just a thought or 2
if she starts with 18000 the first month and in fact did make 1000/day, assuming 20 trading days per month...her first month she makes 100pct+, the account goes to say 38000.
the 2nd month if she earns a 1000/day she earns another 20000 for the month, her pctg has declined to 20k/38k. 52pct return.
the third month the same, would bump the acct to 58k. the return , 20/58k, 34.48 pct.
by the 4th month the return would be 20/78k or 25.64pct
if the daily return remains in constant dollars or avg dollars as you've stated, gradually a diminishing return is in effect. to compound you need a constant monthly return in terms of pctg, not dollars, don't you?
i don't think he made a pctg claim did he?
in any case, i've watched him trade for several months now and he does very well in several styles from what i've seen, whether its a get in get out news play or swing type trade. he has no intention of sitting in a stock chat room all day to lose money for himself or others. i'm not a follower by any means, just been observing mostly.
when i pit my methods along with his and they agree, i'll be more apt to take such trades in the future. a big part of trading with someone is to understand whether their style fits yours. i have great respect for his efforts. imo, he's not the type of guy to take swings at on an integrity level.
milesov |
