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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: IEarnedIt who wrote (31386)4/20/1999 1:03:00 PM
From: J.Y. Wang  Read Replies (1) of 122087
 
Agreed. We are all too greedy sometimes and go for that big kill. We also don't limit our losses well enough. That has been my problem.

If you start with $100,000 and make just 1/2 of 1% a day ($500 to start) on average, compounded on a daily basis you will have $340,000 at the end of the year. At 1% a day, you will have $1,200,000 at the end of the year.

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