August Totals
What an incredible month. It may be the best month I've ever had since the dot.com bubble days.
We had 81 total closed trades. First of all, I want to say that for me, that is an enormous amount of trades. We were certainly taking advantage of the market and its volatility.
81 total trades. 61 of those 81 trades were wins or nulls for a 75% winning pick percentage which still pales in comparison to our winning pick percentage in July.
20 of the trades were losing trades.
We had some huge huge huge winners in August.
The profit total from our winning plays came to $157,422.00!!! The losing trades resulted in $20,035.00 in losses. If you subtract losses from profits, you get a net profit total of $137,387.00 for the month.
Now I'll share some personal information with you. I removed $30,000 from the model portfolio this past month to eliminate all my credit card debt as well as purchase all new curtains and such for inside the house. I'm still sitting at STEP 142 on our progress chart after that.
Technically, I need to make 58 more trades at 3% or better to achieve that $1 million dollar mark. I'm obviously not going to go all in on any play but will continue to diversify and trade as I have.
I'm going to get there. I want to take as many people with me as I can. I understand that we are all at different levels but I receive many many PM's, and you can read public testimonials here on the board too. People who frequent the campus are seeing their accounts grow by leaps and bounds. You will find that as your dollar total increases, and you manage money correctly ( I use all my margin which is risky but I feel my experience cancels the risk somewhat ), you should be doing very well over time
Remember that it is a marathon and not a sprint. Do not be in a hurry. Let's do it!
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