2006-09-29 20:47:51 · 10 answers · asked by nwafanusa1 2 in Business & Finance ➔ Investing
Yes, you can. But the much more likely scenario is that you will loose the $500.00 in a matter of hours or even minutes.
2006-09-30 01:34:29 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I suggest you to simulate you bought $500.00 in futures on September 10, 2001 and see what happens.
If you did not make $5,000.00 then with the knowledge of the future then you cannot make $5,000.00 in 3 days.
2006-09-30 12:15:09 · answer #2 · answered by Anonymous · 0⤊ 1⤋
You would need a lot more than $500 to cover any potential cash calls if the market went against you.
Try this link for a practice account.
http://www.fxcm.com/
2006-09-29 21:12:35 · answer #3 · answered by newsreader325 2 · 0⤊ 0⤋
Sure, but you could also win the lottery. But like the lottery your chances of succeeding are very slim. There is no such thing as easy money.
2006-09-29 20:51:35 · answer #4 · answered by Jon H 5 · 0⤊ 0⤋
There are no Santa Clauses. You stand a better chance of losing your $5,000.00 in less than an hour!
2006-09-29 20:50:30 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Read the FT/WST/Economist. Under no cirumstances try the speculation game unless you have the money to lose.
2006-09-29 20:56:49 · answer #6 · answered by wilf69 3 · 0⤊ 0⤋
Only if you can tell the future.
2006-09-29 20:51:18 · answer #7 · answered by vinny_the_hack 5 · 0⤊ 0⤋
YOU could play the horses.
2006-09-29 20:50:24 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It is mathematically possible. However, the odds are not with you.
2006-09-29 20:50:53 · answer #9 · answered by An Unhappy Yahoo User 4 · 0⤊ 0⤋
No.
2006-09-29 20:59:06 · answer #10 · answered by paul p 1 · 0⤊ 0⤋