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You're back Mark?
tradingmonster wrote:
> Hi Mr. Cappello,
>
> > 2.You say you increased contracts with each $50,000 increase in
> equity. That would mean that you blindly started this system in
> Dec '00 and made $59,000. You thus would be trading 2 contracts by
> Jan '01 without many people even knowing this site existed.
>
> Actually the way it was. I was introduced to trading at Junior
> College by a room mate, who's father is a trader. He dad furnished
> her a computer to do her studies on and it was loaded with
> TradeStation (a popular program at the time) as well as more boring
> stuff Word, Excel and the like. For a long time I hung out on several
> trading chat rooms, until I discovered a group for users of TS.
>
> Admitted looking back I must have seemed pretty foolish and naive to
> many in that group. But I was not afraid to tango with anyone, feeling
> I would rise to any occasion. From that group I discovered another
> called Systems or Management something where I met other very helpful
> female traders. To try an make a long story short now.
>
> I knew about several systems off that list prior to any publication. I
> figured out it would be allot of work to participate on any level and
> a girl has social responsibilities to tend to. I figured that just
> about anyone who was on that list who threw out anything, pretty much
> had to have something worth while. Because it was a tough place to
> post anything without getting your head chopped off, lady or not.
>
> Promise trying to make this as short as possible. I don't typically
> just follow anything blindly, though it might be argued that to some
> small percentage this case "it was true". When the site went up it
> originally was running on the futures, not that it matters. Other
> than that numbers (to me) seem more sedate now than what I actually
> experienced first trading it.
>
> I started out using a broker who I met off the TS users group, and
> that was a big mistake. That mistake made me a boat load of money,
> because I opened an account with fifty thousand dollars in it. That
> was what I was told by the broker would be "more" than sufficient to
> trade with. I started out trading one lot and using profits gained of
> twenty thousand dollars I added two more contracts to my trading.
> Since I was never contacted by my supposed broker I never knew I was
> trading to large for my account size. I figured now every ten thousand
> dollars I gained I would add another and another and so on.
>
> Little did I know that my fun was going to be upset by the brokers
> home office. Who of all the nerve demanded I deposit with them
> another one hundred thousand dollars that my folks were not about to
> do in spite of the gains I had made. It was a good thing this all
> happened though, because my parents never believed that I made any
> money until I was forced to close the account and have the monies
> wired to my personal bank account. By now my original sum was up
> over one hundred percent.
>
> I found another broker at a very large firm who my fathers employees
> retirement accounts are at. My dad being all excited, let me keep the
> profits I made to buy a car and refunded a new account with one
> hundred and fifty thousand dollars. I instructed the broker to trade
> 3 contracts, and shortly latter I had to add some monies (about forty
> five thousand dollars) to maintain the size being traded due to a
> drawdown margin thingy.
>
> So from there on the firm has been strait in trading my account
> which brings me to the next level of investing in stocks for the
> longer term, with a small portion of capital. Beats opening a
> restaurant?
>
> > By Mar '01 you would be trading 3 contracts. By May '01 you would
> have been trading 4 contracts. And by Oct '01 you would be trading >
> contracts.
>
> > In hindsight to date, these are all excellent decisions. But are
> you for real to have just jumped into this without watching it first?
>
> I examined my possibilities and made a educated decision to take a
> calculated risk. Besides, I needed a new car desperately and driving
> around mom's four door crap brown diesel Mercedes Benz is not
> conducive to a girl's panache.
>
> > I mean you no disrespect but just seek some honest answers as to
> how anyone could have the knowledge and wherewithall to have
> accomplished what you say.
>
> Admittedly, I may have had some breaks. But I made the decision to do
> this and I took the risk. I feel I have paid my dues. From what I
> see, many people are thinking too hard and will not just let it
> happen. I wish each one a good night, yes Friday and no place to go.
>
> thanks, tradergirl
>
> PS Anyone here know about, if the TS users group is still around?
> Are there other (higher risk) stock investment groups around?
>
> >
> > Sincerely,
> >
> > John
>
>
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>
>
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