Good Morning Pat and Team,
I have a statistics question if that’s ok I’ll keep it short, im a civil engineer so I have to make the number work in my head 😊, im not currently trading really I’m sitting the background learning whilst raising money for my account so these are the thing I ask myself.
I am reading Mark Miniverni’s Book currently so the question stems from this, please tell me if you think I’m completely wrong.
I want to double my account in a Year (feasible I think) with compounding I’ve calculated I could with 10 trades of 10%, crude I know but a guide of what is possible.
If you have an account that you split into 4 amounts for Risk, wouldn’t this mean id need 40 trade of 10% to double my account?
My Real Question is do you think its possible to have 40 stock in a year to make that can make move??............ Im looking at it from a Risk point of view, to have 40 stocks that work, would mean I might take 80 trades if I factor in the ones that didn’t work.
I don’t want it to be a pressure cooker like you have said in webinars and with me being a novice and having no metrics I’d like to know what is feasible in terms of how many stock can move in 12 months. Â
Sorry if this was long winded
Regards
Michael