For those of you who didn't get the homework question here it is:
As you might know, I’m a stickler for planning. Naturally not all my plans work out as they are supposed to, but the fact that I have taken the time to plan greatly improves my chances of success. Many traders want to be able to make a lot of money with their trading, yet very few (if any) have ever developed a plan to do so. So here’s your chance.
Question: If you are a trader beginning January 1, 2005 with a $10,000 account, and you wanted your account balance to be $100,000 at the end of next year, how would you accomplish that?
HINT: It will be more realistic if you figure your results on 10 or 11 months instead of 12.
Erich
http://www.tradershelpingtraders.net
http://www.supportandresistance.com
PS. You want to move your trading results from the realm of "wishing" to reality? Then take the time to figure out how you are going to do it! I can't emphasize this point enough. Something very important happens when you take the time to make a plan.