How I Made $1,000,000 Dollars Last Year Trading Commodities by Larry Williams
How I Made $1,000,000 Dollars Last Year Trading Commodities Larry Williams ebook
Page: 130
ISBN: 9780930233105
Format: pdf
Publisher: Windsor Books
In the example above, in which you risked 300k throughout the year, the underlying collateralized value of the contracts you traded would be about 4.2 million dollars. For example, Richard Dennis borrowed $1,600 and turned it into a $200 million fortune in about ten years. Equivalent to the initial margin rate. The fully collateralized value of the contract is only 333k, as compared to 4.2 million in the previous example. How I Made $1000000 Dollars Last Year Trading Commodities. Fortunes were made this way and even people without access to large funds were able to invest in the real estate market. This is why you can make a lot of money trading commodity futures; it is also why if you do not control your risk, you can lose a lot as well. George Soros is well known for his billion-dollar bet on the devaluation of the British Pound, John Arnold made billions trading natural gas, Jay Gould cornered the gold market, and Louis Bacon predicted the Gulf War. But shippers and exporters are getting restive as this FOB policy makes their lives difficult and, they estimate, has cost Nigeria tens of billions of dollars in income over the years. In this article, we'll During that same year, he wrote a book, entitled “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market” discussing his investment strategies and how to capitalize on the commodities markets. You need to understand that this is the inherent risk of trading in commodities. Whereas in the past you could've earned hundreds of thousands of dollars after a few years, this is no longer possible in most markets.