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I just Made $10 000 Spending Less than 10 Minutes

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I just Made $10 000 Spending Less than 10 Minutes

Introduction

This article was posted on Wednesday, 19:45, UTC.

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Yes! My prediction was correct, and I made $10 000 spending less than 10 minutes on the trade (bought gold using CFD). The trade took 48 hours, but since I didn’t check the trade (at all) – I only spent a total of 10 minutes. That’s quite a good pay-rate. When that is said, this was a high-risk trade which could have gone both ways (double or nothing). But I felt quite secure that gold was undervalued at that point, and I entered with confidence (and slept very well). And most importantly, I could afford to lose the $10 000.

I started with 100 000 NOK on my trading account; now I got 183 769 NOK. 83,77% up in less than two days.

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Read my previous post about the trade here:

Bought Gold for 10 000 USD – Double or Nothing

And thank you for all the good vibes you sent in the comment section.

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Warning: High Risk

I just want to outline the fact that using margins to trade is very risky. I only do trades like that when I’m overly confident that my prediction is correct. And if I lose the trade, it must not affect my ordinary investing scheme (the 33% Club) and I must be able to cover all monthly expenses with no exceptions.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Jonas Borchgrevink

Jonas Borchgrevink

Founder of Hacked.com and CryptoCoinsNews

Comments
  • That is awesome!!! Congrats!!

    I saw your post and I wanted to act on it but I didn’t know how,, the only trades that I have learn to make are in cryptos exchanges. Which exchange could I have use, to do the same you did?
    ThankX

    • user

      AUTHOR Jonas Borchgrevink

      Posted on 10:17 pm June 28, 2017.

      I use IG.com for CFD trading (which is very risky).

      • user

        AUTHOR fkohist123

        Posted on 10:52 pm June 28, 2017.

        Jonas,

        What leverage do they offer? and can you recommend any brokers/platforms that offer variable leverage?

  • user

    AUTHOR gravair

    Posted on 8:58 pm June 28, 2017.

    Superb well done

  • user

    AUTHOR grantmaw

    Posted on 1:59 am June 29, 2017.

    Nice work, good to see you made the point about only playing with money you can afford to lose though. CFDs are a “make you or break you” instrument!

  • user

    AUTHOR johnb

    Posted on 8:41 am August 5, 2017.

    Well done sir! Thank you for sharing. 😊

  • View Comments (7) ...
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