5k to 25k in 100 trading days.

Discussion in 'Journals' started by dude25, Jan 2, 2009.

  1. dude25

    dude25

    Yeah I noticed, but what can we do about them?:)
     
    #21     Jan 6, 2009
  2. Dude - a few suggestions, first, good luck. I have no idea what your background is but this will be an excellent learning experience.

    Zecco offers 10 free trades a month, might not get you 100% of the way there - but it'll get you almost there commission free.

    Second, have you looked at Leveraged Mutual Funds? They are usually NTF/NRF (no transaction fee, no redemption fee). Usually there is $2,500 minimum for initial purchase, but a little secret... buy $2,500 in then sell out all but one share and you can get back in with $100 minimum. LI Mutual Funds encourage market timing and are offered between 1-2.5% leverage, its another good way to get in & out without paying fees/commissions. Your only downside is no intra-day liquidity, but then again, if you trade things like the S&P, you just bet that it'll go up or down, get in and ride it out. If S&P is up 1%

    DXSLX/DXSSX or anonother less leveraged is profunds ULPIX/URPIX

    good luck again!
     
    #22     Jan 7, 2009
  3. dude25

    dude25

    Thanks a lot. I will definitely keep that in mind. Especially zecco sounds really interesting deal.

     
    #23     Jan 7, 2009
  4. dude25

    dude25

    trading day 2: + 384.98. Now I need to revise my calc again.

    So with 98 trades remaining in order to reach my goal I need to make at least 1.541%.
     
    #24     Jan 7, 2009
  5. lpchad

    lpchad

    Why so many thinking he can't do it with futures?
     
    #25     Jan 7, 2009
  6. I would encourage it - however I know nothing about futures so I'm not about to discuss something i know little/nothing about...
     
    #26     Jan 7, 2009
  7. dude25

    dude25

    I think they know that I have no clue on futures whatsoever. :)
     
    #27     Jan 7, 2009
  8. Pekelo

    Pekelo

    This journal is going to be abandoned in less than 3 weeks...

    just a guess...
     
    #28     Jan 7, 2009
  9. dude25

    dude25

    Lost 245. :(

    However, still above the target. :D

    Could be worse. Thinking about taking day off tomorrow.
     
    #29     Jan 8, 2009