Your returns are amazing man. Making more or 200-300 % annually is amazing, especially once you think about the effects of compounding!
Your returns are amazing man. Making more or 200-300 % annually is amazing, especially once you think about the effects of compounding!
That is possible yields. I have met with Mr. Disaster before. I'm trying to prevent him this time around. We'll see if my years of experience have taught me anything. Thank you for your comments.Originally Posted by ;
Regards,
Hi Petra,
How is it going with you? Would you mind to share your adventures with us? Is your equilibrium growing?
Regards
Brian
Have not given an update in quite a while, so here goes:
Launched 2012 w/ 70k within my account. Ended 2012 w/ 124k. I was hoping to double my account every year, but that did not occur in 2012. I have made some mistakes. When I have a series of winners, I get more conservative and start lowering my market exposure. I guess it is like being gun-shy, but in reverse. I seem to anticipate a series of losers. This thinking has held my total return .... But it has also place my account in a lot less risk.
For 2013, I shot 24k off the table and paid off some debt. Started the year with 100k in my trading account. I will retire at the end of 2014. I was hoping to get at least 300k to trade with when I retire to supplement my income. Not certain if I will get there. As of now, my trading account has 138K.
I'm glad I'm consistently making money from the market. Not making what I'd intended, but I suppose I have more than I thought. To quote Mike Tyson, everybody has a plan until they get hit.
I haven't upgraded in a very long time... so I thought I'd take a moment and do so for my buddies (and whoever else is reading). I really don't spend much time at the factory anymore.... Perhaps on quick look weekly. I don't day trade in any way. Most of my positions have been held for months or weeks. I haven't retired yet. I need 300k in my trading account to supplement my retirement, and I have not reached that level yet. I have, at present, 184k in my trading account. To be fair, that number would be around 50k greater had I not had to dive into it (for a variety of reasons) over the last 2 decades. What could I say.... Life occurs and you have to take care of it(and pay for it!) . I fight the temptation to improve my risk exposure and try to achieve my brink a lot faster. I must resist that temptation. I've been there, done that, and blown the account.... More than When there's one golden rule I've learned it is this: Do Not Over Extend Yourself and Trade With Too much Leverage (risk)! My goal is 10%-25% per year return on my equilibrium, and that seems to be achievable.
I will keep updates going because I close my goal. I am hoping to be there in another two decades. I must remain patient.
Good trades to all.
Regards,
Hi Petra. It is nice to see you and I am glad you're doing fine!Originally Posted by ;
Hey, just saw upgrades and I have to say I am really happy for you man, your performance is in fact good! Yes, we feel we might have done better, but wait, things might be worse also, right?
And thanks for updating the thread with your outcomes btw, it is actually great to see that persistence and hard work do bring about certain significant returns!