Do you think you can turn $200 into $400 in six weeks?

TheLastBear

Active member
125 2
I am wondering how many of you think they can turn $200 into $400 in six weeks? How would go about doing that?
 

pboyles

Legendary member
8,072 1,301
I am wondering how many of you think they can turn $200 into $400 in six weeks? How would go about doing that?
Get a job in McDonalds, after 6 weeks you'll have about $1600 and you'll still have your $200 as well. That's like 800%, not even an Australian forex scheme could make that much.
 

dan1986ccfc

Active member
113 3
Get a job in McDonalds, after 6 weeks you'll have about $1600 and you'll still have your $200 as well. That's like 800%, not even an Australian forex scheme could make that much.
He forgot to mention he doesn't want to work for any of it :LOL:
 

rathcoole_exile

Veteren member
3,924 766
flip a coin to decide whether to go for Black or Red
waltz into a casino, lay down a bet according to the coin toss
walk out immediately, whatever the result, either with zero or $400
 

Gaucho and Nelson

Junior member
29 3
Get a job in McDonalds, after 6 weeks you'll have about $1600 and you'll still have your $200 as well. That's like 800%, not even an Australian forex scheme could make that much.
nor all the british ones (put together) either including the scalpers in front of the olympic tents who, rumour has it, have amalgamated with the pick-pocketeers and still not a solid pair of conkers between them.......:eek:nline2lo
 

pboyles

Legendary member
8,072 1,301
The overall opinion seems to be that you should either work for it or gamble and hope for the best. What answer were you looking for, that you can double you money by some other means?
 

scose-no-doubt

Veteren member
4,630 954
What the gentleman expects is a flurry of trading ideas with supporting rationale from which he can have his pick of the litter and therefore avoid any form of exertion himself while reaping an economic benefit.
 

Lord Flasheart

Legendary member
9,796 975
At least we know what the Senior and Legendary members subscribe to when it comes to trading, but thanks for your opinions.
dont take it so personally,but think about the question. how cany you really start trading with $200 and ask for a precise return in a set period. Youve got a lot to learn,feel free to join my thread or look at the other threads
 

R.Charnock

Well-known member
400 124
No-one's mentioned the Bagasloopy way, which is, of course, guaranteed to produce huge profits (for the vendor).
 

iamnev

Active member
108 4
$200 to $400 in 6 weeks.
Assuming you are trading every day between Monday and Friday.
You have 30 days to create $200.
200/30 = 6.66 , meaning you would have to generate $7 of profit every day.

A strategy with 2% risk on $200 is a strat that allows you to risk $4, so I wouldn't recommend risking $4 to make $7 initially.
However, if you could get a strategy that had a risk reward of 1:3, you could risk 2% a trade and it would get you nearer the $7 a day that you need.
Your problem would be that a RR of 1:3 doesn't usually have as high a probability of return as a 1:1
Do you need to double your money in 6 weeks ? why not double it over 18 weeks and give yourself a chance.
What ever the strategy is and for the purpose of illustration only, why not risk 1:2 , and when you have made your balance $225, why not risk more on the extra $25 and keep the $200 safe or on the same strat that made you the $25 in the first place.

Long story a bit shorter, when you have some risk free capital, put it to work more efficiently and up the risk, but, only on the risk free capital.
 

pboyles

Legendary member
8,072 1,301
$200 to $400 in 6 weeks.
Assuming you are trading every day between Monday and Friday.
You have 30 days to create $200.
200/30 = 6.66 , meaning you would have to generate $7 of profit every day.

A strategy with 2% risk on $200 is a strat that allows you to risk $4, so I wouldn't recommend risking $4 to make $7 initially.
However, if you could get a strategy that had a risk reward of 1:3, you could risk 2% a trade and it would get you nearer the $7 a day that you need.
Your problem would be that a RR of 1:3 doesn't usually have as high a probability of return as a 1:1
Do you need to double your money in 6 weeks ? why not double it over 18 weeks and give yourself a chance.
What ever the strategy is and for the purpose of illustration only, why not risk 1:2 , and when you have made your balance $225, why not risk more on the extra $25 and keep the $200 safe or on the same strat that made you the $25 in the first place.

Long story a bit shorter, when you have some risk free capital, put it to work more efficiently and up the risk, but, only on the risk free capital.
I think this thread rather sums up T2W. Along comes a guy that wants to double his money in six weeks, everyone tells him he cant unless he gambles or actually does a bit of work to earn some money. Of course that answer is not suitable and like an EU referendum the question must be asked again until the people come up with the right answer.

Sure enough before long along comes iamnev to advise him on strategies. Nev conveniently forgets to tell us that he paid 3500 for a course and later became a professional prop trader with a 1500 spread bet account. Not bad you might think, except of course that he promptly lost 50% from one account and 25% from another according to his blog. Of course in the trading world failure does not prevent you from advising others, all that is needed now is for Nev to charge a hefty fee for his mentorship and we will have the perfect example of a T2W vendor.
 
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