TheRumpledOne 6,529 posts msg #66846 - Ignore TheRumpledOne |
8/31/2008 1:36:10 PM
How does one get started using your1% filter with $1000 and $14 round trip fee's?
Go for 2% stops? Wait until I have more capital to get started? IF wait then how much capital?
I am currently using Scottrade.
Thank you.
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You don't!! The 1% filter is for the long term bigger accounts.
If you have $1,000 then you should be trading the ORIGINAL RUN FOREST, RUN STOCKS.
Currently, RDN, ABK, and PMI, can provide you with net 2% or more daily.
You may laugh at 2% of $1,000 being $20 but let's look at what you can do.
If you net $20 on a $4 stock, then next time you can buy 5 more shares. That will put compounding to work for you.
day Month 1 Sep
$1,020
$1,040
$1,061
$1,082
$1,104
$1,126
$1,149
$1,172
$1,195
$1,219
$1,243
$1,268
$1,294
$1,319
$1,346
$1,373
$1,400
$1,428
$1,457
$1,486
Month 2 Oct
$1,516
$1,546
$1,577
$1,608
$1,641
$1,673
$1,707
$1,741
$1,776
$1,811
$1,848
$1,885
$1,922
$1,961
$2,000
$2,040
$2,081
$2,122
$2,165
$2,208
Month 3 Nov
$2,252
$2,297
$2,343
$2,390
$2,438
$2,487
$2,536
$2,587
$2,639
$2,692
$2,745
$2,800
$2,856
$2,913
$2,972
$3,031
$3,092
$3,154
$3,217
$3,281
Month 4 Dec
$3,347
$3,414
$3,482
$3,551
$3,623
$3,695
$3,769
$3,844
$3,921
$4,000
$4,080
$4,161
$4,244
$4,329
$4,416
$4,504
$4,594
$4,686
$4,780
$4,875
Now, if you trade RFR stocks, sooner or later you will get the coveted 10% or more POP.
Look at what ABK, PMI and RDN did last week.
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