Comments on: How to turn $100,000 into $6 Billion+ on inspectd.com http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/ Beauty is in the eye of the shareholder Tue, 07 Oct 2008 20:18:22 +0000 http://wordpress.org/?v=2.6.1 By: Ugly http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36370 Ugly Sun, 06 Apr 2008 20:52:08 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36370 Shane, I was looking at volume also and I did not ignore low priced stocks. Shane, I was looking at volume also and I did not ignore low priced stocks.

]]> By: Shane M http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36363 Shane M Sun, 06 Apr 2008 01:10:07 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36363 Very cool. I'm playing over there right now, and can't quite get the knack of it. Were you looking at volume also or mostly looking long upterm trends? did you ignore the low price stocks? Very cool. I’m playing over there right now, and can’t quite get the knack of it. Were you looking at volume also or mostly looking long upterm trends? did you ignore the low price stocks?

]]> By: Grendel http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36323 Grendel Fri, 28 Mar 2008 22:27:13 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36323 I got curious and tried it. The results after two hours... Account: $13,920,353.56 Profit: $13,400,260.40 (since registering) Trades: 465 Winners: 269 (57.8% of trades) Average Profit: 1.81% Standard Deviation: 14.82% Worst trade: -65.73% Best trade: 115.23% Days In Market: 9,433 Not sure how to read the "standard deviation" number, the rest is self-explaining. I guess I'll try the advanced version or a depot with virtual money and current stock prices just for kicks. I got curious and tried it. The results after two hours…

Account: $13,920,353.56
Profit: $13,400,260.40 (since registering)
Trades: 465
Winners: 269 (57.8% of trades)
Average Profit: 1.81%
Standard Deviation: 14.82%
Worst trade: -65.73%
Best trade: 115.23%
Days In Market: 9,433

Not sure how to read the “standard deviation” number, the rest is self-explaining. I guess I’ll try the advanced version or a depot with virtual money and current stock prices just for kicks.

]]> By: Cedric http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36249 Cedric Mon, 24 Mar 2008 10:17:55 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36249 Well I followed your lead, only trending longs, no shorts and I just end up breaking even or losing. I get the feeling trading is more art than science. At the very least my definition of an uptrend must be screwed. In any case my hat's off to you. Well done. Oh but to have such skills... Well I followed your lead, only trending longs, no shorts and I just end up breaking even or losing. I get the feeling trading is more art than science. At the very least my definition of an uptrend must be screwed. In any case my hat’s off to you. Well done. Oh but to have such skills…

]]> By: Fyrebot http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36245 Fyrebot Sun, 23 Mar 2008 17:13:10 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36245 Just like my real life trades! Many of the up-trends that I bought reversed, causing a loss. Many of the down-trends that I skipped ended up bouncing for double-digit gains. Just like my real life trades!

Many of the up-trends that I bought reversed, causing a loss. Many of the down-trends that I skipped ended up bouncing for double-digit gains.

]]> By: Jason Coleman http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36244 Jason Coleman Sun, 23 Mar 2008 15:00:55 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36244 I don't know what timeframe they sourced the charts from, but I was assuming a short-side strategy would work best since the market has been down over the past year. I don’t know what timeframe they sourced the charts from, but I was assuming a short-side strategy would work best since the market has been down over the past year.

]]> By: Ugly http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36241 Ugly Sun, 23 Mar 2008 14:30:03 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36241 workpost: thanks man eyal: yeah it is pretty simple - just look for the trends before hitting 'buy' - I think anyone can do it. But what it proves, in my opinion, is 1) that the efficient market hypothesis is BS, and 2) TA works. workpost: thanks man
eyal: yeah it is pretty simple - just look for the trends before hitting ‘buy’ - I think anyone can do it. But what it proves, in my opinion, is 1) that the efficient market hypothesis is BS, and 2) TA works.

]]> By: eyal http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36238 eyal Sun, 23 Mar 2008 03:41:05 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36238 Nicely done. I like how you skip all the noisy charts, pause briefly to analyse the trending ones, quick decision and then repeat again and again. Nicely done. I like how you skip all the noisy charts, pause briefly to analyse the trending ones, quick decision and then repeat again and again.

]]> By: Workpost http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36236 Workpost Sun, 23 Mar 2008 02:52:29 +0000 http://www.uglychart.com/2008/03/22/how-to-turn-100000-into-6-billion-on-inspectdcom/#comment-36236 That is pretty awesome. You are a stock-trading samurai. That is pretty awesome. You are a stock-trading samurai.

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