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1K TO 1M CHALLENGE
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xperts

Member Since Apr 06, 2016  59 posts Miyan X (xperts) Nov 05 2018 at 11:43
Euge9999 posted:
Anybody knows what happened to Gcharts and his 1K TO 1M CHALLENGE account?



I think it's been more like '1K to Zero Challenge' and they been doing great in that as it appears...

get after it
xcitetrader

Member Since Nov 18, 2017  1 posts xcitetrader Dec 07 2018 at 10:15
smiley

Jingyi

Member Since Nov 15, 2018  8 posts Jingyi Dec 09 2018 at 07:19
I've done 1k to zero a few times. I think I could go pro at that. I am making some profit now but 1k to 1M would take years with proper risk management

jamesgwyther

Member Since Aug 05, 2017  289 posts jamesgwyther Dec 09 2018 at 07:25
Is this still going?

nvendetti

Member Since Dec 07, 2018  2 posts Nick Vendetti (nvendetti) Dec 10 2018 at 07:35
xperts posted:
Seems like another restart, this is the third time i believe!!!
I've seen a lot of these! It's not so much of a restart but a belly up :)

Don't stand in my way, you wont survive.
jamesgwyther

Member Since Aug 05, 2017  289 posts jamesgwyther Dec 10 2018 at 13:19
nvendetti posted:
xperts posted:
Seems like another restart, this is the third time i believe!!!
I've seen a lot of these! It's not so much of a restart but a belly up :)



You could get 500 of these wrong and still make £500k profit if the next one won though lol

nvendetti

Member Since Dec 07, 2018  2 posts Nick Vendetti (nvendetti) Dec 11 2018 at 07:32
It's a challenge.. you get to 2000.... and it's like starting over every day.. the odds of 500,000 are stacked against retail traders.

Don't stand in my way, you wont survive.
mk03

Member Since Nov 27, 2016  2 posts Ak (mk03) Jan 06 2019 at 08:57
I am planning to do the same thing. Hope I dont go belly up soon. cry



Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Jan 06 2019 at 23:33 (edited Jan 06 2019 at 23:45 )
I'm not going to say this is an impossible task, because there is of course a possibility that it could happen.

For example: $1,000.00 US compounded at a 1.95% per daily trading, over a period of 360 trading days would yield $1,045,689.73, or if you were able to continue doing it for a period of 720 trading days, you would generate more than a billion dollars.




To actually accomplish this task though, is extremely difficult.

Also... Good luck getting your brokerage to authorize a full billion dollar withdrawal from your account.







Attachments:

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Jan 06 2019 at 23:49 (edited Jan 06 2019 at 23:49 )
jamesgwyther posted:
Is this still going?


No. They killed their trading account and deleted their user account from here.

Click on their user profile and you'll get 'User Gcharts wasnt found.'


If it looks too good to be true, it's probably a scam! Let the buyer beware.
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