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Billion dollars in a week trading YEN

I found this nice example and would like to share it with you.

Here is how it works.

First of all, keep on smillling because in one week you are becomming a billionaire.

1. Borrow $100 even if it is with online payday loans and open a foreign exchange account.

2. On Monday at 8:01am buy 8718 Japanese Yen. At 8:14am sell 8728, give 4 to your friendly broker, leaving 6 profit. Your broker allows you toleverage the transaction 58 times by lending you A$5,700.Your net profit is therefore 348 Yen or 3.5%.

3. In the next fifteen minutes,with equity of A$103.48, sell at 8730 and buy at 8712, grossing 18 pips (14 after deduction of brokerage spread). Yourequity is now A$111.88

4. Repeat this process every 15minutes, selling high and buying low until close of business on Saturdaymorning. Your average profit per transaction is 3.3%, yielding a finalbalance of $A 1,087,061,600.

Repaythe $100. Goog luck shopping.

forex million dollars

 



Comments

2011-12-08 Well, this is the dumbest thing i've ever heard of. Not even Donald Trump makes that much in a week!
by hizaki
2011-09-30 Can someone please explain to me in detail on how to successfully trade on Forex in a week
by ohyatta
2011-09-30 Okay I am late but very interested in learning how to successful trade on Forex in a week. Advice please?
by lilyatta
2011-07-31 This is d most retarded forex idea i`v ever come across! So what happens if you sell at 8730 and the market reverses and begins to head back up and never reaches 8712 for you to buy??
by Obie
2011-06-17 Good Luck to Mikeytrader1...I must be retarded. I don't understand trading or how to buy yen's. So, I will just wish you the best of luck. I hope your endeavors work out for you! I only wish I could figure a way out of working for the Post Office. If you make a billion dollars and need a good reliable person with security clearance that can work for you. Please look me up. Denton, Texas
by Annette Franklin
2011-05-12 is this real? plus when he says buy 8718 and sell 8728 confuses me.
by the don
2011-04-21 did anyone actually do this and make a billion?
by superman
2011-04-11 ps: If someone would like to be my trading partner in this endeavor, cantact me on twitter(Mikeytrader1) or send me an e-mail(mhr_group@bellsouth.net).
by Mikeytrader1
2011-04-11 Yes, it CAN be done with the right strategy and money management. We all need sleep, so trading from 7pm est to Noon est will have to suffice. I will be trying for $100,000 in one month with a starting balance of $5000. If Successful, I will take out $50,000 and go for $1 million in one month starting with $50,000. Will start on 4/12/2011. I'll keep you posted on my progress.
by Mikeytrader1
2011-03-14 can this seriously be done
by Baily
2010-12-18 Whoever buys into this system is retarded.
by Bruce
2010-09-14 Im not sure I understand this.. This is why! Price wont start at this point every monday. Do you start with a sell no matter the price? What is the math here? Im lost. When do you know when to buy and sell since it wont be laid out exactly like it is in the paragraph! Will someone help me please because I will be the one to try this.. Please no funny comments because all im trying to do is to get some understanding. You dont know if you dont ask right?
by wow
2010-09-14 Hello why wouldnt someone make a robot and test it on a demo?
by knight walker
2010-08-10 It is possible in theory, and yes the four hour chart gives you a better view of the trend for that pair. Leverage is what makes the billion dollars in a week a real possibility.
by KPartlow
2010-06-03 Possibly The most amazing page on the internet If you understand it
by Hjash
2010-06-03 It made me... F#!% a 9 to 5...
by jesus
2010-06-03 Is this truly possible. But TRULY possible?
by Sky
2010-03-16 the truth behind this is that you would really need $200 to hold your position $100 to trade with also it matters on which currency u trade with the time frame for good results use the four hour chart and use the 20pip doubling method if u can make 60 pips a day or even $100 your chance in making a million then trading that with the same rule turns in 16 billion TRUTH HERE NO LIES
by drifter aka the dj of nyc
2008-11-27 Did you make a billion ?
by shashi

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