A Million Dollars in 12 Steps

[hostm]

I'm a trader. In this thread, I'd like to announce a trading challenge to earn a million dollars in 12 steps—actually, 12 trades. Only trades that meet the conditions will count.

My initial deposit will be $5,000. But my first trade will only be for $500. The rest will be margin. I'll be opening trades with 10x margin.

The goal of this thread is to prove to doubters that any real trader can earn a million dollars starting with a very small amount. Because I'm tired of threads that say only 5% of traders can make money. And similar ones.

These are the steps: $500 > $1,000 > $2,000 > $4,000 > $8,000 > $16,000 > $32,000 > $64,000 > $128,000 > $256,000 > $512,000 > $1,024,000

I'll keep the million for myself. Because I need it.

But I'll give the rest $24,000 in Bitcoin to one of the forum participants who will give me moral support.

The participant will be selected using a randomizer. You can suggest a suitable randomizer online.

This participant will need to send me a private message with an email address, to which I will send the seed phrase for a wallet with $24,000 in Bitcoin.

The participant will need to confirm that I've transferred the money and fulfilled the conditions.

The challenge is not timed, but it's important for both you and me to complete it as soon as possible. For me, because I really need a million dollars. You, get the money before
Bitcoin rises and earn extra cash from its growth.

Are you interested in participating in such a challenge? If you're not interested, or if such things are prohibited here, then I apologize for the inconvenience.

[Charles-Tim]

Give us updates of each trades PnL daily so that we can believe you.

The goal of this thread is to prove to doubters that any real trader can earn a million dollars starting with a very small amount. Because I'm tired of threads that say only 5% of traders can make money. And similar ones.

Even if you trade and make money, that does not change the fact that most traders are losing.

But I'll give the rest $24,000 in Bitcoin to one of the forum participants who will give me moral support.

The participant will be selected using a randomizer. You can suggest a suitable randomizer online.

But people should be very careful because we do not know if you can be trusted or not for now until you start the trading with proves and if you truly ended the trading with the profit.

It is worth knowing that this is not trading but gambling.

[hostm]

until you start the trading with proves and if you truly ended the trading with the profit.

If this challenge is of interest to participants, I'll announce the start date and show that I have $5,000 available for trading. I'll post a screenshot.

All intermediate trades that meet the conditions will also be confirmed with screenshots.

[joeperry]

I admire your enthusiasm in proving that you can earn a million dollar with just a $5000 initial deposit, I don't say it's not possible but this will be very challenging. But just like what @Charles-Tim no one will dare just to follow you because you just posted here, people will believe in resulst and following you/participating here comes second and if you've proven your self here. I, myself would show support and participate in your trades. For now, I'm just following your thread and wait for the results of your trades daily (or whenever you are trading).

[hostm]

wait for the results of your trades daily

I don't believe I can make 100% in day trading, or if it is possible, I don't know how to do it.

I'm focused on medium-term trading and will follow the trend no matter what. So, there's no need to follow or read this thread every day.

You two are already participating in the prize draw when I make a million. Because it is enough to write a few words to support me. And I will surely make it. Because I desperately need a million $. This is a vital challenge for me.

Also if this kind of challenges is prohibited here and my thread is closed by a moderator, I will anyway give the prize to the winner. In this case, the fewer participants, the greater the chance of winning the prize.

[slaman29]

I'll support you, but I think it's important to clarify that you will be gambling, using trades.

I'm not saying that's good or bad, just stating what I feel it looks like with the information you just gave, where you gave no indication at all that you will be trading on any kind of analysis, simply trying to multiply your money on leverage.

If I'm wrong, then you can adjust, if I'm right, put this in the gambling subforum and update us there

[DPHOR]

This participant will need to send me a private message with an email address, to which I will send the seed phrase for a wallet with $24,000 in Bitcoin.

The participant will need to confirm that I've transferred the money and fulfilled the conditions.

Something fishy catches my attention here..
I would want to know, why must it be you that would create the seed phrase and send to the person?
Why not request for person's address and send to him then post the txt id here, where people could confirmed that you have truly sent out the money to the person. Irrespective of anything there should be transparencies in what you are doing over here.

[hostm]

it's important to clarify that you will be gambling

It is not not the gambling. Here is my strategy in short.

1. I trade futures on decentralized exchanges (DEXs). My best trading is on the Hyperliquid exchange. This isn't an advertisement, just my personal experience.

2. I only have one trade open at a time. If needed, I can publish them in advance — entry point, stop loss, and take profit. Or I can post screenshots of the trade results.

3. My maximum daily drawdown is 10% of the trade margin. This means that if the asset moves against me, I close the trade with a stop-loss of 10% of the margin. My maximum weekly drawdown is 20% of the trade margin. I use such strict risk management to protect my deposit as much as possible.

4. I will always move my stop loss to breakeven at 10% of the trade's margin. Moving the stop loss up if the trade is long or down if the trade is short is the key to my trading strategy, without which I won't be able to make a million.

5. My trading strategy includes 12 basic steps, or trades up to a million. You can find more information about this in the first post.

6. I'm very motivated to enter a profitable trade TODAY. TODAY, damn it, is the best day to enter a trade. This means I'll be looking for an entry point and asset for the trade every day. This will help me complete the challenge faster, and strict risk management will prevent my deposit from shrinking significantly.

But I'll only publish the results of the top 12 profitable trades.

Why not request for person's address and send to him then post the txt id here, where people could confirmed that you have truly sent out the money to the person.

I agree to this as well. In this case, it's your right to choose how I'll send the prize, as well as your right to propose the terms of the prize draw so that they're fair and no one is left feeling cheated.

[davis196]

My initial deposit will be $5,000. But my first trade will only be for $500. The rest will be margin. I'll be opening trades with 10x margin.

These are the steps: $500 > $1,000 > $2,000 > $4,000 > $8,000 > $16,000 > $32,000 > $64,000 > $128,000 > $256,000 > $512,000 > $1,024,000

So you want to double your profits with every trade? Even the biggest day trading gurus don't have such success rate. I'm sorry to admit this, but I'm skeptical.

I'll keep the million for myself. Because I need it

I thought that you won't need a million dollars. I trading genius like you must be a millionaire already. Day trading is easy and everyone can make a million in no time.

But I'll give the rest $24,000 in Bitcoin to one of the forum participants who will give me moral support.

Why are you so sure that you are going to make 1024000 dollars? Keep your 24K dollars(you haven't even made that amount so far). Moral support? I don't think that giving you moral support would do the work.

OP, is this some kind of joke forum thread? April fools is a month away.

[Coyster]

Lol, you do not have to prove anything to anybody, if you can make a million dollars, just go ahead and do it, you do not have to tell us. You are wasting valuable time you'd have used to rack up thousands of dollars talking to us losers here.

This post would have made a whole lot of sense on the first day of next month, don't you think so? By the way, how many million dollars are you worth? Because if you wanna do this to prove the "doubters" wrong, it means it is something you do regularly or when you are bored, or whenever you want to prove a point.

[GreatArkansas]

What is this in 12 hours? 12 days? 12 months? 12 years?

I think the information is not enough for this challenge. I believe this is possible, the numbers, the million. But for sure time will matter like the deadline.

[hostm]

But for sure time will matter like the deadline.

OK, if you want the deadline, let's agree that it will be December 31, 2026. If I make a million before then, I'll give $ 24,000 to the winner. I really need to make a million as soon as possible. But I can't take too much risk.

But if I can't make a million with a $ 5,000 deposit by December 31, then I'll give 2.4% of what I earn as a prize. All agree?

It's a challenge. And I want someone else to benefit from my victory.

I will announce the start of the challenge later.

[Italian Panic]

But for sure time will matter like the deadline.

OK, if you want the deadline, let's agree that it will be December 31, 2026. If I make a million before then, I'll give $ 24,000 to the winner. I really need to make a million as soon as possible. But I can't take too much risk.

But if I can't make a million with a $ 5,000 deposit by December 31, then I'll give 2.4% of what I earn as a prize. All agree?

It's a challenge. And I want someone else to benefit from my victory.

I will announce the start of the challenge later.

Hey Bro, your idea has already been used several times by others. It works up to a point, then people earn a certain amount of money and run away or in one of the steps the leverage destroys their earnings.
You should also set a deadline (you wrote 31 December 2026), and you should also set up an escrow from the forum that has access to the funds and can pay the participants on your behalf if necessary.
In that way things could be credible.

[hostm]

you should also set up an escrow from the forum that has access to the funds and can pay the participants on your behalf if necessary.

I agree to set up an escrow when I have at least 5 or 6 profitable trades. There will only be one winner. He (she) will be chosen using a randomizer you provide me from among the forum participants who have written me positive words of support.

people earn a certain amount of money and run away or in one of the steps the leverage destroys their earnings.

I have very strict risk management. Therefore, I make no more than four trades per week. The main goal of my trading strategy is to catch a trend and hold a trade as long as it's in my direction. Only then can I take even one step closer to a million.

P.S. I haven't started the challenge yet.

[JaanusRaim]

Ok, here is nothing to lose. I am your moral supporter.

I believe that 2x profit 11 times in the row is possible but setting the timeline is not a good idea. You can not force opportunities to come.... they come in their own time.

In volatile times you can achieve your goal in 1-2 year horizon, in quiet times.... even a decade can be too short for that.

[hostm]

So, today I'm starting the challenge.

I don't want to waste my time because of the deadline.

I post screenshots showing that I have enough funds to cover the margin. Some of it is in Bitcoin, but if the indicator readings are abnormal and I see divergences, I'll exchange the Bitcoin for USDC and top up my balance on the DEX.





You see that my account on the DEX is new, I just recently started trading on it.

I hope that soon I will be able to publish the results of my first trade that satisfies the conditions of the challenge.

So you want to double your profits with every trade? Even the biggest day trading gurus don't have such success rate. I'm sorry to admit this, but I'm skeptical.

Not with every trade. There will only be 12 trades that meet the challenge conditions. Probably, out of 10 or 100 trades, only one will be successful.

When Bitcoin started falling, it was possible to make $5,000 out of $500 in a single trade because it was falling very quickly. You just need to monitor the indicators daily and look for pearls in piles of junk.

[SamReomo]

It seems like an okay challenge but going up to 10x leverage can be quite risky. I've seen many traders losing everything with such high leverages. Why not to reduce your max leverage to 2x or 3x for low risk and rather increase duration of this challenge to 2-3 years instead of December 2026?

[JeffBrad12]

What is this in 12 hours? 12 days? 12 months? 12 years?

I think the information is not enough for this challenge. I believe this is possible, the numbers, the million. But for sure time will matter like the deadline.

From what I infer 12 trade using compounding method and that will only happen if OP able to pull off 12 consecutive win doesn't matter what the period would be.

There are tons of people doing this challenge but it's harder than it looks, the real difficulty here is one loss and the entire capital gone, this affect psychology and emotion too.

[hostm]

It seems like an okay challenge but going up to 10x leverage can be quite risky. I've seen many traders losing everything with such high leverages. Why not to reduce your max leverage to 2x or 3x for low risk and rather increase duration of this challenge to 2-3 years instead of December 2026?

My indicator is designed for precisely this kind of risk. I won't describe how it works, but a long history shows its success.

That's why I started this challenge: I'm confident of success.

The only thing is, because of the deadline, I might not make it to the million mark by the end of this year. Then the winner will get less, that's all.

[SamReomo]

My indicator is designed for precisely this kind of risk. I won't describe how it works, but a long history shows its success.

That's why I started this challenge: I'm confident of success.

The only thing is, because of the deadline, I might not make it to the million mark by the end of this year. Then the winner will get less, that's all.

So throughout this whole challenge you're going to rely on an indicator? That's even more risky I guess because sometimes indicators don't work because technical indicators  alone aren't enough to make consistent profit in crypto market. Sometimes a bad news can be enough to fail all indicators.

I'm not going to say anything about your confidence but it's not an easy challenge, I hope you'll make something from this challenge and not lose the money that you already own.

it's possible to make $1M within that deadline even with low leveraging but only when your research, your technical knowledge and your luck are in your favor, otherwise making $1M from $5k isn't an easy task and it's not achievable by 99% of the crypto traders.