Taking 10K to 5M in 8 Years

Discussion in 'Journals' started by FFM_Trader, Oct 30, 2010.

  1. It takes "doubled every year" compounded 8 times with no drawdowns. Oops... that's only 2.5 million. Need to do a little better than doubled. Or make it "in 9 years"...
     
    #11     Oct 31, 2010
  2. There used to be a difference between a financial journal and a circus. Not anymore.
     
    #12     Oct 31, 2010
  3. henry76

    henry76

    Your right about it being a circus , if he trades more frequently than annually he can compound more frequently , if he trades weekly and can re-invest would take less than 8, so you wearing lipstick and a funny hat Bolimomo?
     
    #13     Oct 31, 2010
  4. No.Heat

    No.Heat

    Funny and so true.
     
    #14     Oct 31, 2010
  5. FFM_Trader

    FFM_Trader Guest

    ----------------------------------------------
    Results for the week ending October 29, 2010
    ----------------------------------------------

    Number of positive trades: 11
    Number of negative trades: 1

    Total P/L for the week: + €1,270.00

    Account value (Actual): €12,035.50

    Account value (Plan): €10,645.24

    ----------------------------------------------
     
    #15     Oct 31, 2010

  6. You get the award for not posting real time trades and after the fact!! Anyone can post fabricated results. Are you even trading real money?
     
    #16     Oct 31, 2010
  7. If you slightly more than double your money every year and pay no taxes, you're good to go. Check my math.
     
    #17     Oct 31, 2010
  8. Ok..ok...nice...follow the way of Neke....we need to see a broker account...it can only enhance your credibility or it can be reasonably assumed we are going to have to put up with 8-9 years of fantasy....and that is SICK...

    NiN
     
    #18     Oct 31, 2010
  9. cstfx

    cstfx

    He'd need to do ~120% (no taxes) a year to reach that goal.
     
    #19     Oct 31, 2010
  10. I'm willing to bed this journal will last no more than 3 months.
     
    #20     Nov 1, 2010