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Thank you for your proposal and step by step analysis. I will further study it in detail. I should consider your multi-market suggestion, maybe added EURO too? because it is of a different sector.

someone suggests I should read Ryan Jones http://www.invest-store.com/cgi-bin/elitetrader-bin/moreinfo.cgi?item=10351 I looked at the table of contents. It looks like this is exactly what I need.

Steve: Thanks for pointing that out. I have reworked the numbers. Do they make sense? Starting capital: $50k I will use up to 55% of the capital for margin. Assume ES daytrading margin at $2k, i.e. I can trade 13 contracts on day 1. I have lowered the profit target from 5 points...

He's definitely got something. I am doing a crash course in speed reading to go through his stuff.

say, if I trade ES only: ES value is $50 per point. If I were to make $1mill in ES, I would have to earn 20,000 points. divide that into 60 trading days, it comes out to 333 points per day. The average range for ES in the last 20 days is 11.61 points. (say, round that to 10 points.)...

Zanger puts his money where his mouth is. He holds the unofficial record in trading stocks by turning $11,000 into more than $18 million in 18 months in 1999-2000. He grew that to an incredible $42 million in less than two years and has the tax receipts to prove it...

I guess you haven't seen Maestro's system http://www.elitetrader.com/vb/showthread.php?s=&postid=720369#post720369 <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=720369">

try the coach's book http://www.elitetrader.com/bo/index.cfm?action=view&B_ID=102&CatID=4

My goal takes more time and more capital than yours, I believe it is realistic and achieveable; that's why your thread is in Chit Chat.

Been there, done that. Thank you.

Thanks for pointing that out. That means I have to make $17,000 per day on an arithmatic basis. or, to compound it, I have to obtain a daily return of 5.2%.

Yes, I am doing that already. I am bored. I need a challenge.

If I work on weekly basis: Starting with $50,000, I will need a weekly compunding return of 30% :confused:

If I break it down to daily figure: rounding up 3 months to 100 days: $1,000,000 in 100 days equals to $10,000 per day. :eek:

I want to make $1,000,000 in 3 Months (say, with a starting capital of $50,000) I have no idea how to achieve this. Maybe your input can help. You can tell me I am crazy. All inputs are welcome and taken seriously (but not personally). I have been feeling lazy, trading aimlessly...

one of the capacitor is no good. a honest shop won't charge you too much. any TV/radio repair shop can do this for you, but a computer shop will only change the motherboard, which is expensive. but then, nobody wants to do repairs anymore.

just because SunTzu said so, and you declare him WRONG?

thank you DRT for sharing your thoughts. I say Amen! for those who are ready for NH's Think and Grow Rich, you can download a free copy here. (I prefer the store bought copy though. The paperback is easier to carry.) http://www.directyourmind.com/think-and-grow-rich.html

be careful of Yahoo Messenger. I noticed it often takes up all the CPU time and causes everything else to stand still. Has this happened to you too?

there is also a video on youtube.