
01-03-2007, 08:39 AM
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Originally Posted by TNTrader
It is my understanding that this is an excercise in trading discipline,not a mathematics test. The object appears to be the establishment of good trading habits and risk management. I see no value in attempting to pick apart the premise of what should be a Trading 101 level practice primer.
Good Luck
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TNT, if in fact your post was directed at me, I'm not attempting to pick apart the strategies at all. However, if this is "Trading 101" and the goal is to get a million dollars over 52 weeks or less, then one should understand that taxes and commission fees need to be included in your results. Those are two big chunks that are a reality when trying to achieve a goal. It's not my style to pick apart a post. I'm sure Orange may have figured all of that, but there are many more amateur investors that maybe haven't. In order to encourage "good trading habits and risk management" as you said, I think people need to realize that if they haven't. In addition, if your talking risk management, though I like the goal, I think the risk is way too high.
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