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Category: Money Blog Series
The Untold Story of Dan Saunders’ The 1.6 Million ATM Money Glitch”
In the world of high finance and criminal exploits, few stories are as bizarre and compelling as that of Dan Saunders, an ordinary Australian bartender who stumbled upon an extraordinary loophole. His tale is one of sudden wealth, lavish spending, and the inevitable consequences of living a lie—a story that reads more like a Hollywood script than real life.
The Accidental Discovery
Dan Saunders was just an average guy, working as a bartender in Wangaratta, a small town in Victoria, Australia. His life was unremarkable until one fateful night in February 2011. After a night out drinking, Saunders found himself low on cash and decided to make a withdrawal from an ATM. To his surprise, despite his account being nearly empty, the ATM allowed him to withdraw $200.
Puzzled but intrigued, Saunders began to experiment. He soon discovered that between midnight and 1 AM, the ATM system went offline for a brief period, meaning it didn’t immediately verify account balances with the bank. This glitch allowed him to withdraw money far beyond his actual balance.
A Taste of the High Life
Realizing the potential of his discovery, Saunders began making increasingly larger withdrawals. Over several months, he siphoned off around 1.6 million Australian dollars. With this newfound wealth, Saunders transformed his life overnight. He indulged in all the luxuries that most people only dream of—private jets, five-star hotels, extravagant parties, and expensive gifts for friends and strangers alike.
Saunders didn’t hide his sudden fortune. Instead, he flaunted it, living a life of excess that included chartering a private plane to take friends to the Pacific Island of Fiji for a weekend. He became the life of the party, enjoying the thrill of his new status while sharing his wealth generously.
The Moral Dilemma
But as the saying goes, all good things must come to an end. For Saunders, the fantasy of limitless wealth began to crumble under the weight of guilt and paranoia. He knew that his actions were illegal and that it was only a matter of time before he would be caught.
The psychological toll of living a double life became unbearable. Saunders was constantly looking over his shoulder, waiting for the moment when the authorities would catch up with him. The thrill of the heist was replaced by a gnawing sense of dread.
Coming Clean
After nearly five months of living large, Saunders could no longer take the pressure. He decided to turn himself in, confessing his actions to the bank and the police. In 2015, Dan Saunders was sentenced to 12 months in prison for his crimes, followed by two years of probation. He was also ordered to repay the money, though the majority of it had already been spent.
The Aftermath and Legacy
Dan Saunders’ story didn’t end with his prison sentence. His case attracted significant media attention, and he later became something of a folk hero—a man who gamed the system and lived to tell the tale. He appeared on podcasts, including “The Joe Rogan Experience,” where he recounted his extraordinary experience.
However, Saunders is also a cautionary tale. While his story is undoubtedly fascinating, it serves as a reminder of the dangers of easy money and the heavy price of living outside the law. Saunders has expressed regret for his actions, acknowledging that the temporary thrill of wealth was not worth the long-term consequences.
In the end, Dan Saunders’ life is a testament to the age-old truth: If something seems too good to be true, it probably is. His journey from bartender to millionaire and back again is a compelling narrative of greed, guilt, and the human desire for redemption.
How To EASILY Pass a 10K Prop Firm Challenge!
How To EASILY Pass a 10K Prop Firm Challenge and Get Funded!
This Blueprint provides detailed strategies to pass prop firm challenges for account sizes of $10,000.
The Blueprint includes phases 1, 2, and the funded phase, focusing on a high win rate trading strategy with risk-reward ratios of 1:1, 2:1, and 3:1, trading the NAS100 and FTSE100 indices, with two trades per day, five days a week.
Here are the General strategy characteristics your system should contain:
• Win Rate: 90%
• Risk-Reward Ratios: 1:1, 2:1, 3:1
• Instruments: NAS100, FTSE100
• Trade Frequency: Two trades per day, 5 days a week
Phases: 1 Phase 1: Initial evaluation 2 Phase 2: Verification phase 3 Funded Phase: Live trading with the firm’s capital
Phase 1 and Phase 2 Goals and Metrics For all account sizes, Phase 1 and Phase 2 typically have different profit targets and risk limits.
Here’s a generalized structure:
Phase 1:
• Profit Target: 10%
• Maximum Daily Loss: 5%
• Maximum Total Loss: 10%
Phase 2:
• Profit Target: 5%
• Maximum Daily Loss: 5%
• Maximum Total Loss: 10%
Funded Phase:
• Profit Target: Continuous profitability
• Maximum Daily Loss: 5%
• Maximum Total Loss: 10%
1. $10,000 AccountRisk Management:
• Maximum Risk per Trade: 1% ($100) Projected Weekly Performance:
• 1:1 Risk-Reward Ratio: Net profit = $800
• 2:1 Risk-Reward Ratio: Net profit = $1,700
• 3:1 Risk-Reward Ratio: Net profit = $2,700
Phase 1: • Profit Target: $1,000 • Duration: Typically 20 trading days
Phase 2: • Profit Target: $500 • Duration: Typically 20 trading days
Funded Phase: • Initial Capital: $10,000 • Profit Targets and Drawdowns as per firm guidelines.
Looking for a low risk and high reward strategy that takes 10 minutes a day to do? Check This Out
Billionaire Greek Playboy Flips $60 To $2.3 BILLION!
The billionaire Greek playboy who seduced Jackie Kennedy. At 16 years old, his father’s wealth-empire was destroyed and his family barely survived a village massacre. But he turned $60 and a job as a phone operator into $2.3 BILLION. This is the story of Aristotle Onassis:
Aristotle Onassis grew up the son of a wealthy shipping entrepreneur – Socrates Onassis. But in August 1922, the Turkish army attacked and destroyed Greek cities and villages. Aristotle and the Onassis family were stripped of their wealth.
Aristotle’s father was imprisoned and his business was transferred to Turkish ownership. The once wealthy family now fled from Smyrna to Greece as refugees. But in 1923, Aristotle left on his own to make a new start in Buenos Aires. He was 17 with just $60 in his pocket.
He arrived in Buenos Aires and found a job as a telephone operator. Aside from income, Aristotle used the job to learn about business by eavesdropping on calls. But in the 1920s, he overheard a business call that would change his life forever.
The phone conversation revealed a business plan: Two men planned to film a main character smoking on screen – one of the first ever cigarette ads of the 1920s. And it gave Aristotle an idea for his own cigarette brand.
Aristotle’s cigarette brand would target the female market. He chose famous opera singer Claudia Muzio as the face of his brand. To get her to smoke his cigarettes, he showed up outside her dressing room with a bouquet of flowers.
Aristotle seduced Claudia Muzio and her alliance made his brand take off. By 25, he was a millionaire. But he saw an even greater revenue potential.
At the height of the Great Depression, everyone was getting out of the shipping business. But Aristotle Onassis bought 2 ships. World War II had just begun, so he registered his fleet of cargo ships to Panama. With that, he gained tax-free status and began building his empire.
Aristotle went on to build one of the world’s largest privately-owned fleets. But he ran into a problem. An oil deal with Saudi Arabia went bad and he lost MILLIONS.
Onassis couldn’t make his loan payments – he even considered selling his fleet of tankers. But in 1957, demand for ocean tankers skyrocketed during the Suez Canal Crisis. Aristotle could set ANY price he wanted. And he made more money than he ever had in his life.
In 1957 alone, Aristotle Onassis made $70 million (about $740 million today.) And that same year: Onassis founded Olympic Airlines, which became a major airline in Greece. He was 1 of ONLY 2 men in the world to own a private airline.
With his status and power, Aristotle also dated many famous women. After having two children with his wife Athina Livanos and an affair with Opera Singer Maria Callas… In the late 60s, he met Jacqueline Kennedy.
They met just months before President John F. Kennedy was assassinated in 1963. And in 1968, Onassis married Jacqueline Kennedy on his private island. The two were on cloud nine – but the American public was outraged.
Aristotle was at the top of the world – he had power, wealth and romance… But in 1973, he faced a tragic loss. His son Alexander, died in a plane crash. He was deeply distraught.
Just 2 years later at age 69, Aristotle Onassis died in 1975 in Neuilly-sur-Seine, France. At the time of his death, Onassis had a net worth of $500 million – approximately $2.3 BILLION today.
Some say that the death of his son drove Onassis to an early grave. And while reading about his story, I found this powerful quote from him: “The more you own, the more you know you don’t own.”
And while Aristotle Onassis’s wealth allowed him access to material things most people could only dream of owning… His story is a powerful reminder that even with all the money, power, and privilege in life, there are some things you can never own. Like life, and death.
Secret Trading Brain Hacks used by Billionaire Traders
Secret Trading Brain Hacks used by Billionaire Traders
Want to know what separates Novice traders from these Billionaires?
MINDSET!
Below I’ll be showing you a 3 Step Brain Hack that have ultimately brought millions to these traders overnight!
James Simons
Net Worth: $30,700,000,000.00
Algorithmic Hedge Fund Manager
Beginning: Code Breaker and MIT Mathematics Professor
Article: https://www.forbes.com/profile/jim-simons/
Backstory: https://m.youtube.com/watch?v=cm7kkHtZiJA
Ray Dahlio
Net Worth: $15,400,000,000.00
Hedge Fund Manager
Beginning: Launched Bridgewater Associates Hedge Fund From His Two Bedroom Apartment
Article: https://www.forbes.com/profile/ray-dalio/
Kenneth C Griffin
Net Worth: $36,000,000,000.00
Hedge Fund Manager
Beginning: 1987 Started Trading Out of His Dorm Room.
Article: https://www.forbes.com/profile/ken-griffin/?sh=7a2fb0545079
If you get to work on these 3 Hacks and bridge the gap! You’ll automatically put yourself in the Top 5% of Billionaire Traders!
Here’s some hard truths that took me a long time to accept! But I promise you that if you follow these keys like a Bible you’ll never look at the markets the same again! AMEN!
“How you trade is just a reflection of who you really are!”
Ewan Forrester
Accepting Risk and Betting on Yourself:
There’s no avoiding it! There’s risk with anything worth obtaining in life. Especially those things that are challenging to reach!
So why not bet on yourself?
These traders knew the biggest risk they would ever take and that was to bet on themselves!
This action would later spill over into their trading and eventually managing BIG Money for their 7/8 figure investors!
If you’re not risk taker, get comfortable by taking lots of risk in your day to day life! It can be simple tasks to the bigger ones!
Ultimately doing things that makes you scared.
Benefit: This will dramatically increase your tolerance for risk in the markets and you’ll have a refined “fuck it” attitude towards achieving your BIG trading goals and not shrivel up in the face of fear.
Confidence comes from taking risks and facing challenges.
Try new things and step outside of your comfort zone to build your confidence.
Mental Toughness and Discipline:
If you’re not disciplined don’t bother trading!
Start becoming a man and woman of your word and honouring what you say by doing it! Here is a Great Book I highly recommend if you want to start working on that side of your life.
Benefit: If you Start with small things and work your way up to the bigger things. This will help you with Risk Management and getting comfortable with taking a loss every once in a while, because that’s what your RM told you to do.
Self-Entitlement:
Having self-awareness that the market doesn’t owe you a thing is gonna be a game changer! I’ve seen so many self-entitled traders bragging one day and gone another. Don’t become a statistic become a legend!
Benefit: Practice being grateful and humble for the smaller things in your life. This can be a plate of food to simply having a roof over your head and clothes on your back.
As life has a funny way of rewarding you with Bigger Trophies when you appreciate the smaller medals first!
A few other characteristics billionaire traders hone. Being courageous, staying loyal, and a hard worker in every walk of life.
As simple as they sound most people can’t do it long enough to see results.
Trading is bigger than money and ultimately an extension of YOU and your thoughts.
Thoughts become things and things become results! So, it only makes sense to work on the brain so you can achieve your goals.
So, drawing this to a close. You might ask yourself why are you showing us Hedge Fund Managers who manage money?
That’s it! They are managing MONEY! Very Big portfolios filled up with other peoples money (OPM) and this requires strict set of rules.
This is no different than YOU taking prop firms money (Investor’s) and managing it!
So it only makes sense to think EXACTLY like a hedge fund manager by adapting their mindset and eventually their trading skills so you can get the same results.
“If a man has walked the same journey you’re about to embark on, always ask him for directions when he is on his way back”.
Unknown
If you’re just getting started with Prop Firm Trading and want the EXACT Blueprint to running a Successful 6/7 figure portfolio. Check This Out
I hope you enjoyed this article let me know what you think below in the comment section.