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Friday, May 9, 2008

Answering Some Questions . . .

Challenge Accounts:

Investing Account Balance:
Stock / Futures Trading Balance: $734.39
Online Savings Balance: $27.15

Personal Trading Thoughts: I still haven't completely caught up to date on the investing and trading game, but I'm getting there . . .

Personal Investing Thoughts: We are fast approaching the end of May. Which means investors generally "walk away" for the summer months. Again, I won't turn my DRIP off this summer to receive straight cash, as many stocks are still 'on sale'. I want the DRIP to benefit from this correction we've had.

I'm going to start answering some of the questions that have been thrown my way while I was on vacation. I wanted to answer these questions adequately, so this video is a bit longer. Thus, no pretty introduction and conclusion. Sorry.

For Daniel's question, I also suggest going through my YouTube video series that deals with the question of how to begin. The first video in that series starts here.

We will return to our regularly scheduled broadcast tomorrow on the same bat channel, same bat time.

* * *

Investing Account Balance: $247.27
Stock / Futures Trading Balance: $734.39
Online Savings Balance: $27.15

Total Trades and Investments: 3
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $82.56
Average Loss: $82.56
Accuracy Rate: 33%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.02

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, and tolerance for risk.

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