I'm a trader and I'm starting a challenge to turn $5,000 into a million bucks in 12 trades. Only trades that meet my criteria count.
First one is for $500, the rest will be margin trades at 10x.
Can You Make a Million with 12 Trades?
20 replies 459 views
Keep us updated on each trade's PnL daily so it feels legit.
Even if you manage to profit, remember most traders lose money in the long run. Just saying... Be cautious, we don’t know if you can be trusted yet.
If there's enough interest, I'll share the start date and show proof of my $5,000 in a screenshot. I'll back every trade with pics too.
AtomicSageNewbie
Posts: 49 · Reputation: 20
#4Jul 31, 2023, 10:05 AM
Kudos to your ambition! Earning a million from $5,000 isn't impossible but it's definitely gonna be tough. Like @Charles-Tim said, results matter. If you deliver, I might join in.
Honestly, I doubt it’s possible to make 100% in day trading. I’m more about mid-term trades following the trend. No need for daily updates here for me.
I got your back, but let’s be clear: it looks more like gambling than trading. Not saying it's right or wrong, just how it seems. If I'm off, show us your analysis or take it to the gambling section.
Feels a bit sketchy... Why do you need to create a seed phrase and send it? Just ask for the person's address, send the funds, and post the transaction ID. Transparency is key!
Not gambling! Here’s my brief strategy:
1. I trade futures on DEXs, especially Hyperliquid (no ad).
2. Only one trade open at a time. I can share my entry, stop-loss, and take profit details too.
3. I limit drawdown to 10% daily on the margin.
AtomicRavenNewbie
Posts: 128 · Reputation: 29
#9Aug 3, 2023, 06:56 PM
So you’re planning to double every trade? Even top traders don’t pull that off all the time. Kind of skeptical here.
Lol, if you can make a million, just do it! Why waste time proving anything to us? This would’ve made way more sense on April 1st, by the way.
Wait what? Is this 12 hours, days, months? Need some clarity on the timeline, that matters a ton.
Alright, let's set the deadline for December 31, 2026. If I hit the million before that, I'll give 24k to a supporter. If not, then 2.4% of my profits go as a prize. Deal?
darksatoshiHero Member
Posts: 4 · Reputation: 2449
#13Aug 4, 2023, 05:23 AM
Your idea isn't original, lots have tried and failed. You should get an escrow involved for credibility.
I’ll consider escrow after scoring 5 or 6 winning trades. Only one prize winner, chosen from supportive comments. Strict risk management is in place. Only four trades a week for me.
Nothing to lose, count me in as a moral supporter. But this timeline might not be the best. Opportunities don’t stick to our schedules.
I’m kickstarting the challenge today. No time to waste.
I’ll show proof I can cover margin, some funds in BTC but will swap for USDC if needed, and I’ll post results of my qualified trades.
10x use seems super risky. Seen too many lose it all like that. Why not lower it? Maybe stretch out the challenge to 2-3 years instead of Dec 2026?
12 trades with compounding? Only if you can pull off 12 wins in a row. One loss and it can all go down. The psychology is a tough factor too.
I trust my indicator for this risk. Not saying what it is, but it’s worked well in the past. I want to succeed, but the deadline might affect results.
So your whole plan depends on that indicator? Isn’t that risky? Indicators don’t guarantee profits, especially in crypto. Good luck but it’s not easy.
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