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Saturday, May 10, 2008

Week in Review for May 10th, 2008

Challenge Accounts:

Investing Account Balance:
$247.27
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.


The week in review for the week ending May 10th, 2008.



Two things. What I see in the overall stock market right now? Topping action.

Second thing? I think I've officially become a YouTube whore. I've created another YouTube channel.



* * *

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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