I'm going to be a multi - millionaire or die in futures

[manarak]

Whereustay

This is better than the TV soaps! Up millions - down millions - all within 24 hours! See post #80. If this is reality & not hypotheticals, I admire your tenacity. Keep @ it, brother.

I brought in a fair amount of $$$ a couple of years ago - close to USD400k @ a little more than 28:1. The USD rose to nearly 33:1. Now it is on the slide again - 32.65. Holding on to USD would have meant a difference of B1.95m (ouch)!

even more interesting would be the ups and downs expressed in Vietnamese Dong, e.g.

i was down 6,731,934,000 but i could have closed the trade being up 673,194,614

So you're long on the Dong then? lol

men of my age group wish they were

of all age groups, really

[Naam]

younger age groups do not encounter the shrivel factor which occurs after age 60

[SheungWan]

Today at 10:24 Mar 13 selling at .9002 Total paper loss today of 1.1 million baht So the point is I could have closed yesterday for a 1.2 million gain. That is how I used to do it….small gains. Then I missed the big slide from .93 to .895 because I was always in and out.

Yes, at one point last night I was down 5 million. I have been down 10 million before but recovered in another week.

My point is that I can live my life now with 6% return, enjoy my time here and be comfortable. Or I can lay it all down and see what happens. At 42 years old and solid work experience to fall back on, I prefer to risk it. I can accept a rise of 2 - 3 cents and sleep well at night.

The CAD dollar popped yesterday because US factory production dropped and $CDN resource prices increased. That's no different than employment numbers, rates, etc.

I believe (along with many experts) that the $CDN will be dropping this year. If the bias switches or numbers pick up, then I would reverse my short.

I would rather have 1 chance at making it big than living a normal life day to day.

And if you did 'make it'...what would you do...buy one of those status symbol cars and look like a plonker with a status symbol car....make new friends who only like you for your money...seems the upside versus merely comfortably is of limited value apart from for extremely vacuous personalities.

Ever-so detailed advice from one who hasn't presumably.

Edited February 4, 2014 by SheungWan

[Tmymaimee]

So I'm contemplating placing a buy (short) at .8981 to walk away with 1 million baht and sell short at .9040 as this damn pattern is up and down more times than a Soi 6 mattress. This is exactly the reason why I lost big time 3 weeks ago but I never learn…

I sold out and watched the dollar drop 3 cents with nothing in the game. Originally I was going in for the long haul but these big .0050 swings could make me 3 million baht per day. Placing a buy at .9082 Mar 13 contract. It hit 3 times in 24 hours then every time blew up to .9040 so now I'm just pissed….

[wordchild]

If you play roulette in a casino you can double your money, more or less, every few minutes, (as long as you guess red or black correctly)

[SheungWan]

If you play roulette in a casino you can double your money, more or less, every few minutes, (as long as you guess red or black correctly)

You forget the 0 and 00 commission.

[falang07]

Forex with such ridiculous leverages is nothing else but a casino, you can win or lose everything anytime.

[paddyjenkins]

Today at 10:24 Mar 13 selling at .9002 Total paper loss today of 1.1 million baht So the point is I could have closed yesterday for a 1.2 million gain. That is how I used to do it….small gains. Then I missed the big slide from .93 to .895 because I was always in and out.

Yes, at one point last night I was down 5 million. I have been down 10 million before but recovered in another week.

My point is that I can live my life now with 6% return, enjoy my time here and be comfortable. Or I can lay it all down and see what happens. At 42 years old and solid work experience to fall back on, I prefer to risk it. I can accept a rise of 2 - 3 cents and sleep well at night.

The CAD dollar popped yesterday because US factory production dropped and $CDN resource prices increased. That's no different than employment numbers, rates, etc.

I believe (along with many experts) that the $CDN will be dropping this year. If the bias switches or numbers pick up, then I would reverse my short.

I would rather have 1 chance at making it big than living a normal life day to day.

And if you did 'make it'...what would you do...buy one of those status symbol cars and look like a plonker with a status symbol car....make new friends who only like you for your money...seems the upside versus merely comfortably is of limited value apart from for extremely vacuous personalities.

Ever-so detailed advice from one who hasn't presumably.

Ive done very well little man. If i want a mercedes or two i can buy them in spare cash, plus a few condos. My advice is from the perspective of knowing.

[Naam]

Today at 10:24 Mar 13 selling at .9002 Total paper loss today of 1.1 million baht So the point is I could have closed yesterday for a 1.2 million gain. That is how I used to do it….small gains. Then I missed the big slide from .93 to .895 because I was always in and out.

Yes, at one point last night I was down 5 million. I have been down 10 million before but recovered in another week.

My point is that I can live my life now with 6% return, enjoy my time here and be comfortable. Or I can lay it all down and see what happens. At 42 years old and solid work experience to fall back on, I prefer to risk it. I can accept a rise of 2 - 3 cents and sleep well at night.

The CAD dollar popped yesterday because US factory production dropped and $CDN resource prices increased. That's no different than employment numbers, rates, etc.

I believe (along with many experts) that the $CDN will be dropping this year. If the bias switches or numbers pick up, then I would reverse my short.

I would rather have 1 chance at making it big than living a normal life day to day.

And if you did 'make it'...what would you do...buy one of those status symbol cars and look like a plonker with a status symbol car....make new friends who only like you for your money...seems the upside versus merely comfortably is of limited value apart from for extremely vacuous personalities.

Ever-so detailed advice from one who hasn't presumably.

Ive done very well little man. If i want a mercedes or two i can buy them in spare cash, plus a few condos. My advice is from the perspective of knowing.

[edwinchester]

younger age groups do not encounter the shrivel factor which occurs after age 60

Do you not know of any stimulous package that would result in firming of the Dong or are you wary of any rise being just short term?

[paddyjenkins]

younger age groups do not encounter the shrivel factor which occurs after age 60

Do you not know of any stimulous package that would result in firming of the Dong or are you wary of any rise being just short term?

Yes, the Bank of Vietnam is well known for practising early withdrawal of liquidity with the result that the Dong remains firm, atleast for as long as needed

[Naam]

younger age groups do not encounter the shrivel factor which occurs after age 60

Do you not know of any stimulous package that would result in firming of the Dong or are you wary of any rise being just short term?

i am well aware of the various available packages and i consider them the most important inventions besides the wheel and prik nam pla

[Tmymaimee]

Covered my short at .8983 because I couldn't sleep at night. Net gain in 4 days = 630,000 baht. Biggest paper loss was showing 5 million. Anyways, for now I'm going to relax and party in Pattaya tomorrow night. Easy money if you get it right.

[JesseFrank]

Covered my short at .8983 because I couldn't sleep at night. Net gain in 4 days = 630,000 baht. Biggest paper loss was showing 5 million. Anyways, for now I'm going to relax and party in Pattaya tomorrow night. Easy money if you get it right.

Good idea, take a trip to Pattaya to spend your well earned money.

FYI , I noticed that the bridge at the exit of the highway on Sukhumvit and the one over road #36 have occupants already, but maybe you can make new friends.

[cnx37]

It seems that this topic is finally going into a "slow death" mode. The winners are grinners & gloating, partying etc. The losers are very quiet! It has had enormous interest - 100+ replies within 1 week!

Once, I was a "goer" - a "high achiever" - now NO! Is it fear of losing, old age, comfortable of where I am? - maybe all of the above.

What is your biggest win? What is your biggest loss? Over the years, what is the net profit/loss situation? The emotional thrills/pain? Was it worth the journey? Why?

[Naam]

Was it worth the journey? Why?

the journey (hard work plus investing) to financial independence at age 40 and retiring at age 46 was well worth any pain/hardship that was attached.

[SheungWan]

It seems that this topic is finally going into a "slow death" mode. The winners are grinners & gloating, partying etc. The losers are very quiet! It has had enormous interest - 100+ replies within 1 week!

Once, I was a "goer" - a "high achiever" - now NO! Is it fear of losing, old age, comfortable of where I am? - maybe all of the above.

What is your biggest win? What is your biggest loss? Over the years, what is the net profit/loss situation? The emotional thrills/pain? Was it worth the journey? Why?

42.

[crazyguyinthailand]

ohh boy!

There is another poster who can show you which free bus you can take to Big-C. If the traffic is too bad, you can aleays walk and have a nice conversation about why people buy expensive cars.

Yeah you me and him can take it together

[mmh8]

unless it has already happened to the op, statistically your prediction of dying in the future is correct with around 100 % probablility.. This is one of my free services I will charge for the other

[RAZZELL]

Whats happened to the OP?

Jumped off a bridge yet? Or hiding under one?

RAZZ

[cnx37]

Razz

Very quiet indeed!

What are these "superstars" up to? Holidaying in Monaco? At the BMW showroom? Or good old-fashioned sleeze?

I suggest that you are spot on!

[JAS21]

Whats happened to the OP?

Jumped off a bridge yet? Or hiding under one?

RAZZ

Still posting frequently ... have a look at his profile

[steven100]

Blimey! Wish I had the mindset to be doing what these guys do...I get all upset when a bank won't exchange foreign currency coz there's a tiny tear.

yeah ! .... i even count my change after 7-11

[Dave 74]

So how much money has the OP gained or lost since the OP?

[Old Croc]

So how much money has the OP gained or lost since the OP?

Try reading post no.104.

[SheungWan]

Some (I emphasise 'some') of those who make peanuts don't like to see tall poppies growing nearby. Voodoo incantations at the ready.

[infinity11]

I ever plan to enter and play the market it again, i am sure it will be options on futures in the commodity market.

I am sure it is not easy or stress-free but it makes the most sense for multiplying capitol.

[Naam]

I ever plan to enter and play the market it again, i am sure it will be options on futures in the commodity market.

I am sure it is not easy or stress-free but it makes the most sense for multiplying capitol.

it's not easy to multiply a capitol and it takes a lot of money... i think

Edited March 7, 2014 by Naam

[NeverSure]

I ever plan to enter and play the market it again, i am sure it will be options on futures in the commodity market.

I am sure it is not easy or stress-free but it makes the most sense for multiplying capitol.

it's not easy to multiply a capitol and it takes a lot of money... i think

Awesome catch for someone who's first language isn't English.

[JesseFrank]

I ever plan to enter and play the market it again, i am sure it will be options on futures in the commodity market.

I am sure it is not easy or stress-free but it makes the most sense for multiplying capitol.

it's not easy to multiply a capitol and it takes a lot of money... i think

Awesome catch for someone who's first language isn't English.

I think Naam's first language is Pedantish.