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You might have found the holy grail. But if you presented it, I am not sure
how many would follow. It has to fit their mindset.
You are not a FOOL. I assume you are seeing a great run in a raging Bull and
keeping your capital investment down. BTW: you never said what you were
trading? Options?
Richard Estes
-----Original Message-----
From: Rajesh <rajesh@xxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>; givenrandy@xxxxxxx
<givenrandy@xxxxxxx>
Date: Tuesday, July 14, 1998 12:24 PM
Subject: Re: Opinion Poll on REAL returns (Monthly)to all metastock users.
>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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