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Thursday, February 7, 2008

Challenge Accounts: Roadmap for the Future - The eventual goal

Challenge Accounts:

Sharebuilder Balance: $131.14

optionsXpress Balance: $683.49 ($100 Deposit still clearing)
ING Orange Savings Balance: $2.06

Where do I plan on taking these challenge accounts? How do I plan on making them grow? The same way I did my private accounts. I discussed that in this video:

When the accounts begin to grow, the will begin to feed each other at regular intervals based on the risk that I feel each account represents.

* * *

Sharebuilder Balance: $131.14
optionsXpress Balance: $683.49 ($100 Monthly deposit still clearing)
ING Orange Savings Balance: $2.06

Total Trades and Investments: 1
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 1
Average Drawdown: $86.51
Accuracy Rate: N/A
Average Reward: $0.00
Risk Reward Ratio: N/A

This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research.

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