you can certainly make huge amounts margin trading in a short-time period but it is definitely not risk-free and it cuts both ways. Turning 9k into 220k equates to over 24 times their initial fund.9 double - 18k 18 double - 36k36 double - 72k72 double - 144k144 double - 288kthis implies that to turn ��9,000 into ��220,000 would imply taking huge risks and you will more than likely end up wiped out. Sure there are stories of Soros having bet some $10 billion (i think) and made $2 billion shorting the pound in 1992 but how many Soros are there?
If there was a way to make a million quickly, every one would soon be doing it and the competition would destroy the big mark-up. If it were so easy to make a million, why is the author not doing it himself. People who discover a way to make a great amount of money, do it themselves and keep it a secret. Once everyone else finds out, everyone will try it, and the competition will reduce the opportunity. The author of the book is trying to make a million on the book. A few years back, a Hungarian gentleman and his wife were a professional dance team who performed around the world. He wrote a book on how he made millions of dollars in the stock market using system. The book made him a million dollars. Two years later the news came out that the book was a fraud. He couldn t have made the transactions he claimed. And so it goes. Read a really good book on investing. Try the classic The Intelligent Investor. It worked for billionaire investor Warren Buffett.
it can make you flat broke a lot quickerthere are no guarantees you will EVER make any money investing in anything
