Taking 10K to 5M in 8 Years

[Bolimomo]

It takes "doubled every year" compounded 8 times with no drawdowns. Oops... that's only 2.5 million. Need to do a little better than doubled. Or make it "in 9 years"...

 

[guy990opl]

There used to be a difference between a financial journal and a circus. Not anymore.

 

[henry76]

Your right about it being a circus , if he trades more frequently than annually he can compound more frequently , if he trades weekly and can re-invest would take less than 8, so you wearing lipstick and a funny hat Bolimomo?

 

[No.Heat]

Quote from guy990opl:

There used to be a difference between a financial journal and a circus. Not anymore.

Funny and so true.

 

[FFM_Trader]

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Results for the week ending October 29, 2010
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Number of positive trades: 11
Number of negative trades: 1

Total P/L for the week: + €1,270.00

Account value (Actual): €12,035.50

Account value (Plan): €10,645.24

----------------------------------------------

 

[SkepticTrader]

Quote from FFM_Trader:

----------------------------------------------
Results for the week ending October 29, 2010
----------------------------------------------

Number of positive trades: 11
Number of negative trades: 1

Total P/L for the week: + €1,270.00

Account value (Actual): €12,035.50

Account value (Plan): €10,645.24

----------------------------------------------

You get the award for not posting real time trades and after the fact!! Anyone can post fabricated results. Are you even trading real money?

 

[HowardCohodas]

Quote from FFM_Trader:

This will take some time..

Start: October 6, 2010 (EUR 10,000)
End: December 31, 2018 (EUR 5,000,000)

Currently I am just trading the DAX, but that may change during the course of this project. Also, I am planning to switch over to trading futures contracts later, right now I am using CFDs.

If you slightly more than double your money every year and pay no taxes, you're good to go. Check my math.

 

[Now is Now]

Quote from FFM_Trader:

----------------------------------------------
Results for the week ending October 29, 2010
----------------------------------------------

Number of positive trades: 11
Number of negative trades: 1

Total P/L for the week: + €1,270.00

Account value (Actual): €12,035.50

Account value (Plan): €10,645.24

----------------------------------------------

Ok..ok...nice...follow the way of Neke....we need to see a broker account...it can only enhance your credibility or it can be reasonably assumed we are going to have to put up with 8-9 years of fantasy....and that is SICK...

NiN

 

[cstfx]

Quote from HowardCohodas:

If you slightly more than double your money every year and pay no taxes, you're good to go. Check my math.

He'd need to do ~120% (no taxes) a year to reach that goal.

 

[wiesman02]

I'm willing to bed this journal will last no more than 3 months.