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Lets get REAL here. I dont expect to compound it on a daily basis. I am
a simple fool probably with some luck. I DONT expect to make the kind of
returns.
I am still testing.
I dont wish any of you to lose money. Maybe my system is
dangerous....Dont know only time will tell.......Maybe it doesnt even
have a fundamental base. I will let youll know in the very near future.
I end my month on Friday . Lets see how it goes. Acutally I am 45% UP I
have left the 5% for the usual ups and downs.
On a daily basis I have skipped 5% instant returns many times (Probably
in an hour or less) for fear of risking my capital. If I am more
unemotional I feel I would probably make more (Or lose) at speeds I dont
want , so I try to play safe. I feel 5% a month is on the lower side.
For 5% a month I wouldnt have to spend a 10th of the time I am doing
now.(I am on leave at the moment, sort of)
ALL SAID AND DONE I consider myself to be a FOOL.
Best regards.
Rajesh
GivenRandy@xxxxxxx wrote:
GivenRandy@xxxxxxx wrote:
> In a message dated 7/14/98 12:29:19 AM Eastern Daylight Time,
> altag@xxxxxxxxxxxx writes:
>
> > Hm-m-m-m, let's see, Rajesh. 25 days / 40% = 1.6% per day return on
>
> > equity. Approximately 252 trading days a year, 252 x 1.6% = 403.2%
> per
> > year. Yes, this is an acceptable return on investment.
> >
> > You are certainly encouraged to post your formulas and selections
> each
> > week.
> >
> > Al Taglavore
>
> I think you forgot to compound the figures. If you
> compound 1.6% over 252 days, you get a 5360% gain for
> the year, not 400%. Of course 40% of that will go to
> taxes, so your annual gain will be something like 3210%.
> Not bad at all!
>
> On a more realistic level, a 1% variance per day
> happens all the time. If you are accurate on 2/3 of
> your trades you can average 1% every 3 days, or just
> over 7% per month if compounded. Compounded to a
> year would give a 130% gain, or 75% gain after taxes.
> I don't plan on being accurate on 2/3 of my trades, but
> I do plan to continue an average 5% per month (80% gain
> per year, 50% after taxes).
>
> Randy Given
> GivenRandy@xxxxxxx
> http://members.aol.com/GivenRandy
> public key at http://members.aol.com/GivenRandy/pgpkey.asc
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