How long to become a millionaire

[godoftrading]

This was in my mailbox and thought it to be of interest. I think the calculations will surprise some of you.

Day Trader Millionaire Calculator (beta)

 

[Hoggums]

LOL....

I tried to calculate how long it would take you to become a millionaire but I stopped after 10,000 trading days.

 

[Directional]

yeah, i'm surprised the calculation only lets you put in a positive number of ticks. if only it were this easy...

Where is the calculator that works out how long it will take someone to blow up their account? we could test it on spanish89.

 

[shadowninja]

Run big stop simulator

 

[new_trader]

It will take you(me) approximately 2150 trading days (3010 calendar days) to become a millionare. Your target date to have at least $Million in your trading account is 19-Oct-2016.

Maybe I am way too conservative with my trading....

I just noticed that I will be a Millionaire in October, which historically is the most likely month for a stockmarket crash...The month I become a millionaire will also most likely be the month I lose it all...

 

[PKFFW]

"It will take you approximately 544 trading days (756 calendar days) to become a millionare. Your target date to have at least $Million in your trading account is 18-Aug-2010 "

Maybe I'm too optimistic. That was averaging a single point per day.

 

[Splitlink]

LOL....

I tried to calculate how long it would take you to become a millionaire but I stopped after 10,000 trading days.

How long is a piece of string?