is that for a deal?

 

[Ripley]

This is POSSIBLE...

 

[eusdaiki]

Quote from Ripley:

How about you give me $10, and I'll give you a reading comprehension book? How is that for a deal?

what kind of book, Dr Seuss?

 

[edgetrading]

Quote from granville:

This has to be just as hard as making it right?

Let's say you start with $1M and work your way down with as few equity highs as possible - a nice smooth decline in equity.

Just hit the bid and offer a few times on any market.

 

[eusdaiki]

Quote from edgetrading:

Just hit the bid and offer a few times on any market.

yeah, you could piss off 1MM bucks in one hour... now there´s a challenge...

Now if you say pissing off a million bucks without generating an uptick nor a downtick, using only limit orders and adding liuquidity to the markets, then that´s a different story, is probably going to take you a lot longer to get it done.