The power of doubling

J

JACKK

Member
#1
#1
Hi Frenz,

I have been thinking of a concept recent times.
We have heard about SIPs. Y not SEPs (Systematic Earning Plan)?
We all know the power of doubling. Why not to use it in our trading life?

My plan is simple & it is for people who don't want to risk high amount in trading and lose it eventually .. (well .. more than 90% lose that capital in very short time)

I personally don't want to risk high capital but at the same time want to reach a very high tgt .. may be at this stage i'll peg it at 10L for an investment of less than 10K !!!!!

here the DOUBLING comes into play ..

I'll set a very easy tgt of 10% returns on my capital every single trading day.
10% is easily achievable in day trading, and as the tgt for the day is low, i won't take big risks.

So, I double my capital in 10 trading days & give a buffer of 5 trading days (in-case of some losing days). so 10+5=15 trading days which i'll call as a cycle.

Now i just need less than 4 cycles (60 trading days) to achieve 1.5L + .. and just 10 cycles to take me to heights!!!! :rofl:

If anything & everything is possible under the sun, .. then this also is possible .. :!

cheers

jack
 
Smart_trade

Smart_trade

Moderator
#2
#2
JACKK said:
Hi Frenz,

I have been thinking of a concept recent times.
We have heard about SIPs. Y not SEPs (Systematic Earning Plan)?
We all know the power of doubling. Why not to use it in our trading life?

My plan is simple & it is for people who don't want to risk high amount in trading and lose it eventually .. (well .. more than 90% lose that capital in very short time)

I personally don't want to risk high capital but at the same time want to reach a very high tgt .. may be at this stage i'll peg it at 10L for an investment of less than 10K !!!!!

here the DOUBLING comes into play ..

I'll set a very easy tgt of 10% returns on my capital every single trading day.
10% is easily achievable in day trading, and as the tgt for the day is low, i won't take big risks.

So, I double my capital in 10 trading days & give a buffer of 5 trading days (in-case of some losing days). so 10+5=15 trading days which i'll call as a cycle.

Now i just need less than 4 cycles (60 trading days) to achieve 1.5L + .. and just 10 cycles to take me to heights!!!! :rofl:

If anything & everything is possible under the sun, .. then this also is possible .. :!

cheers

jack
Click to expand...
Complete 1 -2 cycles successfully...and post your results here.

Smart_trade
 
R

rkkarnani

Well-Known Member
#3
#3
JACKK said:
Hi Frenz,

I have been thinking of a concept recent times.
We have heard about SIPs. Y not SEPs (Systematic Earning Plan)?
We all know the power of doubling. Why not to use it in our trading life?

My plan is simple & it is for people who don't want to risk high amount in trading and lose it eventually .. (well .. more than 90% lose that capital in very short time)

I personally don't want to risk high capital but at the same time want to reach a very high tgt .. may be at this stage i'll peg it at 10L for an investment of less than 10K !!!!!

here the DOUBLING comes into play ..

I'll set a very easy tgt of 10% returns on my capital every single trading day.
10% is easily achievable in day trading, and as the tgt for the day is low, i won't take big risks.

So, I double my capital in 10 trading days & give a buffer of 5 trading days (in-case of some losing days). so 10+5=15 trading days which i'll call as a cycle.

Now i just need less than 4 cycles (60 trading days) to achieve 1.5L + .. and just 10 cycles to take me to heights!!!! :rofl:

If anything & everything is possible under the sun, .. then this also is possible .. :!

cheers

jack
Click to expand...
Hi Jack, Do you fully understand the highlighted portion above???? Instead of every day, do it every week or maybe do it every month..... in five years you will surpass Bill Gates ! And let us assume you start with a capital of just Rs.10000/- and you double it every month, care to calculate and post the profit you make in the 60th month!!!
 
G

gunsho

Well-Known Member
#4
#4
JACKK said:
If anything & everything is possible under the sun, .. then this also is possible .. :!

cheers

jack
Click to expand...
Below is a quote I could recollect while reading this. Article is definitely not mine.

<snip>
Overconfidence is puzzling in many dimensions of our lives, not just financial. Intellectually, it lacks the knowledge and honesty that comes with wisdom, where one recognizes we are neither as good as our mothers think, nor as bad as our enemies think. Thus, I've always been a little perplexed by the idea that people find confidence so sexually attractive. Confidence is something I was lacking as a young man, and generally I would need several beers to initiate various courting rituals. While I understood that confidence was sexy, something I wanted to be, I couldn't fake it because I couldn't understand why something was both ignorant and desirable!!!
<snip>

Think/Practice a lot before putting in your real money :thumb:
 
onlinegtrash

onlinegtrash

Well-Known Member
#5
#5
>> I'll set a very easy tgt of 10% returns on my capital every single trading day.

Oh my...!

Enthusiasm of a beginners and dreamers... amuse me all the time :D
hey I used to think like that once up a time...

Do you know what's the average annual returns of the very very very best, top of the cream - day traders/quant traders (the guys with double Ph.Ds and all latest gadgets)/hedge funds/legendary investors ?

your dreams are way above the levels of above world class performers and you call it a easy target... what can I say!
 
S

SexyTrader

Well-Known Member
#6
#6
10% a month can be achieved. Though cannot be done daily!!
 
J

JACKK

Member
#8
#8
Dostho,

I thank you all for taking ur time & caution me. I'll keep that in mind.

I will try my level best & try for that 10% return.

Monday will be the d-day. Am hoping for the bestest.

I'll also post my earnings day on day. I'll try to put up a graph for the expected trajectory vs actual.

If I lose, I lose a max of 10K (before my next plan .. lol) & if I win, ..... :cheers:

Again, thank you frenz :)

Cheers,

Jack
 
J

JACKK

Member
#10
#10
rkkarnani said:
Hi Jack, Do you fully understand the highlighted portion above???? Instead of every day, do it every week or maybe do it every month..... in five years you will surpass Bill Gates ! And let us assume you start with a capital of just Rs.10000/- and you double it every month, care to calculate and post the profit you make in the 60th month!!!
Click to expand...
Hi rkk,

It is 1.152921504606847e+19 .. :yahoo: .. but i really don't know what does that mean .. :eek: .. :lol:
 
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