The treacherous path to $200k a year
- Thread starter coolweb
- Start date
PLAN #2
Monthly: 5% capital elevation
Capital allocation: $60k per trading position , $30k per investing position.
What do I need to achieve this 5% profit after taking in stop commissions.
Assuming I take 2 tests averaged per trade.
That is 0.20% per trade * 2 = 0.40%
I have 5 positions which take 10 trades .
10 trades * 0.40% = 4%
Assuming EAch of the 4 (4 out of 5) positions produce a 3% average profit
12% - 4% = 8%
Not too shabby.
Monthly: 5% capital elevation
Capital allocation: $60k per trading position , $30k per investing position.
What do I need to achieve this 5% profit after taking in stop commissions.
Assuming I take 2 tests averaged per trade.
That is 0.20% per trade * 2 = 0.40%
I have 5 positions which take 10 trades .
10 trades * 0.40% = 4%
Assuming EAch of the 4 (4 out of 5) positions produce a 3% average profit
12% - 4% = 8%
Not too shabby.
Its the opposite of a tarpit...didn't you know that!
Quote from Bitstream:
What's a stop lost?
Bitstream,
When you step out of your mommas basement and made your first $50k in life then think about talking to big poppa ok?
I will school you right now Son, You are a person who misses the forest for the trees just like all the other grandma nitpickers.
Next time When I say STOP LOST you say , COOLWEB SCHOOLED ME, got it?
Silly kids.
When you step out of your mommas basement and made your first $50k in life then think about talking to big poppa ok?
I will school you right now Son, You are a person who misses the forest for the trees just like all the other grandma nitpickers.
Next time When I say STOP LOST you say , COOLWEB SCHOOLED ME, got it?
Silly kids.
The way you answer shows just how much immature and retarded you really are and your journal is as useless as a pre-nupt agreement written on a dirty napkin.
Only a child can pick on others mothers and you better thank god you are on the net and not in front of me because if I come to know who you are I am gonna rip you apart with my naked hands: my mother has died of a tumor few years back and if you had some decency you would avoid mentioning her in your replies...but I guess that's just about the only thing you can do after someone expose for the fraud you are. You reacted the way a fake reacts.
Adieu ( and this time it is for real )
In am not gonna lose my time following the crap an abort like you is writing anymore, nevermind answering to it.
Our "fellow friend" presents a compelling case. Who are we to argue?
To make extraordinary money, one has to seperate himself from the general sheep.
I would like to do the following:
a) I'd like to trade but not that often, why? I don't like trading, I like making money.
b) I'd like to invest and keep on investing, why? I don't like trading I like making money, not just any type of money Extraorindary money.
While the clueless have no idea what the f I'm talking about, Its easy to see, I do not want to sit here 24/7 hitting on keys trying to make money.
I have money, I want to 2x, 3x, 4x it while doing very little.
Some people may think thats impossible, maybe because they are too close minded which is why they are still in their position,
Money is not made through hard work, Its made through innovative thinking, work is relative.
I would like to do the following:
a) I'd like to trade but not that often, why? I don't like trading, I like making money.
b) I'd like to invest and keep on investing, why? I don't like trading I like making money, not just any type of money Extraorindary money.
While the clueless have no idea what the f I'm talking about, Its easy to see, I do not want to sit here 24/7 hitting on keys trying to make money.
I have money, I want to 2x, 3x, 4x it while doing very little.
Some people may think thats impossible, maybe because they are too close minded which is why they are still in their position,
Money is not made through hard work, Its made through innovative thinking, work is relative.