Taking $5K to $250K by year end

Discussion in 'Journals' started by allenhobbs, Mar 2, 2008.

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  1. long 24.50
     
    #31     Mar 3, 2008
  2. s/o -1.25

    bought 22.75, flat @ entry
     
    #32     Mar 3, 2008
  3. What kind of percentage return did you generate in your second year before deciding on this 5K-to-250K undertaking?
     
    #33     Mar 3, 2008
  4. short 4.75, cov 3.25 +1,5
     
    #34     Mar 3, 2008
  5. 17%
     
    #35     Mar 3, 2008
  6. Allen, what's your average hold time?

    Good luck.
     
    #36     Mar 3, 2008
  7. Haven't calculated that, but 10 minutes is my max IF I havent taken a point out of it (on a position trade).
     
    #37     Mar 3, 2008
  8. long 29.50 out +1 and done for the day!

    Net b4 commission +2.25 points
     
    #38     Mar 3, 2008
  9. Going from an annual return of 17% to almost 5,000% is a bit of a stretch, wouldn't you say? In any event, you had already acknowledged that the objective is not particularly realistic, so we agree on that. But I do wish you the best of luck. Enjoy the game. :)
     
    #39     Mar 3, 2008
  10. Thanks for the best wishes. Not doubt going from 17% to what I'm trying to do here is a stretch to say the least, but the progression in my trading setups and knowledge hasn't really been linear.
     
    #40     Mar 3, 2008
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