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Thursday, August 28, 2008

Challenge Project ... Pre-September Deposit

What d'yall think? (Video included ...)



Challenge Project Account Balances and
Money Management Numbers:

Investing Account Balance:
$319.08 ($99.07 is Cash, rest is 7 shares of BAC)
Stock / Futures Trading Balance: $954.13 (All Cash)
Online Savings Balance: $47.39

Total Trades: 6
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $56.63
Average Loss: $74.27
Accuracy Rate: 33%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Up + $53.84

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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