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Thursday, July 31, 2008

The Low Funded Challenge Accounts: August 2008

Challenge Accounts:

Investing Account Balance: $264.82 (RBB Dividend Payment will be added tonight)
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30 (Interest Payment will be added tonight)

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. Sugar #11 is rising, just as I had wanted. I'm still watching Live Cattle out of the corner of my eye. The setup is almost complete.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the stock market is generally weaker in the summer, so I'm not much of a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


A video summary is to be found at the end of this entry on my Daily Blog.

These sub-accounts were created by me back in October 2007 as a main feature of this blog. Their purpose, as well as the purpose of many of the articles in this blog, is to assist the low-funded trader understand what principles he needs to consider when trying to get started in the markets, or if starting up again because his or her account account has been wiped out. That as long as one enters this business with the proper principles, strategy, education and emotional discipline in hand, you can 'make it' in this business. These are actual sub-accounts at my brokerages that I own, and I will look to for growth. I will announce actual trades and investments that I perform in them, and the money management rationals and reasons for my decisions as a means to educate others.

In the beginning of this experiment, I placed $130.00 with Sharebuilder as a long-term investment account, and I placed $370.00 in the account for trading Futures options. I later added a small ING Savings account that has been built up to a balance of $37.30. But due to the initial investment, I once termed this the "$500 Challenge". Since we now have a cumulative total of $1,288.91 in these accounts at the end of July, not $500, I will term this the "Low-Funded Challenge" instead of the "$500 Challenge". At times I will refer to them simply as the "Challenge" accounts.

I also had three rules for the "Challenge" accounts. At the beginning of each month, I review and consider where we stand, and how those three rules impact the current months decisions. So let's do that for June.

Rules for the Challenge Account:

1) The initial investment is $500.00, to be split amongst the accounts. We did that back in October of 2007. $130 went to Sharebuilder for longer term investments, and $370 went to the Xpresstrade brokerage for futures options purchases. Xpresstrade was later bought out by "optionsXpress", therefore this is now the optionsXpress account. This account is the 'trading' account, for stocks, ETF's, and futures options. Therefore, rule #1 is always complete.

2) Each month, I can contribute $100.00, that can be split amongst the accounts however I choose. In other words, I can send $30.00 to Sharebuilder, $70.00 to optionsXpress; or $100.00 to optionsXpress, and nothing to Sharebuilder, etc. Last month, we deposited $5.00 to our ING Direct Savings account, $90.00 to the optionsXpress trading account, and $5.00 to our Sharebuilder Investing account. The main reason we split up the money the way we did? Was to to defend against any possible drawdown we might encounter in the trading account. We had a profitable win in the trading account, in addition to that rise in capital. Great. But I still have my eye on any possible drawdown that might occur.

We also have 7 shares of Bank of America (BAC) in the Investing account, with the DRIP turned on. The key for the investing account? Is to get diversified. Especially as November approaches. Therefore, I'm increasing the usual deposit to the Investing account this month, so that we can start to reach another $230 in cash, so we can diversify.

As far as Bank of America (BAC)? Well, it's still wait and see as far as XLF, or the financials are my concerned in the short term. But I didn't pick up those shares for the short term. I believe Bank of America (BAC) is easily a $60.00 stock, some years down the road. With a P/E of 15.17, a Forward P/E of 9.50 , and a EPS of 1.82 with a DRIP program? I see this as a very obvious investment play any time it gets near the $30.00 mark.

Now we have arrived in a new month; August, 2008. This month we're going to change it up a little bit. $10.00 to our ING Direct Savings account, $25.00 to the optionsXpress trading account, and $65.00 to our Sharebuilder Investing account. I'm initiating all of these transfers today, July 31, 2008, so they will be clearing the first few days of August.

If you note my project strategy video (located here), we were looking last month to get past the first step in this phase of the project, which was for the trading account to have an equity greater than $900.00. We have a balance of $986.79. So with August's deposit, we'll be on our way at least, to step two, in Phase I of the strategy. This next step will be to get the trading account balance to $1,100.00. But remember, the goal right now isn't to primarily trade that account. It's to get the account equity balance bumped up. The account / project is still within it's 'tiny' phase.

3) I'll be using regular investment and trade vehicles. Bonds. Stocks. ETF's. Futures Options. In August? I'm waiting. I might, just possibly, may engage in a Sugar #11 trade with futures options. I'm not even sure I'd do that. If I do, I'll be keeping the risk per trade below $90.00. But beyond that? The trading account is still in the tiny phase, and needs to be bumped up before I'll be trading stocks or futures contracts. Heck, we have a ways to go before I start trading outright contracts.

But we'll get there.



August Balances after Deposit from Rule #2 (before trades)

Investing Account Balance: $329.82 (This will fluctuate with the BAC stock)
Stock / Futures Trading Balance: $1,011.79
Online Savings Balance: $47.30 (Not counting tonights Interest)

* * *

Current Balances:

Investing Account Balance: $264.82 (RBB Dividend Payment will be added tonight)
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30 (Interest Payment will be added tonight)


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Wednesday, July 30, 2008

Quantified Challenges To the Low Funded Trader

Challenge Accounts:

Investing Account Balance:
$259.57
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. Sugar #11 is rising, just as I had wanted. I'm still watching Live Cattle out of the corner of my eye. Right now, I'm waiting for setups, not entries. I'm not so sure about the Metals right now.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the stock market is generally weaker in the summer, so I'm not much of a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


The best way to avoid problems? Is to understand what specific challenges you will face. "Know thy enemy" as the old expression goes. So how does this apply to the low funded account?



Tomorrow, I'll have the monthly Challenge Project Video for August 2008 ...

* * *

Investing Account Balance: $259.57
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Tuesday, July 29, 2008

Find Your Trading Edge, to Assist your Accuracy

Challenge Accounts:

Investing Account Balance:
$243.12
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. I'd like Sugar #11 to rise this week, and out of the side of my eye, I'm watching Live Cattle. Right now, I'm waiting for setups, not entries. I'm not so sure about the Metals right now.

I'm also eye'ing Ford for a possibly short term swing trade. Maybe just two days. Have to wait and see.

In addition, I see the MER release, as incredibly good news. Finally, they are getting rid of all the CDO's, and taking the loss, rather than writing down the asset. Which means at this point? We won't see future writedowns on that garbage. The investment firms, are finally capitulating. Which is very ironic when you think about it.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...

One of the five or six principles (depending on how you count them) of money management? Is accuracy rate. What do you need in order to increase your accuracy rate?

You need to find your edge ...



Tomorrow we will discuss specific challenges to the low funded account. We will 'quantify' them.

* * *

Investing Account Balance: $243.12
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Monday, July 28, 2008

When Do You Take Home Some Money?

Challenge Accounts:

Investing Account Balance:
$241.09
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. I'd like Sugar #11 to rise this week, and out of the side of my eye, I'm watching Live Cattle. Right now, I'm waiting for setups, not entries. I'm not so sure about the Metals right now.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


The point of trading, is make money for yourself. The eventual point? Is that you are going to take home some of those profits that your account has gained. What are some things to keep in mind? I discuss that today ...



* * *

Investing Account Balance: $241.09
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Saturday, July 26, 2008

Week in Review: The Charts I'm Watching and Money Management in Real Practice

Challenge Accounts:

Investing Account Balance:
$241.09
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. I'd like Sugar #11 to rise and form a double top, I'm watching Live Cattle, and I'm also looking at some of the Metals ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


This is the weekly recap video. We discuss some markets I'm 'stalking', and we also discuss real money management numbers in practice.



We continue Monday, with a video about 'take home money'

* * *

Investing Account Balance: $241.09
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Friday, July 25, 2008

Emotional Discipline and Investing. Console Yourself with Some Data ...

Challenge Accounts:

Investing Account Balance:
$249.28
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. I'd like Sugar #11 to rise and form a double top, I'm watching Live Cattle, and I'm also looking at some of the Metals ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


This is part two to the last entry I had, earlier today. An excellent set of questions on the part of Joe. This deals with: How do you cope when your mind is screaming to capitulate, and exit the position? Especially if this is an investment?

You console yourself with the data. The facts of where investing wealth comes from. As well as the possibility to DCA your position in the future. That's what I'll discuss in the following video ...



Tomorrow is the "Week in Review"

* * *

Investing Account Balance: $249.28
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Cash as a Position and "Writedowns" (Drawdown) to your Account ...

Challenge Accounts:

Investing Account Balance:
$249.28
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eye'ing up a few Commodity Futures markets. I'd like Sugar #11 to rise and form a double top, I'm watching Live Cattle, and I'm also looking at some of the Metals ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


Received another fantastic question today. It's in three parts, that I discuss in the following video ...



I'll have another video today that answers the last question ...

* * *

Investing Account Balance: $249.28
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Thursday, July 24, 2008

To Hybrid, or not to Hybrid? What's the Risk / Reward Ratio?

Challenge Accounts:

Investing Account Balance:
$268.11
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm eyeing up a few Commodity Futures markets. I'd like Sugar #11 to rise and form a double top, I'm watching Live Cattle, and I'm also looking at some of the metals ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


I've said it a few times. I apply money management principles to everything. Well, what about Hybrid vehicles? Electric vehicles?



* * *

Investing Account Balance: $268.11
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up + $111.50

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.

Wednesday, July 23, 2008

Trader Thoughts on the Financials and Money Management ...

Challenge Accounts:

Investing Account Balance:
$271.72
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: We took profits on the last of the Soymeal Put options; namely - the out of the money put option on the Challenge Project.

Personal Investing Thoughts: I picked up a bit of GE yesterday, but just a very, very small bite. We're talking less than 0.02% in only one of my accounts. Call that another 'itch' scratched. Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


We discuss the Soymeal, The Financials, the Challenge Project and Money Management ...



Tomorrow I'm going to discuss Hybrid vehicles and how I apply money management principles ...

* * *

Investing Account Balance: $271.72
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up - $111.50

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.

Tuesday, July 22, 2008

How Do We Take Profits?

Challenge Accounts:

Investing Account Balance:
$228.77
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30

Personal Trading Thoughts: Soymeal continues it's fall. The option raised in value to 2.00, which is where my limit sell order is. But there is not guarantees on a fill with a limit order; especially in a thin market. Market just bumped slightly higher overnight, but seems to be sitting up well for a down move again today. As I mentioned before, I fully expect to see the high 360 region to 355. We'll see if we get a fill.

EDIT: I just got the notice, that I got filled at 2.00, or $200 for a fill. Awesome.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


Yesterday, I received an excellent question here at the daily blog. It has to do with how to take profits? I discuss that in this video ...



The other thing I want to say on what indicators I look for?

I look for 1) A chart pattern, 2) Time cycles (I use Larry Williams 1.28 rule), 3) Slow Stochastics, and 4) Aroon for the change of trend. I do not use Aroon for taking profits. I just watch it for a change in trend at the beginning of the trade.

* * *

Investing Account Balance: $228.77
Stock / Futures Trading Balance: $986.79
Online Savings Balance: $37.30


Total Trades: 5
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $62.40
Average Loss: $79.81
Accuracy Rate: 40%
Average Reward: $175.34
Risk : Reward Ratio: 1 : 2.2
Trading Money Gain / (Loss): Up - $111.50

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.

Monday, July 21, 2008

Bank of America (BAC) Earnings, Soymeal 08, and the Stock Market Outlook

Challenge Accounts:

Investing Account Balance:
$244.59
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Soymeal fell through the 399 zone of support on Friday. It looks like the Soymeal seasonal tendency is here to stay, which means we could easily see Soymeal reach the 350 region, or that area (In other words, 350, 355, 360).

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


Listening to the Bank of America (BAC) webcast as I type this. According to Lewis, he's going to recommend to the board that the dividend remain right where it's at. So there will be no dividend cut. In this video, which I recorded a little earlier - I discuss the recently announced Bank of America (BAC) earnings, Soymeal and Out of the Money Options, as well as some thoughts regarding stock market bottoms and bear markets ...



On another note, I HIGHLY recommend watching Larry TV ...

* * *

Investing Account Balance: $244.59
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Saturday, July 19, 2008

Week In Review for July 19, 2008: September Soymeal 08 and the Financials

Challenge Accounts:

Investing Account Balance:
$226.46
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Soymeal fell through the 399 zone of support on Friday. It looks like the Soymeal seasonal tendency is here to stay, which means we could easily see Soymeal reach the 350 region.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


This is our weekly recap video. We discuss September 08 Soymeal, and the financials ...



* * *

Investing Account Balance: $226.46
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Friday, July 18, 2008

Battling the "God of More" with Contentment

Challenge Accounts:

Investing Account Balance:
$219.53
Stock / Futures Trading Balance: $876.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Soymeal collapsed yesterday. This is great since I've been holding Soymeal Put Options. The next level of support to take out is the 400 to 397 region ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


When people 'think' that bottoms may be developing? (notice that I did not say we are at the bottom) When they see the financials rally? Thus temptation arises ...



* * *

Investing Account Balance: $219.53
Stock / Futures Trading Balance: $876.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Thursday, July 17, 2008

Soymeal Trade ...

I've been into holding Soymeal Puts lately ...

Implications of 30 Day Shock Ban on Naked Short Selling?

Challenge Accounts:

Investing Account Balance:
$214.14
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Very small bump up yesterday in Soymeal. We moved lower overnight. Seasonal move still on, support now has to be violated at the 413 and then the 408 region ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


What sort of implications might we face from this temporary ban on naked short selling for 19 firms on the part of the SEC? I discuss that in this video ...



* * *

Investing Account Balance: $214.14
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Well ... that certainly was a day ... The DOW rises 276 points on July 16...

Challenge Accounts:

Investing Account Balance:
$192.72
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Very small bump up yesterday in Soymeal. Seasonal move still on, support now has to be violated at the 408 region ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


Well. We end up ... what? 276 points up on the DOW? Wow. What was that all about.

So I start to search the news. I start to browse the net. This is what I find? I discuss that in this video ...



* * *

Investing Account Balance: $192.72
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Wednesday, July 16, 2008

A Paradigm Shift in Viewpoint: Amory Lovins on Oil Importing ...

Challenge Accounts:

Investing Account Balance:
$171.90
Stock / Futures Trading Balance: $866.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Looks like our move in Soymeal has started. It fell even further yesterday, and fell further overnight. Profit stop is in the Challenge Project option to take profits at twice our risk ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


We have an oil crisis. And from what little I saw last night on the Charlie Rose show, more people need to be listening to guys like Amory Lovins ...

I also discuss thoughts on the Soymeal trade ...



* * *

Investing Account Balance: $171.90
Stock / Futures Trading Balance: $866.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Tuesday, July 15, 2008

Follow me as I track Soymeal ...

Follow me through the day as I track the Soymeal trade. I have Soymeal Put Options ...

How Much do you Need to Begin Investing and Trading?

Challenge Accounts:

Investing Account Balance:
$175.08
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Looks like our move in Soymeal has started. Profit stop is in to take profits at twice our risk ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


One question I receive quite often is, "How much do I need to begin trading?" As a rough outline, I recommend $25,000.00 for trading, and $25,000.00 for investing. Of course, this is variable. As I'm demonstrating with the Challenge Project. You simply need a money management strategy to implement, if you're going to bypass those rough outline amounts. I discuss that in this video ...



* * *

Investing Account Balance: $175.08
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Monday, July 14, 2008

Trader Thoughts in Pre-market ...

Challenge Accounts:

Investing Account Balance:
$191.18
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Looks like our move in Soymeal has started.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


Lots to talk about in this video. Inbev and Anheuser-Busch. Indymac and Bank Failures. And of course, the Soymeal trade ...



Tomorrow I'll try to discuss that common question - how much money do we start off with?

* * *

Investing Account Balance: $191.18
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Saturday, July 12, 2008

Week in Review for July 12, 2008

Challenge Accounts:

Investing Account Balance:
$185.72
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Weekend. Will be watching the open on Monday. July 15th starts extreme seasonal weakness in September Soymeal, for about 8 or 9 trading days. Therefore, the key date time wise is the 15th. Last year - when the move started, we had nearly 3 lock limit down days in a row.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


This is our weekly recap video ...



We'll return to our regularly scheduled program on Monday ...

* * *

Investing Account Balance: $185.72
Stock / Futures Trading Balance: $861.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Friday, July 11, 2008

Distractions and Trading ...

Challenge Accounts:

Investing Account Balance:
$190.55
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Bought one September 320 Put on Soymeal at 1.00 or $100 ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


This is why you shouldn't be distracted as you are trading. Thankfully, it worked out ok ...



* * *

Investing Account Balance: $190.55
Stock / Futures Trading Balance: $901.20 (Within a trade)
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Multiple Covestor Accounts

Challenge Accounts:

Investing Account Balance:
$190.55
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: Watching SoyMeal today for a possible short ... It could happen anytime within the next few days ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


I have had one widget here on my blog that links to one of my small investment portfolios. I've also stated that this is only one of my investment accounts. I've also stated that I believe in third party auditing. That's why I put the following video together ...




* * *

Investing Account Balance: $190.55
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Thursday, July 10, 2008

Scalping Realities

Challenge Accounts:

Investing Account Balance:
$188.45
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: Watching SoyMeal today for a possible short ... It could happen anytime within the next few days ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


I had a video a while ago that dealt with being either a position / trend trader? Or a scalper, and the differences in both ability and psychology.

I want to talk today a little more about the 'realities' of scalping ...




* * *

Investing Account Balance: $188.45
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Wednesday, July 9, 2008

Answering a Question Regarding P/E Ratios and more on Peter Schiff ...

Challenge Accounts:

Investing Account Balance:
$197.55
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: Helping a friend dig out his foundation today and lay new drainage ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


I'm going to answer a question in this video regarding P/E ratios. At the end of the video, I make a few follow up comments regarding Peter Schiff from what I discussed yesterday.

You know, it's interesting. People proved me right after I made those comments regarding Peter Schiff. People who are new to the game develop economic heroes. I made a couple of very innocent comments yesterday regarding Peter. And what was the result?

I receive vulgarity across my YouTube channel comments. I get attacked in PM's and in comments. I am called "A worshiper of the American Empire".

For what? For saying "Look at every side of the issue for yourself"?

Does that seem reasonable to you? Does that seem like these people have looked at every side of the issue? Or does it seem to you to be hero worship? I'm not here to be anyone's "economic hero". I'm trying to help people become their own economic adviser.



Tomorrow we'll discuss a bit more on scalping ...

* * *

Investing Account Balance: $197.55
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Tuesday, July 8, 2008

Investing Thoughts: Financials Outlook

Challenge Accounts:

Investing Account Balance:
$198.81
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: Helping a friend dig out his foundation today ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


When oh when will the financials find a bottom ...



Tomorrow we'll discuss P/E ratios ...

* * *

Investing Account Balance: $198.81
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Monday, July 7, 2008

Spammage!

Challenge Accounts:

Investing Account Balance:
$190.83
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm going to wait to 10:20 am as usual. But I have a feeling a small rally might be trying to form on the broad market. We've fallen 50% below support, and the timeframe is about right.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...


When you start investing? When you start trading? Thus begins the junk spam mail. Today's video discusses this ...



For the love of what's beneficial, please dump most of this garbage. Because that's what it is ... garbage built on 'get rich quick' dreams ...

* * *

Investing Account Balance: $190.83
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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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