daytrading as a full time job, page-135

  1. 4,361 Posts.
    "Therefore whether you bought WOW at $3.00 in 1993 or $2.40 (a 20% difference) you will find that 13 years hence the difference in you annual compound return would be very small, say 19% vs 20% (I havent done the exact calculation but I expect the numbers to be of that order)."

    clark, your logic truly amazes me. by focusing on building your wealth today, here and now, i can assure you that you will be in a better position in 13 years time.

    i sold rin over a month ago and used the proceeds (and i must say, it was a very nice short term trade - got totally lucky with my timing) to trade on dyl and doubled my money in a few days. and then made a series of other decent trades......and yet you're still sitting on rin with its sp down few % from when i sold.

    bhp has not been anywhere near its peak in months and during this same period, zfx is up some 40%.

    i'll continue with my strategy. thanks.
 
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