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Old 18-09-2005, 17:57   #1
TraderABC
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Someone made 2400% in under 1 day in REAL account! Is that possible?

Hi all. Someone on a REAL account ha made 2400%+ in ynder 1 day... Would be fun to disassemble the strategy... 332 dollars into 8,027 in 1 exciting day...

I hope that it is possible to disassemble the strategy...
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Old 18-09-2005, 18:00   #2
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

What kind of risk management was used? None? Accounts that rise fast, fall even faster
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Old 18-09-2005, 20:00   #3
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

Sure, you can make and loss millions in a matter of weeks. That’s the power of leverage. Unfortunately given that he made that so quickly he or she will probably losses it just as quick. Once they get a taste of easy money what's going to stop them from doing it agian,and agian, and agian untill the finaly blow out.

-Frank
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Old 18-09-2005, 21:13   #4
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

I would like to disagree with you guys. You say making millions in weeks ( and loosing them ) is easy. How many have you made ? Let me rephrase my quetstion : How many thousands you made in the last two days ? This guy made 8 , and looking at his trading statement ( if it is real of course - my only doubt ) he is not trading by tossing a coin, he has a system, and a primitive ( but still ) money menegement. So i don`t think he will losse it.

Kind regards,

Vek.
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Old 18-09-2005, 21:44   #5
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

Profits and risk are unseperably linked together. Higher profits = higher risk to achieve those profits. This cannot be changed, cheated or ignored.
One CANNOT continue with the level of risk that creates 2400% profits for very long without taking the mother of all losses.

"There are old traders, and there are bold traders. But, there are NO old bold traders". -Ed Seykota
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Old 19-09-2005, 00:05   #6
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

Everyone takes the siz of risk he can manage. Why don`t you assume that there are poeple who can manage this kind of risk ? Just becouse it sounds crazy , or becouse you ( or I ) can`t ?
I am not trying to prove , or argue, I just think that this topic is interesting, just as every one that moves the stereotypes.
And by the way , we only know the profit factor, no one said nothing about the risk he takes.
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Old 19-09-2005, 05:02   #7
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

yes true this person may lose it all or may not who knows? but very few can make sooo much money and have the discipline and emotions to keep it and keep building on it, maybe this person has the gift who knows?

going by pure statistics it shows this person will lose in the end (but i hope he succeeds). looks he's got something i dont
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Old 19-09-2005, 05:13   #8
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Re: Someone made 2400% in 2 days in REAL account! Is that possible?

Quote:
Originally Posted by TraderABC
Hi all. Someone on a REAL account ha made 2400%+ in 2 days... Would be fun to disassemble the strategy... 332 dollars into 8,027 in 2 days...

Yeap, it's possible. But as far as i know, this happens rarely
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