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1. how many participants would be involved? Looking for someone else, 1. 2. In the proposed period, how late in the period could a person enter with his initial capital of 10,000. No late entries. 3. how many traders could one person be allowed to bank roll? 1 4. if a person...

Don't you plan to have kids and send them to public school etc one day? For that and for many other reasons, I think taxes are healty for a society, a necessary evil.

Looks like you are not giving away too much!!! and thus I just can't understand why you wouldn't trade the whole day. Anyway, I think you should strive to have a much bigger one day gain and if that takes trading the whole day, then so be it. I think the UPSIDE is there for you to trade...

Appreciate everyones' concerns. I am a firm believer in shooting for the biggest and the best star way way up there, rather than just for the stars. I want to be on CNBC's Top 30 traders under 30 before I turn 31. Competition is always good. The first time I broke 70 on the golf course...

Don, Where do I sign up? I too want to be on that list one day.

dropped 30 and headed down. Somebody got hurt on that pretty bad.

Holy smokes...

GOOD POINT!!! So, the competition is off. I think I should have a competion within myself. I think I should trade as though I am in a competion and my goal should be to turn a $10,000 dollar account into a $100,000 account in 6 months. Can it be done?? is it possible for a n00b?? lol...

:( I have an edge. At the end of my senior year in college, I was inching toward either going to a law school or being a trader Had I went to law school, it would've been ~$30K per year for 3 years. And thats the same time period that I would give myself for me to be successful at...

So nobody can sell this thing if they don't own it?

wow... just like that $120 (will in 2 secs)

wow... 110

Someone would've shorted a "Chinese" "Search Engine" company?

But look at the upside. I could turn 10K into 100K and also have 10K more, for a total of 110K. :D

"2) Post your account statements at the end of the day." This is having to post statments 220 times. That is why I said $22 a day is not worth the hassle. What about paying a neutral party to log into the trading accounts, DL and post the daily results? Do you have a lawyers opinion...

Yeah, 1 year is a bit too long. Six months would be optimal. 6 months would also leave the room for the loser to ask for a rematch etc. Thus, 6 months it is. Duration: January 1, 2006 to June 30, 2006

Need a uniform instrument and that in this case is YM. 1 year is just right, means you have to trade through all kinds of swings, ebbs and flows of one year cycle. Then again, anyone can bet big and run an account up, but to be able to grind it out and survive for a bit longer than that...

5K / 2 days = $ 2,500 per day. Trust me, if somebody is to blow out, it will happen in the very first week. Or else, the incentive is to make a lot more money that what you will end up making. Thus, I promise that no one will blow after they survive the 1st week.

awesome..... the day is young yet :D