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Tuesday, August 10, 2010

Surprise No. One and the "Challenge Project" (VIDEO)

Current $500 Challenge Project Balances:

"The Three Sisters":

Investing "Sister" Balance: $845.73
Trading "Sister" Balance: $2,019.63
Side-pocket "Sister" Balance: $475.30
Total Challenge Project Funds: $3,340.66

Hi.

My name is Dan. I'm a trader, and an investor.

Some time ago, I began a "Low Funded Challenge Project". It is basically a demonstration of a model that anyone could at least follow along with on a weekly basis here on this blog. I usually put up an entry regarding this "Challenge Project" once a week, on Mondays. It is my attempt without cost, to help out the 'little guy' when it comes to investing and trading by providing an example, a 'model' as it were ... as run by myself as a professional trader with real money, in sub-accounts that I own; following my own three sisters portfolio management system; albeit modified a bit to operate with low funds. From time to time, I provide snapshots of the broker statements.

I've discussed my reasoning in the past as to why I feel it's important to do such a low funded 'passion project'.

But I've come to feel that there is a problem with the Challenge Project.

The problem, is that they are 'sub-accounts' that I have ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click here to view the entry ...)



Ok ... so why do I call this surprise no. one? Because there is another surprise on the way. For this next surprise, you'll have to wait a few more months.

* * *

Note: 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 14 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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