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Home Question
By:Erich (vendor, CTA)
Date: Monday, 20 December 2004, 8:30 pm

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.

Messages In This Thread

Home Question
Erich (vendor, CTA) -- Monday, 20 December 2004, 8:30 pm
Re: Home Question
Shannon -- Wednesday, 22 December 2004, 2:14 pm
Re: Home Question
Spike -- Wednesday, 22 December 2004, 2:33 pm
Re: Home Question
Erich (vendor, CTA) -- Wednesday, 22 December 2004, 3:09 pm
Re: Home Question
Schmack -- Monday, 27 December 2004, 10:47 am
Re: Home Question
Dino Dave -- Monday, 27 December 2004, 12:41 pm
Re: Home Question
Jack-7 -- Monday, 27 December 2004, 3:48 pm
bond position trading
dave -- Thursday, 30 December 2004, 10:46 am
Re: bond position trading
Tom Loge' -- Thursday, 30 December 2004, 6:17 pm