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my plan is to compound this $500 at minimum 10% per week =1000000$
yah... easy dude you have to understand alots things like: 1- Elliott Wave Basic Tutorial strategy 2- fibonacci Basic Tutorial strategy 3- gann Basic Tutorial strategy 4- nuclear compressed b52 strategy http://www.marketmillionaires.com/ho...-strategy.html Buy blood pressure online the_nutsb52
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I think this is a great idea. I am excited about reading the post and participating. I have Gary's CD and learning everyday. I wish I had bought the CD before I started trading though. I started out and turned $1100 into $501. At first, I did terrible with the cd I hope to go positive again soon. I made so stupid mistakes to start off with. I am learing the correct way now.
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I would like to sound very smart right now but the truth is I have no clue what you are asking........lol. If you turn 500.00 into 1000.00 and then lose 50% on the next trade you are back to square one @ 500.00. I don't think Orange or anyone else is expecting to turn 500.00 into 1,000,000.00 but it gives us something else to keep us going. I will consider it a good year if I turn 500.00 into 1000.00. Thats better than any bank offers.
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TDCP...Our Day Is Coming And Its Coming Soon |
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I want Ricky Bobby stocks, you know, ones that go fast! And if you ain't first, your last. Now, let's go out there and piss excelence. Shake and Bake! |
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Happy New Year Orange,
I have been away for a while. The consistent 10% a week is an excellent approach. That was exactly my plan for 2007. Most successful investor say that consistency & persistance are far more important that the rate of the return. Also the 10% is a far more realistic return on the play than the +100% that most of us dream of & lose our hard earned dollars in search for it. I wasn't surprised to see you adopting this idea. Since you talked about "modelling" I see that you generally think the same way I do. You seem to have a mathematical/systematic approach. I admit I had exactly the same concern you wrote about mm's messing it up if the plays are announced in advance. Of course I do expect to change my strategies as I go & as my capital grows. I will share some of my own rules to maximize my chances of success. 1. Stay away from Pink Sheet stocks; I hate to bid on a stock "blindly" not knowing the bids & asks out there. 2. Stay away from sub-penny stocks. I find that the lower the price, the higher the manipulation. 3. Set a minimum daily average $$ flow (stock price X volume) to make sure that I can sell when I decide to do so. 4. Someone was talking about the taxes. Here is an idea. Play it in a tax-sheltered plan. Can you imagin if you have $1Million there in a year; you could possibly retire then or shortly after. However, limit the game to your $500 & its returns, i.e. don't gamble with your retirement $$. Orange, I take off my hate for you. Good luck & all the best for 2007 & the years to come. Soliman |
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Im going to open up another account this week at lowtrades and then Ill start up my experiment after that...I like the sounds of $5 commish for this experiment...
...hey orange, how well does lowtrades execute trades...? timely fashion?
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Skiing is your brain....Snowboarding is your brain on drugs. Just because I'm a mod doesn't mean I'm a stock geni........yet.
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and glad to see you taking off your "hate" for me LOL- i'm guessing you meant "hat"... agree with what you're saying- i'm planning to run only otcbb (with L2) or higher. this is going to be fun and educational with so many players- hope you join in!Quote:
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. |
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here are the random fees, Grizz. I was thinking about opening an account with them too. I don't know if they charge more for sub-dollar stocks like scottrade does ($7 plus 1/2 of %1 of prinicipal......DAMN THE MAN.) Fee Description/Amount" Check Request FREE ACH Request FREE Incoming Account Transfer FREE Out-going Account Transfer $50.00 DTC Delivery (per request) $25.00 Wire Out Funds: Domestic $25.00 Wire Out Funds: International $50.00 Certificate Deposit (per certificate) $50.00 Checks / ACH Returned as uncollectible/insufficient funds $50.00 Issue Stock Certificate (per certificate) (plus any direct costs) $75.00 Inactivity Fee* (charged semi-annually) $50.00 Letter of Authorization Transfer $10.00 Overnight Delivery $25.00 Overnight Delivery (Saturday) $35.00 Pre-pay Fee (plus interest) $20.00 Records Research (per hour, � hour minimum) $100.00 Regulation T Extension (per extension) $10.00 Rule 144 Filing (+direct costs) $200.00 Sell-out / Buy-in Notices $25.00 Safe KeepingCharge (per quarter) $15.00
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In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. - Harold S. Geneen |
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many gauntlets thrown down and yours the latest. looking forward to learning your methods. donnybrook time! just 32 hrs and 4 mins to post time... ![]()
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. |
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I am a new member and following you masters with great interest. May I add a request, that in your reporting format you also add the dates of entry and exit? Of course I am assuming that your date of exit will be less than =toda(). this will be very helpful. something like this: first trade: $1k GTHA @ .03 (01-Dec-06) and sold @ .0375 (06-Dec-06) new balance: $1224 (22.4%+) thanks chanakya |
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10%
From my calculation, if you can make 10% per month, you are going to have 4 trillion after 20 years, that's a big number.
Think about that. My suggestion is a smaller number is more lealistic and reachable. |
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. |
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proclivity-- no special charges on pinks etc- all is $5 as far as i know. EDIT: grizz, you can get around the "no AON" problem by not using the trading desk for buys- just use the regular interface.
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___________________________________________ [SIZE=2"No more riddles."[/size] ___________________________________________ get the cd. it's how money gets made. Last edited by orange : 01-02-2007 at 06:02 PM. |
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