Troops, read this. I mentioned at $63000 you are four trades away from having a million bucks. Four doubles. We talked about that this weekend. Hard to do, yes, BUT IT CAN BE DONE. Recall that I said I put that goal on my wall years ago. A goal.
Consider the three option positions that I have mentioned on here that I trade in/out of and look at what they have done in only 17 trading days. CREE CQRID, doubled twice, up 4 times. JDSU UCQIS doubled twice, up greater than 4 times. SDLI QJVIJ more than doubled twice, up 6 times.
My notion of taking $6300 and making it $100,000 in four trades by doubling each time or $63000 and turning it into a million bucks (however you want to look at it) can be done. Risky, yes. But, it can be done if you are willing to risk that amount going up.
Three separate positions have already achieved their own doubles twice, in 17 trading days. Two doubles to go on each to achieve the goal...... think about it..... Whether I take those profits in each now and hunt my remaining two doubles in each elsewhere, or just let those positions sit... don't know. I may not even elect to shoot for a double. I am using this as an illustration of what can be done if you can assume the risk.
This is hard to do, yes, but my point is to set aggressive goals, get debt free where you can assume greater risk, and go for it! It is an interesting and motivating notion to think you are "just four trades away".
RR |
