'There's plenty more where that came from, sweetheart.'Originally Posted by Sir Andy Mahowry
'There's plenty more where that came from, sweetheart.'
Should probably get her working on the ground for MellCorp. We could come out of this owning half of 'Keev'.
With his riches, Mahow can afford a mansion of camwhores
I'm excited for this to be the next Bitcoin that I miss out on.
I'd obviously turn it into a studio too so I'm making even more money.
'Look at me: I'm the pimp now'
Filmmaker. At least that's what his suspiciously edited imdb page will say.
Started pretty well. Scaling Nasdaq whilst sat in the office at work:
There’s some more green from earlier on too.
Then got home and had the chance to pay serious attention to it and build into a position. Naturally, I completely fucked this and handed some back:
Trying to make the same moves when the markets behaviour had changed. Still up 10% though
Can’t be bothered to screenshot it but 4331 was the next target. Just took the hit on those last 2 red for 4332 end of day.
Top work Mel, what's the next target?
Two mil!
Does the difficulty scale as the exposure increases?
Like, you’re chipping away <£75 chunks, but if you get to the stage when you’re targeting thousands does it become larger chunks, or just more of them?
Rookie question but is it a bit like a hedge fund who’s able to move large sums so relatively minor movements are good enough for profit. Ie does it become harder or easier to profit with a larger stake?
It’s the same size/same number of moves, but just with more capital. In theory it’s exactly the same. I know that isn’t the case though. Everyone has a threshold and once you start trading a certain size it becomes uncomfortable and harder to stick to the PROCESS.
We’re a long way from that stage yet anyway. I think/hope at worst we’ll plateau for a bit whilst I acclimatise.
Next target is 4764. Probably be busy at work tomorrow, so will pick up in the evening hopefully. Might not get 10% in such a short timeframe though, so prior warning.
As someone who doesn’t understand math. What does 100 quid make?
Depends on the price of what you’re trading, leverage etc. But without leverage if the price rises 100%, your stake rises 100%.
The short and honest answer is in isolation, fuck all.
Busy week at work. Usually I just sit on my arse and wait for an escalation, but this week I've had to actually do a bit, so with that in mind not traded so far today or at all yesterday.
Having said that, we're £250 up on a short from 11064 average on crude. One to watch for you all. Stop loss at entry, so if it carries on ripping we're protected and out for £0. But spotted a little wobble and it's so obscenely overbought this week, a return to 10000 is possible by close on Friday, which would equal £3k profitz. Gonna hold and see how generous she's feeling.
£350. 10% en route. Do we take it or HOOOOLD.
Hodl
Ultimately your call big man. But I'd be tempted to go with Lofty.
Yev dishing out ‘big man’ like he’s a foreman sighing over a wobbly joist.
I'm a twit
Or a Scotsman.
Or a Northern Irishman.
I didn't realise English people said "big man".
Is it not more “big lawd” there?
Secure the bag and scraper.
People say both.
I'd move the SL to 5% profitzzz and let 'er ride.
Aka the Rob Green.
Good job we did the Rob Green really
Where are we at progress wise @Mellberg?
Is the £100 to £1000 in four days target you mentioned at the start not achievable now?
We bottled it and chose to go with the less risky option, with the goal of 10% per day. So £100 to £1000 is more like three weeks now, but much better chances of it actually happening rather than losing it.
Here's the post.
Good job we did the Rob Green really
Make a profit when you’re wrong and you know you’re on form.
£4,850 at the min, lads. Starting to gather pace. Playing 4x positions £1.30 a pip moves now on mainly the Dax and the Daq. Crude and FTSE every now and again at different rates. But basically a 100 pip move is worth £520, where as at the start it was worth somewhere around £280/£300. Gathering pace slowly. Hopefully start rocketing soon. When we break 10k I’m going to be coming in here some days saying we made a grand. Could gain momentum really quickly. Just let me trudge the shit bit out first, as making £400 in a day when you own 1.6% or whatever is probably of little interest.
Just let me know when my £100 has become £200 please and I shall be withdrawing.Thanks.
Anyone who requests a cash out below £2k should have their stake confiscated.
Also when we hit a certain number (I think that’s probably 50k) I’m gonna offer to quit my job and take 2.6k a month out, so I can really put my foot down. Will put that up to a vote at the time. No one’s percentage would be effected (including mine), but could start hitting higher daily percentages with more time. I’m hoping 2.6k will be a drop in the ocean by then.
No problem.Just let me know when my £100 has become £200 please and I shall be withdrawing.
That is commitment I can get behind. Want another £100?
It's a tontine now you slags, last man standing takes it.
I only just realised that making 10% a day for 10 days isn’t an 100% increase so I’m ready to get ripped off.
200k that is
We'll all be retired by Christmas.
Hang on. What happens after May 17th, then? I assumed this was a smash and grab to get out before that deadline?
Read the thread ffs.
You mentioning Christmas threw me through a loop.
May 17th is when Binance stop allowing High Leverage trading for all but "high net worth" individuals. So the initial plan was to take a big punt, likely lose everything but potentially win big.
But the pot of money is sufficient to allow for a more measured approach, so he's doing so. 10% a day is still a mental level of profit and it's achievable at a lower level of risk. As the amount grows it will snowball / hockey stick.
Scores on the doors? @Mellberg
Broke 5k overnight
Progress is solid rather than outstanding at the min, but this is due to:
- We’re not taking any substantial risk and just building the account
- Lack of screen time due to starting new job last week
Progress is good and we’ve made more in a month than most big investment firms do in a year (% of capital obvs), but I’m still feeling this urge to really put the foot down. The naggging feeling is I’ve ended up trading the same way I do with my own account, but this account is smaller and I’m actually making less than I was last month and this way it’ll take years rather than months. The whole point was to share the risk and really go for it, so that is what we will be doing.
I’m going to be selective with my trades, but we’re moving into options when I get some screen time. I will continue to manage risk and use exactly the same strategy, but we’re going big. 10% of account per trade risk, but we can double it on 200 pip DAX moves.
Mellin
Why haven't you quit your job yet?
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