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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (41985)12/8/2000 2:07:56 PM
From: OX  Read Replies (3) | Respond to of 44573
 
how is it possible to take $50K and turn it into $1.5M in less than one day.

this persons has to be actively play trading and getting all the right swings, and 'layering' more contracts in as their positions increase.

what I might have done was to buy 110 call options on SPZ 1400. would only grow the acct to perhaps $220K.
(and that's being generous w/ the prices)
even if really active, perhaps double that to $440K, but $1.5M?!? wow!