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  #152 (permalink)   Spam Kill
Old 01-11-2007, 07:26 PM
TNTrader TNTrader is offline
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Quote:
Originally Posted by proclivity
we all want to be green by EOD, but tripling by holding for a day. How sweet would that be. The only problem with this is that no one is going all in when they have a total of $10k from said "experiment" thus far. Seems like an accelerating deceleration of funds multiplying. This doesn't mean we won't get to say $50k, but then again it is only ten percent and there are at least 5 stocks on this board daily that run 10% and are liquid enough to get in and get out.

At $100k, putting up $1k for a stock would require that you hit ten baggers to sustain the 10% increase from $100k. An absolutely ludacris to think someone would, or even could do that. Putting up $10k, "only" a double bagger is needed. All $100k, .....well, you get the idea.

Lets put our heads together and think of something for an excel equation that would let us keep a certain "percentage" of our account value non-trading cash as we increase our capital. We can also increase our percentage non-trading capital as our account grows hypothetically grows to 100k, 150k, 250k etc.

Ideas?


If i do very well, when i finally start this, like 100%+....i think i will take the rest of the week off. I'd be to excited and i'd probably screw something up.

At $10k plus per trade I would suggest basket trading(if your service supports it) or ETF's. Sector biased and regional ETF's can give you 3 and 4% swings and were only shooting for 10% a week so moving only twice gets you 6% to 8% with little risk. The balance can be gotten from options or large caps with minimal risk. Keeping a small percentage at work in the pennies will also help maintain the goal with a relatively small amount of capital at the higher risk.

Good Luck
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