Taking $5K to $250K by year end

[bakrob99]

Allen - Have you found the move from 2 to 3 contracts has had any impact on your trading ?

 

[allenhobbs]

Quote from bakrob99:

Allen - Have you found the move from 2 to 3 contracts has had any impact on your trading ?

No.

 

[allenhobbs]

Finally done for the day. These stutter step moves take a lot of patience. Results for today and the week will be posted tomorrow morning after receipt from the broker. Enjoy the weekend and thanks for following the Journal.

 

[Bigpipn]

While I have some skeptical opinions about your true identity, that does not distort the fact that if you accomplish your goal I will give credit where credit is due.

Good luck.

 

[allenhobbs]

Contract size will reamin at 3 until the account reaches $11,000 whereupon it will go to 4.

 

[allenhobbs]

Quote from Bigpipn:

While I have some skeptical opinions about your true identity, that does not distort the fact that if you accomplish your goal I will give credit where credit is due.

Good luck.

Thanks for visiting the Journal.

 

[allenhobbs]

Results: 3/28/08

 

[allenhobbs]

Week 4 Summary:

Total trades: 49
Contracts per trade: 3
Points won/(lost): 12.50
Profit/(Loss): $1,254.

Beginning account balance: $5,000.
Ending account balance: $9,480.

% Increase (decrease) 89.60

Comment: I overtraded this week.

 

[jaronimo]

Quote from allenhobbs:

Week 4 Summary:
Beginning account balance: $5,000.
Ending account balance: $9,480.

% Increase (decrease) 89.60

89% increase in 4 weeks? Thats it? Whats the problem, only working half days?

Just kidding, that return is excellent. Keep it up!

 

[moondog]

good luck