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Strategies & Market Trends : The Amateur Traders Corner

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To: Sharck who wrote (18975)4/30/2002 12:01:28 AM
From: Amit Ghate  Read Replies (2) of 19633
 
Just some food for thought regarding your claims:

Using a very conservative methodology here's what I see implied:

Say 200 net good calls every three months and no real downside on the losing calls: Message 17295565

So annualized 800 winning trades per year.

Been doing this consistently for five years Message 17361046 for a total of 4,000 trades.

Conservatively assume 2% gain per trade (note most posts point out instances of double digit wins). Since no risk, can parley these calls to compound them.

Assume a very moderate starting capitalization of $1,000. Then 1,000*1.02^4000 =$2.51E37

In comparison MSFT has a capitalization of $2.78E11 and the US GDP is $1.02E13.
biz.yahoo.com
bea.doc.gov

In light of these numbers it shouldn't surprise anyone that some doubt your claims and protests.

Best Regards,

Amit

PS In contrast to your allegations, my experience is that Tom Hua is as honest and forthright a poster as I have ever had the privilege to (virtually) know.
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