Hmmm. Starting with 100k loss on CIT bonds.
taking 4 million to 1 million by year end
- Thread starter bestfriend
- Start date
i am not so sure you'll be able to lose as much during the year, that is, 75% loss is very difficult unless of course you are day trader. :eek:
but i am inclined to say a 50% loss per annum is very doable provided you follow the rules and suggestions of most of the senior members here on ET.
Good luck man, I'm rooting against you.
I have a secret system that would allow you to achieve your goal with almost no effort. But it's so valuable I'm going to have to keep it to myself.
I have a secret system that would allow you to achieve your goal with almost no effort. But it's so valuable I'm going to have to keep it to myself.
This is like saying the best way to go from $5K to $25K in one year is to get a job. It may be true but it's not in the spirit of things.
Secret:
Words have leaked from CNBC that the 5 million dollar contest has a prize on the low end.
On the high end, you have 1 million dollar prizes if 5 million dollar portfolio increases the most.
On the low end, you have 100,000 dollar prices if you lose the most on your 5 million dollar accounts.
I am trying to win the low end prizes. I have already won the weekly prize on the low end (never publicized, only winner knows): a book titled Trading in the Basement, written by a former day trader and ET resident poster named Tradernik
Words have leaked from CNBC that the 5 million dollar contest has a prize on the low end.
On the high end, you have 1 million dollar prizes if 5 million dollar portfolio increases the most.
On the low end, you have 100,000 dollar prices if you lose the most on your 5 million dollar accounts.
I am trying to win the low end prizes. I have already won the weekly prize on the low end (never publicized, only winner knows): a book titled Trading in the Basement, written by a former day trader and ET resident poster named Tradernik