Sunday, April 1, 2007

New Start !

I want to make money consistently trading stocks, but so far it's the opposite. So, I start this blog to monitor my activities that cause the bad results. When I identify the mistakes and correct them, I will then begin to be more profitable .

I am trading with real money. So, the better trader I become the more money I will make !! I can't wait to see if this blog will help me to become a great trader over time.

Right now, I am using TD-Ameritrade with just about $2,000. Not counting the funds that I have lost !

Goal:

Short term:
From $2000 to $3000 50% gain by 05-2007



Position size: $2000

Expectancy :
Average winning % per trade

$2000 x 5% = $100 x 10 = $1000
$2000 x 10% = $200 x 5 = $1000
$2000 x 15% = $300 x 3.33 = $1000

Digg it   Del.icio.us 

0 Comments:

Post a Comment

<< Home