About tradingaddiction
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Investor type:
Self-Directed
[?]
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Years investing:
5 - 10 years
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Interested in:
Equities, Options, Other Derivatives, Currencies, Mutual Funds, Mutual Funds, Foreign Investments, Real Estate
I am somewhat of a hybrid investor but I rely mostly on technical analysis, and my favorite investment vehicle would be stock options.
I run my own blog Trading Addiction
http://tradingaddiction.blogspot.com/
whose main purpose is to show the power of the financial markets, and in order to demonstrate this I'm going to turn $10,000 into $1,000,000 in 2 years or less using various financial instruments, but mostly options and stock. This formula should help show how this is going to be possible
Vn= 10,000(1 + .20)^26 Vn= 1,144,755
basically this means that if I can earn 20 percent each month in 26 months (2 years 2 months) I will have generated $1,144,755. So my goal each and every month is to generate at least a 20 percent gain.