Quote:
|
Originally Posted by ruby123
Don't ask me how I know.................but i'm up 2500% so far with the capital I allocated to trading gold this year and shorted it 5 days ago.......... lovely  $$$$$$$$$$$$$ |
If you had bought at the very lowest at the start of the year @ ~ 524 and sold near the top @ ~ 720 thats extremely impressive...If you had invested just 50 000 USD @ 2500% that would have gave you 1.25 Million USD in 5.5 months...with that much leverage a move of under $10 USD against you at the start would have lost you all your money, keeping in mind Gold can swing 20USD+ in a day, depending on the price you could get out with that many future contracts you could have ended up not only losing it all but owing $10 000s more. You must have balls of steel.
I must go outside now and get rid of those pesky pigs flying about $hitting on my lawn.