interesting - turn $3K into $1 million

smurphy

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:shrug:

good question...hell if i know. maybe they hit their goal?

they started a new one a few weeks ago and are on their 3rd trade.

It's kinda convenient that the months that would have destroyed and stalled their plan are magically excluded and now they are starting over again.
 

MadJack

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It's kinda convenient that the months that would have destroyed and stalled their plan are magically excluded and now they are starting over again.

lol, i'll ask them and find out for you. i'm curious anyway.
 

MadJack

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the reply

I ended up running some soccer camps in the summer and took much of my money out to put into my basement. I had some money on the sidelines and in pennies. We stopped tracking it and I wanted to celebrate our 1st anniversary by starting a new model portfolio. At the high I had over 100,000 and then I gave back about a third of that on pennies and took a bunch out for my basement. Ready to move up the progress tracker with us?

Welcome to the campus!

Be sure to read the ibox, sign up for the email alerts, and add the board to your favorites.
 

MadJack

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okay. trade #1

SNDK 300 shares at 10.30 = $3090

need to sell at $10.61

good luck!

looks like my 1st trade will sell off at the opening with my stop loss :mj07:

good thing it's only around 100 bucks :SIB
 

smurphy

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It might be tough to get the 1st successful trade accomplished. There is always the double up method in blackjack. That's usually a winner.;)
 

BleedDodgerBlue

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looks like my 1st trade will sell off at the opening with my stop loss :mj07:

good thing it's only around 100 bucks :SIB


You are going about this all WRONG!!!


$3090 for the Ravens at +2400 to win the superbowl pays $74,160. Less than a 3 month investment. Proability of 90% +. Tell them to take the chart and shove it up their azz..


NO TRANSACTION FEES


gl
 

layinwood

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:0corn I've decided this looks fun so I've decided to start a separate Forex account from my normal one. I'm only going to use 500 to start it. It will take me somewhere around 259 trades(can't remember what my excel sheet has on it).

I'll go for 9 pips a trade and that will always be the 3%. This is fairly conservative for my trading style so I'll be interested to see how it goes. I'm going to use my scalping method to do this so I'll making anywhere from 0-20 trades per day. If I have a loser I will basically take a time out from counting until I get back to my number. I've debated on exactly how I should do all of this. I thought about going for 4% per trade or 12 pips and bagging the extra 3 each time to save for bad trades. I just don't know how many would turn in to losers after they reach 9 but not 12. I'll start either Weds or Thurs.
 

vinnie

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Here
th_Broke.gif
 

SPK

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Jack or any others using this trade program... what online broker do you use? I have Fidelity for 401k and checking but I think Fidelity fees are high for trading everyday.....:shrug:
 

MadJack

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Jack or any others using this trade program... what online broker do you use? I have Fidelity for 401k and checking but I think Fidelity fees are high for trading everyday.....:shrug:

i use ameritrade
 

MadJack

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How is the first trade coming along?

i pulled out completely last week when the market went back to shitting the bed.

waiting for things to get normal again so may never get back in :shrug:
 

vinnie

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i pulled out completely last week when the market went back to shitting the bed.

waiting for things to get normal again so may never get back in :shrug:

you can still play the rules just changed a bit :shrug:
 
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