Taking 410K to 4million by Year End 2010

and if he had just bought and held the previous year? Easy to pick an outlier year. Do you really think the dow will continue to go up 26% every year? Hindsight is always 20/20

 

Neke, if I remember correctly, dont you work part time?. If that's the case, at what point did you plan on going full time?

 

Neke, do you have the typical 4:1 intraday buying power, and 2:1 overnight buying power?

Also, what percentage of your buying power do you typically use every day?

Thanks,

+-*/ Math_Wiz

 

Good luck, you can do it!!

 

Yes I do have a regular job still. My boss has already asked me if I was a day-trader! I told him, No, but I manage my own investments. If it becomes a problem, I will have to give up the regular job.

 

Yes, 4:1 intra-day, 2:1 overnight. Typically I do not use all, I haven't computed the figure, but probably at any point in the trading day, I have used half of my buying power on average.

 

Thanks.

Good luck with your goal. Nearly 5% per week continuously? Wow. That's lofty and exciting.
It will take alot of self-discipline and excellent money-management to achieve that. Good luck.

+-*/ Math_Wiz

 

Will be following, looked through last journal, do you use much T/A in your trading?

 

DENY...DENY....DENY

CHEERS
JOHN

 

Neke what would make him ask that?

For the record, I just put on a large NEKE Dec 2,000,000 call position. I apologize for betting short of your goal, but I need to honor my risk management rules