Taking 103K to 1.2million by Year End 2008

[MandelbrotSet]

JUICY

 

[kxvid]

3 more up 52% weeks and you should pass your goal with 1.42 million. You've got 122k views on this thread, you should seriously start a subscription trading service. Anyhow good luck reaching your goal.

 

[WallStWhizKid]

Thanks for sharing. What a ride!!! Not guts no glory. You definitely have steel balls..

 

[lescor]

The market IS that insanely good right now. I just hope for your sake that the flip side of a +100k week isn't a -400k one. I am still shocked by the size of your bets relative to account size, especially with 500 point ranges every day.

Good luck in the last quarter.

 

[neke]

Quote from kxvid:

3 more up 52% weeks and you should pass your goal with 1.42 million.

Thanks. Does not happen everyweek though.

 

[Sheik]

Hi Neke

wowwwwwwww

AWESOME!!!!!

Congratulations

Keep it up

Good luck

 

[neke]

Quote from lescor:

I just hope for your sake that the flip side of a +100k week isn't a -400k one.

From my estimate, I think the flip side of a +52% week is a -30% week, which isn't bad as long as the +52 percenters outnumber the negative ones.

From my post, it is clear I suffered a major drawdown on Friday (100K or -20%) due to a wayward trade. I guess such trades help keep one on the sane path and not take things for granted.

 

[illiquid]

Dude, you put 25% of your account (100K worth) into ISRG puts the day of expiration after earnings? You are a wild man.

Congrats and keep it up!

 

[Port1385]

You did make one comment that I'd like to point out. The equity curve is starting to resemble that of the tech bubble. This curve could continue to rise or "Eiffel tower".

As always, my suggestion to you is to continue your withdrawls in the event of the tower effect on the chart.

Usually at this point in the game, the trader becomes very confident and starts to take on riskier trades. I think its better for a trader to take time off after a huge up move to cool down emotions and maintain realism.

Quote from neke:

From my estimate, I think the flip side of a +52% week is a -30% week, which isn't bad as long as the +52 percenters outnumber the negative ones.

From my post, it is clear I suffered a major drawdown on Friday (100K or -20%) due to a wayward trade. I guess such trades help keep one on the sane path and not take things for granted.

 

[neke]

Quote from illiquid:

Dude, you put 25% of your account (100K worth) into ISRG puts the day of expiration after earnings? You are a wild man.

Congrats and keep it up!

It was 20% (balance was about 500K before the ill-fated trade). Yes, it was wayward considering it was options expiration day and scarcely in the money at the time. I think the massive gains the days before caused me to lower my guard.