How to Build Insane Wealth Over Next 18 Years 2026-2042
Updated
This is my plan to turn $20,000 into $2,000,000 over the course of the next 18 years.
The margin on 1 YM is $11,000. I will double that for some wiggle room. In this raging bull market up to 150,000, I will be adding at these specific four entries with YM contracts.
I will also be sprinkling in here and there micros, MYM as I see fit as they are only $1000 each.
First entry: Breakout, Pullback at 37,000
Second entry: Breakout anticipation at 50,000
Third entry: Pullback around 59,000
Fourth entry: Pullback around 71,000 (I may or may not add 2 YM's for this acceleration of the trend)
Currently as of 2024, the market is in breakout mode on its way to 49,000-50,000 before the pullback down to 37,000
From there, just constant buying with only minor dips as the bull trend starts really accelerating towards the end.
Just one investment of 1 YM contract at 37,000 will yield $2,000,000 in profits.
Take advantage of this Raging Bull Market to build insane wealth because once it is over in 2042, then the next major crisis/bear market will arise.
The margin on 1 YM is $11,000. I will double that for some wiggle room. In this raging bull market up to 150,000, I will be adding at these specific four entries with YM contracts.
I will also be sprinkling in here and there micros, MYM as I see fit as they are only $1000 each.
First entry: Breakout, Pullback at 37,000
Second entry: Breakout anticipation at 50,000
Third entry: Pullback around 59,000
Fourth entry: Pullback around 71,000 (I may or may not add 2 YM's for this acceleration of the trend)
Currently as of 2024, the market is in breakout mode on its way to 49,000-50,000 before the pullback down to 37,000
From there, just constant buying with only minor dips as the bull trend starts really accelerating towards the end.
Just one investment of 1 YM contract at 37,000 will yield $2,000,000 in profits.
Take advantage of this Raging Bull Market to build insane wealth because once it is over in 2042, then the next major crisis/bear market will arise.
Note
Here is the weekly chart zoomed in for 2024-2026 for the breakout, pullbackNote
Zoomed in chart on the 4 Hour for the choppy, range building up before the breakout of 42,000That pullback (-25% crash) WILL take out all those longs and hit the gold 50% level.
Note
In this 4 Hour range until September, I will be looking for more buys down at the 39,500 level for the short term run up to 49,000. I will be bailing out before that crash at 49,000. I will then commence my portfolio building my position for the run up to 150,000Note
My mistake, not 39,500 but 39,900. Typo.Note
Most of the volume transacted currently is just slightly under the midpoint of the range below 40,750. Prime buying low of inventory should be between the low of the range of 40,000 to the midpoint of the range of 40,750. This is a 750 tick range. I will be building up my inventory as well trying to secure each piece as close to 40,500 as I can before the run up to 49,500.
Note
Price is accumulating around the midpoint of the range and is getting higher and higher. I am afraid I may not be able to get more inventory down there at 40,000 level before price breaks out of 42,000 and heads up to 49,000.Note
This is my position so far. I admit my first add was a bit too high and I was a bit too aggressive. These are my preferred adds if I can get them. I want to have my full position on before the breakout with an add AT the breakout. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.