50 Dollar Challenge
By:Rob
Date: Monday, 1 August 2005, 10:12 pm
Well, I've decide to stir the pot up abit, and have a little fun. Most of you will immediately start to laugh and think I've done 1 trade too many. But we'll see...lol The idea is simple, make 50 dollars a day trading (paper)- 5 cocoa ticks, 1 cent in corn, 2 ticks in bonds, doesn't matter...just make 50 bucks a day. Lets do a little simple math, 365 days in a year, subtract 104 days for weekends, another 12 days for holidays, say 10 days for december stuff, and another 10 trading days for vacations. Thats 229 days. IF, and thats a mighty big if, IF you can make 50 bucks a day, thats $11,450.00 in gains. Not a bad sum. Now suppose we all start with a paper trading account of 2,500 hundred bucks. If anyone can actually do it, that would be approx. a 360% return... enough that any investment bank in the world would gladly pay you any salary you asked for! We'll have to play on the honour system, and the prize is all glory! See how many days in a row you can go. No applying a larger-than-50 dollar win to the next day...gotta make 50 bucks everyday. Thats it for the rules...lol Any takers?
Rob

http://www.supportandresistance.com/cgi-bin/webbbs/webbbs_config.pl/read/5229