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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!!

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To: Mike McFarland who wrote (1031)3/25/1998 11:31:00 PM
From: Marq Spencer  Read Replies (2) of 1100
 
Mike,
I've all along viewed this as a challenge not to make $1000 a week on $5000, but to take $5000 and increase it to $57,000 in 52 weeks. That is a compounded growth of 5% per week - not at all easy to do. I've done only options, with predefined targets and have only made trades about once a week. Most of my options are for "large-cap techs". There was a period when I was running low (I'd written one set of options that had appreciated in value), however I've never risked more than $2500 at a time. If anyone is interested in my trades, let me know (I actually got in the contest mid-Jan).

- Brian.
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