I can't figure this out!
- Thread starter Amethyest
- Start date
- Apr 15, 2001
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compounding interest is nothing new, they already know about it and have been applying it :toast:
just needed to bold that word :0074
- Apr 15, 2001
- 4,135
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First of all Happy New Year everyone :toast:
Secondly for all those interested we start day #1 today
Thirdly IE let me know if I should start a new thread under mover's and shaker's
for the 10 day's the following is our target on a day to day basis starting with $100 that we are taking and saying let's just see what happens
Day #1 $105 $107.10
Day #2 $110.25
Day #3 $115.75
Day #4 $121.55
Day #5 $127.62
Day #6 $134.00
Day #7 $140.71
Day #8 $147.75
Day #9 $155.13
Day #10 $162.88
Secondly for all those interested we start day #1 today
Thirdly IE let me know if I should start a new thread under mover's and shaker's
for the 10 day's the following is our target on a day to day basis starting with $100 that we are taking and saying let's just see what happens
Goal Actual
Day #1 $105 $107.10
Day #2 $110.25
Day #3 $115.75
Day #4 $121.55
Day #5 $127.62
Day #6 $134.00
Day #7 $140.71
Day #8 $147.75
Day #9 $155.13
Day #10 $162.88
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- Apr 15, 2001
- 4,135
- 63
- 0
The market move's fast so keep your financial's open
we will be placing wager's on the hourly chart for the EUR/USD
our trades will be on whether the market goes higher "yes" or lower "No" than a certain point for the hour
when I trade normally i want higher volume to create more "pips" for our purpose we will be trading during a period of time when the volume is usually at it's lowest for the day
depending on the volume the previous hour, our trade will be between 1;00-1:05 or 2:00-2:05 or both :SIB
we will be placing wager's on the hourly chart for the EUR/USD
our trades will be on whether the market goes higher "yes" or lower "No" than a certain point for the hour
when I trade normally i want higher volume to create more "pips" for our purpose we will be trading during a period of time when the volume is usually at it's lowest for the day
depending on the volume the previous hour, our trade will be between 1;00-1:05 or 2:00-2:05 or both :SIB
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- Apr 15, 2001
- 4,135
- 63
- 0
I don't feel I should need to say this again,however...Little by little over time compounded creates lot's :toast:
- Apr 15, 2001
- 4,135
- 63
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I like ya Jord, this mentality though is what over time builds failure,looking forward to your next play as always :0008 :toast:
Maybe for most people! 
When you do win, you need to win BIG, otherwise you are a big loser in the long run.
I don't even know what the argument is really though, I was just responding to the other comment. Like obviously you lose way more times then you win 9x. That was my only point.
I know all about compounding interest. It's a little tougher with rates being manipulated down to all time lows and distorting the time preference of capital investment. Then your money is being inflated away, so the interest you do compound gets wiped away by the loss of real value - but that's a whole different story.
Good luck, bro!
Now, I have to go back and actually read this whole thread! Thanks!!
:toast:
When you do win, you need to win BIG, otherwise you are a big loser in the long run.I don't even know what the argument is really though, I was just responding to the other comment. Like obviously you lose way more times then you win 9x. That was my only point.
I know all about compounding interest. It's a little tougher with rates being manipulated down to all time lows and distorting the time preference of capital investment. Then your money is being inflated away, so the interest you do compound gets wiped away by the loss of real value - but that's a whole different story.
Good luck, bro!
Now, I have to go back and actually read this whole thread! Thanks!!
:toast:
Great article on compounding...
http://ww1.dowtheoryletters.com/dtlol.nsf/htmlmedia/body_rich_man__poor_man.html
More advice...
http://marketcruncher.com/2011/11/07/richard-russells-stock-market-investment-advice/
http://ww1.dowtheoryletters.com/dtlol.nsf/htmlmedia/body_rich_man__poor_man.html
More advice...
http://marketcruncher.com/2011/11/07/richard-russells-stock-market-investment-advice/
My bad YYZ, I browsed through the first time. I thought you were saying he loses that hundred far more times than he turns it into a thousand (which is obviously very obvious). Now, I realize you were saying he loses much more than the $100 those other times. My bad.
:toast:
:toast:
- Apr 15, 2001
- 4,135
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:00hour loved both articles :toast: I am not fully there, but for the last few years I feel I am taking a path leading me there, needless to say I need to fully master discipline and patience and compound the #$@ out of it :toast:
I am always trying to learn more :0074
