Hi /biz/, tomorrow im going to leverage my whole bank account

>>1062174
Any advice for what? Suicide for when you lose a million dollars?

r8 8/8 b8 m8

Can I bid on your mother at auction? I need a comedy piece for my living statue collection

>>1062174
in the stock market, money flow to those with information. You don't have any new information. The BHP shares might drop, they might not. AUD/USD exchange rate might go up, or down, or stay pretty much the same. You don't know shit, not anything more than all the people that are buying and selling.

You may win, you may go broke, but it all adds up to normality. All you're doing is putting all your money on black and paying the casino a small fee in the process.

>shorting BHP
you're about a year and a half late to that one faggot, I was doing it over the summer and covered around 30 because I felt it was getting a little compressed, obv missed out on 50% more gains from there but oh well. At $20 in the current market with materials/commodities bouncing it's a buy.

But please do go through with this and post results, will be quite amusing.

>>1062174

i work in a sydney FX broker. if you're serious about this give me a throw away email. I'll be able to get you a good spread and that leverage

>>1062676
Whoa isn't that illegal

>>1062174
>This is my plan, but I'm going to do it with far less money.

>If I make it seem like I have alot, retards from 4 chan will give me advice instead of calling me an autist.

>Actually having this much money and seeking advice here.

God you're a fucking faggot. Fuck off with your shitty high risk ideas.

>it won't
>I know they will next month

If you're so sure, go fucking do it.

>>1062687

whats illegal about doing business?

You won't be able to get 100:1 with 1mill, more like 20:1 MAX

File: laughing president.png (364KB, 772x638px) Image search: [Google]

364KB, 772x638px

>>1062174
>Hi /biz/, tomorrow im going to leverage my whole bank account of $1,000,000 AUD for 100:1 on a forex trade for AUD/USD.

famous last words

>>1062174
>but I know I will be rich after this.
Your trade will be frontrunned. Even implying you will get away with a similar leverage, your order will be sent in a single block on the ECN. Algos will maul your entry and you will get a significant slippage at a worse price.
Then, whoever is out there working for a prop with half a brain will make a few phone calls, go against your trade, you get out, and your liquidity gets used to fill shorts again from a better price.

Now just tell me when you are going to do it exactly so i can properly fade your move

>>1063459
it is hardly a huge order... if he's dealing with serious ECNs... also can hardly get front run if the size is there and he submits a market order... no reason why he needs to execute the whole thing in one go either

>>1062687

in forex it's completely legal to do that

in the stock market it isn't i think