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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?


To: Double Dipper who wrote (232)1/11/1998 10:58:00 PM
From: Cents  Read Replies (2) | Respond to of 1100
 
Thanks Kevin...I can handle probably 10 or 20 participants...I don't want to put a limit on either as I think this experiment will succede even if the actual money targets are not reached in that we will all get a rare insight into a variety of trading methods used by a variety of traders. Education to the positive can only be good! It may actually not get too bad though because each week the percentage needed to start would be harder to reach as the ultimate goal is actually a $47000 profit based on a $5000 initial investment. The target total equity in this second week is already $7000. Any new entrants will still start with the initial $5000 regardless of the entry point. If it gets too much to handle then maybe some of us can split up the accounting while staying in the standard format. It shouldn't be too bad as long as everyone posts their buys within the scope of their actual cash buying power so I won't have to prorate the buys. I'm glad to see people like Jodi join! Jodi has been in my people marks for some time as was Sue. We are definitely on the right track Kevin, I think after a year of this we will all be far more insightful traders and our odds of a winning pick will be improved substantially because of it. I am really looking forward to this. No limits to traders but keep track of your cash so that the posted buys are within the parameters. If you drop below $5000 in total equity you can if you wish kick in cash to get back to the $5000 start level but that amount will be deducted from future gains to get the system back on track. Very few rules...ideas and posting of trading methods are welcome...lets keep the dialog free here on this thread and lets all make MONEY! The buys and sells should be posted and this should work great.

Cents