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Well, I don't want to say that it is all BS, because who am I to know each and every situation. I would say that it's unlikely that your friends friend is going to be able to do this forever, if he has done it so far. The reason is that sooner or later, something will go the way that is not expected. My guess is that he keeps really leveraging his money by investing it all in one or two stocks, and watching them. This is great as long as the economy is in a bubble (like the Chinese) buy as soon as one of these doesn't jump up, well you get the point.
So my feeling is this, it very well could be true, but that would not be reason enough for me to jump in with my 10k, especially if I am new to trading. General rule of investing, if it sounds too good to be true, and beginners are making huge sums of money, it is usually going to crash pretty soon.
Hope this helps some, and welcome to the forums!
Mark
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