10% in 10 days?

[poker]

I heard on a a radio program that a 10% return takes 7 cycles to double.

Doing the math… $100 x 1.1 is $194 on 7 cycles.

On 30 cycles it is $1745.

soooo, $1000 turns in $17,450 on 30 cycles.

$10,000 turns into $174,500.

Is it possible to turn 10% every 10 days? Day trading. Buying shit on Amazon and flipping it?

 

[Spunky1]

 

[superstar_88]

It's also possible to lose 10% in 10 days so in 7 cycles you do the math

 

[Scholar]

I heard on a a radio program that a 10% return takes 7 cycles to double.

Doing the math… $100 x 1.1 is $194 on 7 cycles.

On 30 cycles it is $1745.

soooo, $1000 turns in $17,450 on 30 cycles.

$10,000 turns into $174,500.

Is it possible to turn 10% every 10 days? Day trading. Buying shit on Amazon and flipping it?

Isn't that basically the Rule of 72. Divide your return by 72 and that will tell you how long your money will take to double. At least I think that's what it was. I'm sure someone here will correct me if I'm wrong.

 

[poker]

Isn't that basically the Rule of 72. Divide your return by 72 and that will tell you how long your money will take to double. At least I think that's what it was. I'm sure someone here will correct me if I'm wrong.

I didn’t go to Bank President School…. Starting g to regret that decision now.

 

[Ceiling Cat]

Is it possible to turn 10% every 10 days? Day trading. Buying shit on Amazon and flipping it?

Is it possible to turn 10% every 10 days? Yes, it is, if you have seen some of my previous post you know it is possible, but is it probable. Is it possible to achieve this time after time without fail? I do not think it is because you take on high risk trades in your attempt. I prefer to take on low risk trades where I can expect 3 to 5% per trade and net 10 to 15% per month. Compounded annually this would be 300 - 500%. The big financial institutions and banks do not take on risky trades and pay out to you a measly 3 to 5% when they make 300 to 500% ( or more ) on your money. Your success will be determined by your ability to manage risk.

As far as buying shit on Amazon and flipping it? Every Tom, Dick and Harry and the Uman that lives in his garage is doing it. People are scratching and clawing to make a few bucks in this sinking economy. Search cat videos on Youtube and everyone is making cute videos of their cat, young girls are making yoga/camel toe videos to make some money.

 

[poker]

Is it possible to turn 10% every 10 days? Yes, it is, if you have seen some of my previous post you know it is possible, but is it probable. Is it possible to achieve this time after time without fail? I do not think it is because you take on high risk trades in your attempt. I prefer to take on low risk trades where I can expect 3 to 5% per trade and net 10 to 15% per month. Compounded annually this would be 300 - 500%. The big financial institutions and banks do not take on risky trades and pay out to you a measly 3 to 5% when they make 300 to 500% ( or more ) on your money. Your success will be determined by your ability to manage risk.

As far as buying shit on Amazon and flipping it? Every Tom, Dick and Harry and the Uman that lives in his garage is doing it. People are scratching and clawing to make a few bucks in this sinking economy. Search cat videos on Youtube and everyone is making cute videos of their cat, young girls are making yoga/camel toe videos to make some money.

Fair. But what an avg? 9% today. 12% tomorrow. 8 % next day?

I am greedy and scheming….

 

[Ceiling Cat]

Fair. But what an avg? 9% today. 12% tomorrow. 8 % next day?

I am greedy and scheming….

It is all about probability, how long can you make high risk trades and continue to succeed?

 

[poker]

It is all about probability, how long can you make high risk trades and continue to succeed?

I mean, you are not wrong

 

[John_Jacob]

Fair. But what an avg? 9% today. 12% tomorrow. 8 % next day?

I am greedy and scheming….

Go for it. No doubt you have the contacts, background, education, personality and financial wherewithal to do it. I mean, it's possible so everyone is getting 10% every 7 days right?

 

[Ceiling Cat]

High gain does not mean high risk, low gain does not mean low risk. You have to have the ability to access the situation. At this time IMHO it is a high risk time, so even high quality stocks are out for me. We have to go through a time for the economy to reset, opportunity will come when the situation returns to stability. This is not the time.

 

[Darts]

Bear in mind the natives sold bare vacant land. I think the $3trillion is with all the infrastructure and NYC's place in commerce.
https://www.reddit.com/r/todayilearned/comments/329njy

 

[escortsxxx]

I heard on a a radio program that a 10% return takes 7 cycles to double.

Doing the math… $100 x 1.1 is $194 on 7 cycles.

On 30 cycles it is $1745.

soooo, $1000 turns in $17,450 on 30 cycles.

$10,000 turns into $174,500.

Is it possible to turn 10% every 10 days? Day trading. Buying shit on Amazon and flipping it?

So famous people have done it. D. traders in general do it for streaks but then they lose in streaks as well.

Programs to help with this. But everyone uses them.

A very good understanding of the economy nelps. I have certainly done this for weeks at a time virtually Where I wasn't action risking my own money. Clouds your judgement.

 

[Ceiling Cat]

Bear in mind the natives sold bare vacant land. I think the $3trillion is with all the infrastructure and NYC's place in commerce.
https://www.reddit.com/r/todayilearned/comments/329njy

Early natives of North America had no concept of land ownership, land was free for all. They only required that you respect the land they were squatting on.
So for the beads and blankets they got they believed that if the fools want to give us something it was OK with them.

So famous people have done it. D. traders in general do it for streaks but then they lose in streaks as well.

Programs to help with this. But everyone uses them.

A very good understanding of the economy nelps. I have certainly done this for weeks at a time virtually Where I wasn't action risking my own money. Clouds your judgement.

There are investors that are total speculators and randomly choose. Then there are people with some knowledge of the stock market buy have not totally mastered their abilities. These are the people that make gains as the market moves up and losses when the market moves down. In this market that is more often moving down, profits are hard to come by. If you can master the markets you can make money when the markets go up and go short when the markets go down. A good understanding of the economy and the markets does help but we are economically in uncharted territory and there are so many wild cards. I am stepping back as I believe that we will see a reset of the markets. I have missed 5 trades of 8%+ in the last week because I have stepped back. Stick to the rules you make for yourself.

 

[poker]

High gain does not mean high risk, low gain does not mean low risk. You have to have the ability to access the situation. At this time IMHO it is a high risk time, so even high quality stocks are out for me. We have to go through a time for the economy to reset, opportunity will come when the situation returns to stability. This is not the time.

You are mostly correct. As Boomers begin the retiring and dying off phase…. There is no replacement generation. We don’t have an economic model for global population decline. It’s going to be a very rough 15 years. The US not patrolling global oceans being world police…. Make shipping risky. And expensive.

And look what the war in Ukraine did. Global food shortages due to grains. (The planets #1 calorie is grain). Natural gas and its petro chemical run offs. Mariupol in Ukraine was a major producer of the neon gas needed in micro chip production. It went off line and we could not make new cars.

Then you have to hope that as economies get wonky with the population decline … and the global competition for resources…. That there will not be more wars, which will disrupt more economies.

 

[escortsxxx]

Early natives of North America had no concept of land ownership, land was free for all. They only required that you respect the land they were squatting on.
So for the beads and blankets they got they believed that if the fools want to give us something it was OK with them.



There are investors that are total speculators and randomly choose. Then there are people with some knowledge of the stock market buy have not totally mastered their abilities. These are the people that make gains as the market moves up and losses when the market moves down. In this market that is more often moving down, profits are hard to come by. If you can master the markets you can make money when the markets go up and go short when the markets go down. A good understanding of the economy and the markets does help but we are economically in uncharted territory and there are so many wild cards. I am stepping back as I believe that we will see a reset of the markets. I have missed 5 trades of 8%+ in the last week because I have stepped back. Stick to the rules you make for yourself.

Well according to my calculations of 1993 This will be the worst economic In the history of the west. It was an academic exercise at the time Why did you predict currently in 2008Crash as well. The wild card is that free funny Seems Do you have much higher limit then before. Old fashion economic indicators What have the American dollar be worthless by now. We'll see if the new currency by the eastern block Allows a run on the American dollar. Till then No 1 is willing to give up on the American dollar. We are seeing some kind of slow motion hyperflation .

 

[Ceiling Cat]

You are mostly correct. As Boomers begin the retiring and dying off phase…. There is no replacement generation.

I do not plan to retire, I can be a trader all my life. Things are not as good as it was a year ago, I could do the 10% in 10 days back then. I have stopped trading for now, but still keeping my skills up without being in the market. Easily do-able at this time is 10-15% in 30 days. compounded your money is at least tripled annually.

 

[poker]

I do not plan to retire, I can be a trader all my life. Things are not as good as it was a year ago, I could do the 10% in 10 days back then. I have stopped trading for now, but still keeping my skills up without being in the market. Easily do-able at this time is 10-15% in 30 days. compounded your money is at least tripled annually.

Teach me!!!!

 

[escortsxxx]

Teach me!!!!

Sounds like there's a terb guru

 

[Ceiling Cat]

Teach me!!!!

I had a conversation with a heart surgeon once, he tells me heart bypass surgery is not a difficult thing to learn, to do it well requires patience, preparation and meticulous attention. Investing is much the same. You gain your ability with practice. As I said, I have stopped trading ( but not practicing ) because I think a shit meteor storm is coming and I do not want to be stuck with stocks when everyone is selling. I would suggest you learn how to use moving averages ( 20,50,200 day MAs ( personally I include the 100 day MA ) Then learn how to use the MACD, Stochastics, and RSI indicators.

As far as individual tutelage my student roster is full. I have three middle management ladies that are after me for my mind. ( I use to have 4, but one had a career opportunity in another city. She still receives benefits from me ) They pamper their cash kitty and I take good care of them. There is no bigger thrill for civilian ladies when they learn to earn.

Sounds like there's a terb guru

Better a guru than a U-man, right?