We are proud of what we have accomplished, but our current aggressive trading technique is useless for a real account. It's much too risky. No matter how good a trader may be, mistakes are bound to happen, and our current technique just doesn't leave room for them. This is irresponsible, and we do not want these bad habits to become the norm, so we are going to scrap all of our work thus far and begin working on a more conservative system.
In preparation for this trading research our virtual account will be reset and given a paltry $10,000. Our goal will be to consistently gain 7 to 10% a month. Risk will be minimized by using fewer stock options, more stocks, and by diversifying our portfolio. Positions will be held longer than before making market timing less crucial.
From September 25 to November 2nd the ERC Trading website will be silent while we conduct preliminary research and execute test trades. We will report our findings on November 2nd. The technique will then be used for 6 months afterwards to see if it can succeed in consistently gaining 7%-10% per month.
We will be back on November 2nd. Until then, goodnight and good luck.
Old Aggressive Account Update
- Starting Value: $100,000.00
- Current Value: $189.016.28
- Account % Gain: +89.01%
Positions
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