Taking $5K to $250K by year end

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Quote from allenhobbs:

...The first year was spent learning--and losing. Second year was profitable with good equity growth curve month by month...
What kind of percentage return did you generate in your second year before deciding on this 5K-to-250K undertaking?
 
Quote from Optionpro007:

Allen, what's your average hold time?

Good luck.

Haven't calculated that, but 10 minutes is my max IF I havent taken a point out of it (on a position trade).
 
Quote from allenhobbs:

17%
Going from an annual return of 17% to almost 5,000% is a bit of a stretch, wouldn't you say? In any event, you had already acknowledged that the objective is not particularly realistic, so we agree on that. But I do wish you the best of luck. Enjoy the game. :)
 
Quote from Thunderdog:

Going from an annual return of 17% to almost 5,000% is a bit of a stretch, wouldn't you say? In any event, you had already acknowledged that the objective is not particularly realistic, so we agree on that. But I do wish you the best of luck. Enjoy the game. :)

Thanks for the best wishes. Not doubt going from 17% to what I'm trying to do here is a stretch to say the least, but the progression in my trading setups and knowledge hasn't really been linear.
 
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