It would be peak TTH if his bank seizes all the funds.
It would be peak TTH if his bank seizes all the funds.
I put millionaires club.
Payment and PM sent Mells. Have you thought about live streaming you doing your magic?
Payment and PM also sent.
A live stream would be pretty interesting to watch and help me understand exactly how this all works.... :-D
Not once, it was about 3 weeks ago. I have it in my locker to x10 an account. Do that 4 times and we have 2 mil, usual caveats of obviously no guarantees and the likelihood of this applied. Won't be as quick either, as I'm not going to be THAT aggressive. Unless people want me to be. I pick the trades, but you all can agree on the level of risk.
£2,095
Low risk, high reward please. Thanks.
I don't know about a live stream. Maybe one night when the missus isn't in and wondering what the fuck I'm doing. I'll definitely make it as interactive as possible and post as many updates as is feasible to keep the interest going. THE GROUP know I love a video on strategy too, so I'll do some of those.
A webinar series.
So the shift from Binance to IG is now justified, as that capital means we can buy/sell 3 lots on, for example, the NASDAQ. This means we can effectively scale in and out of trades (1 lot at a time, so 3 entries as it climbs). A 100 pip move on the NASDAQ would now equal £300, so 14% increase. 48 of those moves would equal £1,126,069.
Just so everyone understands how far away we are and what it takes to get to the big numbers. Or we go mega on the 70%ers and it takes 12/13 trades.
Fuck up poindexter and multiply my money.
I imagine we'd all take the higher chance of success over a quicker payout. We're talking about a relatively short period of time either way.
If we get to £1.1m, how much would someone who put in £100 get back? If it's too much hassle to calculate as the purse is still moving I can wait.
EDIT: Yev, £34k I think.
Money well spent.
Do you actually think hitting a milli is possible, Mellin?
I'm a twit
If this comes off we are 100% all meeting up...on a yacht.
And we'll pay Taz to dance for us.
Yev, I'll calculate that when the purse has stopped moving like you say. Sure everyone is keen to know, so will do so Thursday morning.
Baz, a mil is definitely possible. Just look at the numbers. It's mainly being accurate (obvs) and maintaining discipline. Any slips can be devastating to an account, so have to not expose yourself to that whilst managing a profit.
so dont wank off in public and you'll be a millionaire got you
You know what "high risk" means, right?
How do I explain this to the wife when I stroll in the house carrying 50 big ones?
"I gave some guy on the internet a hundred quid."
"You what?"
"No, it's okay, we've both been posting about football manager for about twenty years now."
Think we're on the CL/PL double for 22/1. But if you want discpline, SVN can also start up his system betting. Or just 1,000 euromillions tickets
Taz already seething at missing out on his money.
Payment and PM sent, Mellin.
As one of the people completely in the dark about this stuff, what kind of return are we looking at here? Assuming everything goes to plan?
If everything goes to plan, we'll all be billionaires and we can buy out Jeff Bezos and snort coke off the mangled remains of his spaceship. The USA will be renamed 'Mellin'.
If it doesn't go to plan, we'll each lose £100.
Also possible: everything in between.
Shit or bust. Thousands each, or nadda.
I have my own account which requires less maintenance, so this one is for more aggressive trading and will occupy most my time. I won't be stopping lads, so provided we don't blow the account you can hold for as long as you like. I have no idea where it goes, but anything is possible.
We probably need to decide up front what the rules are for cashing out. Do we go for a majority vote?
Wasn't it in Mellin's opening post. Anyone can cash out when they want.
I don't think we should be forcing anyone to stay in. I can't see what we'd gain by doing so, either.
Yeah take your stake whenever you want
Yeah, because it’s a percentage of the account it won’t really effect much. It will reduce the capital available, but so long as it’s only one or two at a time we should absorb it pretty well.
What's the scope for automating something like this, @Mellberg?
Can I cash out now?