SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ who wrote (680)7/14/1999 9:35:00 PM
From: Sergio H  Read Replies (2) | Respond to of 1316
 
Susie, I hope other participants offer their trading philosophy.

Sergio



To: SusieQ who wrote (680)7/14/1999 9:53:00 PM
From: James Strauss  Respond to of 1316
 
Susie:

If you're trading you have a short term horizon... You should think of taking profits anywhere north of 10%... If you can make 10% on ten consecutive trades of $1000 you'd have:

Start: $1000
Trade 1. $1100
Trade 2. $1210
Trade 3. $1331
Trade 4. $1464
Trade 5. $1611
Trade 6. $1772
Trade 7. $1949
Trade 8. $2144
Trade 9. $2358
Trade 10. $2594
Trade 20. $6727
Trade 30 $17449
Trade 40 $45259
Trade 50 $117391

Just trading once a week for 10% gains can turn $1000 into more than $100,000

Jim