"Ian Davies" wrote in message
.au...
jonathan wrote:
#1 8-5-08

I think I'll share my stock trading activity for awhile with the
group. The goal is to demonstrate I can average a return
of at least 5% per week, every week. I believe if I'm more
diligent, the reason for posting, I should be able to double that.
For those of you that slept through math, 5% a week, reinvesting
profits, translates to all the money you could ever need.


Sounds okay. With $100 down at 5% per week, after just ten years you have
$9.936 x 10^12. Not quite equal to US GDP but pretty close.

Or, be patient and keep going for another ten years, and you'll have $10^24.
About $10000 for every star in the universe. Not bad.

The best part is if you decided to be a humanitarian and share your fortune
equally among every person on planet earth, you'd be giving each person about
ten thousand billion dollars each. What a guy!


Of course the amount one can invest has to be tailored to the
size of the company. Generally no higher than one or two percent
of the daily float. My pattern works best between roughly
one to ten million dollar daily floats. So fifty to a hundred grand
at a time is probably the practical upper limit on trading scale.

And since these patterns typically can be found one to three days
before the bounce, probably two or three plays a week is
pushing things. While I'm working, I have to sneak around
and use my cell phone for trading, so it's not responsible to
scale it much higher than this. But once I can do it full
time I fully anticipate having two trading kitties of 50
grand each averaging about 5% a week.

And I think that's being conservative. Let's see what my
average is a month from now.

It's just so much fun, and a way of having an income until
I become senile~