rjm77me's Blog : 100% profits in 6 weeks and sleep like a baby

I have compiled a list of 80 stocks and back tested them and it meant 100% plus profit in 6 weeks time.
It meant buying the stock just a day before and buying puts to protect in case the stock does not go up as projected. Average profit was 5% overnight and one gives up 2.5% when buying puts.
Not bad for sleeping like a baby and enjoying the gains.
$10,000 x2.5% = $250 or say $200 with slippage and commissions.
80 trades profit = 80 x 250 = $20,000. Sometimes one may not be able to make trade due to multiple stocks on same trade date - say you select 40 trades only - still 40x250 = 10,000
The requirements will be - one must have a day trade account or $25,000 in your trading account and low trade commissions. (Example - Trade Station or Interactive Brokers as your trading platform - commission is $1 per 100 shares or $1 per option contract - one buys 100 to 500 shares and 1 put for every 100 shares)
The trick is finding the right stocks for your buy list. It took me 100 hours of work so far and will require 1 hour per day to select/ execute the trade each day.
Keep checking my blogs when I start offering trades for free.

One start with $25,000 and never use more than 10,000 to 15000 on a given day and in a year one can have a nest egg of $100,000. That is where one can decide to go full time with potential $200,00 per year as income. It has taken me 5 years of learning to get to this point.

I will seek 5 beta testers for next earning cycle from this web site or I may ask my friends to participate.
Please do not start throwing stones or nasty remarks - one does not know who will have the last laugh. I will welcome suggestions based on your personal trading experience.
Even if you go back and compound my closed trades on this web site my nest egg would have increased 85% in last six months. Then discount it by half and it still leaves 40% return in last 6 months. The most of trades were not based on my new stock list which is 4X better.