Thread: ".25% A Week Club"

This is my first post so please forgive me if I stumble while taking my first steps. Anyway, I understand your objective but what are your methods of reaching the objective?

I'm interested. Anything that can help us get a better return than average is worth reading to me!

Originally Posted by KCinKC

This is my first post so please forgive me if I stumble while taking my first steps. Anyway, I understand your objective but what are your methods of reaching the objective?

I go by data,gut,and charts.

I have to say that this appraoch doesn't sound right to me. A goal of 12% or so a year is achievable in the long run as an average, but to try to actually make that much each year is faulty.

The market will have up years and down so to try to make 12% during a year where the S&P is down 10% or more (without being able to short), or to limit yourself to 12% (or to turn conservative once 12% is reached) when the S&P is up 25% or more makes this a tough proposition. But to average 12% is a different story. I do see you say "at least" 12%, which makes sense.

Good traders know (and I'm not one of them) that you cut losses quickly and let the winners run, so you should not get too conservative once 12% is achieved during a potential big year, and you can't get too aggressive in an attempt to make 12% in a down year. You'll probably be burned.

The 0.25% per week is even more problematic as there will be +1% or +2% weeks, and -1% or -2% weeks. Trying to make "just" 0.25% during the big positive weeks, and trying to make 0.25% in down weeks magnifies my concern mentioned above.

If I have this wrong, you'll have to explain it to me. Thanks!

Originally Posted by tsptalk

I have to say that this appraoch doesn't sound right to me. A goal of 12% or so a year is achievable in the long run as an average, but to try to actually make that much each year is faulty.

The market will have up years and down so to try to make 12% during a year where the S&P is down 10% or more (without being able to short), or to limit yourself to 12% (or to turn conservative once 12% is reached) when the S&P is up 25% or more makes this a tough proposition. But to average 12% is a different story. I do see you say "at least" 12%, which makes sense.

Good traders know (and I'm not one of them) that you cut losses quickly and let the winners run, so you should not get too conservative once 12% is achieved during a potential big year, and you can't get too aggressive in an attempt to make 12% in a down year. You'll probably be burned.

The 0.25% per week is even more problematic as there will be +1% or +2% weeks, and -1% or -2% weeks. Trying to make "just" 0.25% during the big positive weeks, and trying to make 0.25% in down weeks magnifies my concern mentioned above.

If I have this wrong, you'll have to explain it to me. Thanks!

Of course it is hard,however;it can be done. When I say 12%-13%, I meant at least12-13, not if I made that to stop. I am up almost that right now, and I am not stopping. The goal is to make as much as possible,but if we made just .25% a week on avg., we would be in great shape. The goal is to make the highest possible return and to have a cushion.

Originally Posted by Paladin

But that is everyone's goal on the MB: to make as much as possible without taking undue risks. How is this thread different from your account & account talk threads where you are also trying to make as much as possible? I don't understand how this thread will be any different from your other threads...

Maybe you can clarify the purpose since I seem to be a little batty today!

Maybe to generate traffic to get paid?

There seems to be plenty of tracking going on to determine who is doing what...

Originally Posted by SkyPilot

Maybe to generate traffic to get paid?

There seems to be plenty of tracking going on to determine who is doing what...

get paid? The reason for the club was for fun and nothing else. It seems more trouble than it's worth. It was just a fun way to see how double digit returns can be obtainable. I will not post in here again until next week. Whoever does not like the idea, please do not enter. This was just a fun idea I thought...that is all!!!

2 days into the club, we are up 1.43% for the week. We will be locking profits and go in to the G Fund for Friday. Employment report gets released and I feel it is better to stay sidelined for now. The next 2 days we will be in the I Fund. The start date for the year is 7-1-07 until 7-1-08. Have a feeling, the markets will start a sell-off Friday and go into next week. So far, we are up 1.43%, need 10.57% to meet goal ;however we are shooting for the highest possible return.

I'm not sure why this in the "member account talk" thread. Otherwise, it's a free site, do what you want. However, instead of bringing up only your "good calls", you might want to bring up your bad ones too. Keeps one humble........and accountable.

Originally Posted by mlk_man

I'm not sure why this in the "member account talk" thread. Otherwise, it's a free site, do what you want. However, instead of bringing up only your "good calls", you might want to bring up your bad ones too. Keeps one humble........and accountable.

hum·ble
1. not proud or arrogant; modest: to be humble although successful.
2. having a feeling of insignificance, inferiority, subservience, etc.: In the presence of so many world-famous writers I felt very humble.
3. low in rank, importance, status, quality, etc.; lowly: of humble origin; a humble home.
4. courteously respectful: In my humble opinion you are wrong.
5. low in height, level, etc.; small in size: a humble member of the galaxy.
–verb (used with object) 6. to lower in condition, importance, or dignity; abase.
7. to destroy the independence, power, or will of.
8. to make meek: to humble one's heart.
Don't really see where it applies to you mlk_man. Little help?

Didn't say it did apply to me suga. I'm not the one making all these market predictions and then patting myself on the back when I happen to get one right.

The one more important is "accountable" anyway. I'm sure you know I'm that.............

Thanks for replying to my post. Always nice to know you're watching............