interesting - turn $3K into $1 million

StevieD

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trade it in a 401 or IRA or something so no taxes until you take it out.
 

MonsterNco

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Bought 33 shares of IBM at 91.05 cost 3,011 after fees. Will need to sell for 94.2 for first trade. If I own Ibm through Thursday I will get the dividend of 16.50. So that can count towards my first trades profit.

Got time might as well see what happens.
 

MadJack

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Bought 33 shares of IBM at 91.05 cost 3,011 after fees. Will need to sell for 94.2 for first trade. If I own Ibm through Thursday I will get the dividend of 16.50. So that can count towards my first trades profit.

Got time might as well see what happens.
good luck. i'm going to try this too but i can't find anything in this boring market today.
 

MadJack

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okay. trade #1

SNDK 300 shares at 10.30 = $3090

need to sell at $10.61

good luck!
 

MadJack

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i'm also going to put a 3% stop loss on these trades too.
 

smurphy

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by making only 3% per trade in 200 trades.

wuc.jpg

Jack - I gotta great pyramid sche...err investment that I believe YOU are perfect for. When would be a good time to discuss this once in a lifetime opportunity?
 

MadJack

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Jack - I gotta great pyramid sche...err investment that I believe YOU are perfect for. When would be a good time to discuss this once in a lifetime opportunity?
:rolleyes:

just screwing around with it and it's hard to get hurt playing 3% swings :shrug:

great market close today, huh? :nooo:
 

MadJack

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smurph,

i just found that chart yesterday. those guys have it documented that they started in October 2007 with $2000 and ran it up to $80,000 by May 2008 using that system. they are chart players. check out the link that Justin posted above.

on another note. i started 2 weeks ago knowing didley about the market. lost $1500 today but am still up $4805 in 2 weeks :shrug: making sure i have a stop loss and traling stop loss on the way up on the gainers. i'm happy even though today sucked :D

gonna follow these guys with the above system too.
 

MadJack

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and my losses today were with CMI and GE, both will recover me that back plus some ;)
 

smurphy

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smurph,

i just found that chart yesterday. those guys have it documented that they started in October 2007 with $2000 and ran it up to $80,000 by May 2008 using that system.

What happened to them after May?
 

MadJack

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What happened to them after May?
: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.
 

MadJack

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no, they had it yesterday or sooner. that's where i got it. i went in at 2.09
 

MadJack

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How are they determining their sell point? I see they made 8% on the 2 previous sales.

i don't know. maybe they ride it up with a trailing stop loss :shrug:

i just saw those posted charts and previous charts of trades just a little while ago.

i wasn't taking it seriously when i posted it but think i'll give it a try.
 
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