Still trade if won the Lottery?

[LostPigeonCoo]

If you won £20mln on the lottery this week would you still trade the markets? how much would you trade in to the markets?
How could you trade a mare £10k, £50k or £100k when you got £20 Mln?
That's the thing with trading, because you got a lot of funds, would you want to trade with a few million or more or a small amount? what if you been trading for only a year? or less? if your a Pro Trader having only traded 20k max? or 500k, You should never commit a lot, even if your new to trading.

You won't be used to trading millions for the first time right?
I'll heard of Lottery winners putting huge amounts in to the market thinking they can win loads because they commited so much expecting huge returns.

How would winning the £20mln Lottery change you as a trader? if you have everything you want? Most people trade because they have goals to reach. Would you still trade the same markets you use or move on to risky markets?

 

[Masquerade]

Very unlikely. I'd probably go and enjoy life. If I got bored and wanted to make some money i'd play high stakes poker. If i'm really bored and in need of some money then i'd probably stick a few million in and trade. Trading Fx with £1 million or £10,000 isn't going to make any difference.

Trading's a crap thing and if i'm enjoying life, can buy whatever I want and not bored then I wouldn't look at a chart again.

 

[donaldduke]

You need to protect your 20mln against inflation.
So if you know how to trade profitable, best to do this yourself.

20 years from now 20mln wont be worth much.

 

[Skill Leverage]

Exponentially increasing your size would be silly, you haven't become a better trader just because you're rich. I would definitely up my size a tad though, and you'd be able to be far more relaxed I'd imagine!

 

[LostPigeonCoo]

You need to protect your 20mln against inflation.
So if you know how to trade profitable, best to do this yourself.

20 years from now 20mln wont be worth much.

What would be the best way to protect it against inflation? Gold no? FX?? Bonds?
If you had 5 million in 1940 how much would that be worth now?

 

[GammaJammer]

Being a trader is the only thing that keeps me humble these days. I'd be lost without an honest profession.

 

[donaldduke]

What would be the best way to protect it against inflation? Gold no? FX?? Bonds?
If you had 5 million in 1940 how much would that be worth now?

The pound held up very well between 1700 and 1930.

But after that it has collapsed..

 

[arabianights]

of course I would. Biggest euromillions win is in the region of 120 million odd, and I need at least a few trillion for my plans

 

[Mr. Charts]

You need to protect your 20mln against inflation.
So if you know how to trade profitable, best to do this yourself.

20 years from now 20mln wont be worth much.

Not if Gordon Thieving Brown stays in power !

 

[zupcon]

What sort of half wit waste's money on lottery tickets ?

 

[Mr. Charts]

I would continue trading because I love it.............if I didn't I'd go back to being a dentist.........if I was still a dentist I'd give that up. though.
What on earth is the point in all the "what if you won the lottery" cr*p that is so rampant?
1. It won't happen
2. If you're not content with yourself, you are wrong thinking having £20m will guarantee you happiness.
Richard

 

[gooseman]

double down baby

 

[Mr. Charts]

What sort of half wit waste's money on lottery tickets ?

They'd be somebody on t2w who would say, "I'd invest my £20m in 20m lottery tickets next week so I could win another £20m"..........

 

[arabianights]

What sort of half wit waste's money on lottery tickets ?

People who won't miss the lottery money but will really appreciate the bonus of a big lottery win. I spend at least a hundred quid everytime euromillions goes over 40 mil (don't tend to bother with smaller amounts).

IMO be daft not to. Just the anticipation alone is worth the fee.

Might as well what kind of idiot posts disparaging crap at citybulls...

 

[arabianights]

2. If you're not content with yourself, you are wrong thinking having £20m will guarantee you happiness.
Richard

This, though, is completely correct. All you need to be happy is to understand that nothing particularly matters in the long run

 

[Weighbridge]

of course I would. Biggest euromillions win is in the region of 120 million odd, and I need at least a few trillion for my plans

Holy smokes! Secret base underneath a volcano?

 

[arabianights]

Holy smokes! Secret base underneath a volcano?

Kinda. I intend to form my own country.

To do that with out violence is going to be expensive.

 

[Ambrose Ackroyd]

If you won £20mln on the lottery this week would you still trade the markets?

Certainly not.

 

[Paul71]

People who won't miss the lottery money but will really appreciate the bonus of a big lottery win. I spend at least a hundred quid everytime euromillions goes over 40 mil (don't tend to bother with smaller amounts).

IMO be daft not to. Just the anticipation alone is worth the fee.

Might as well what kind of idiot posts disparaging crap at citybulls...

You're a rotter Dave, but i like you!

 

[gedward3]

Kinda. I intend to form my own country.

To do that with out violence is going to be expensive.

Just add a tad of gratuity violence to bring your budget down then.