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wdcisco's $312 to $10k Challenge....!!!
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[QUOTE]Originally posted by bilgert: [QB] One other comment- I recommend you set your trading rules early, i.e. when to sell, when to take a loss, etcetera. A challenge like this is as much about money management as it is about getting on a hot streak and finding winners. I think the best example I've seen of this is a challenge a professional poker player (Chris Ferguson) took up on Full Tilt. His goal was to start with NOTHING and to build it up to $10,000. He started by participating in freerolls and getting enough capital (about $6, I think) and then carefully managing his bankroll. It took him about a year and a half but he did it! He did the challenge as an exercise in bankroll management. He hasn't completely documented his quest, but my understanding is that early on, he went broke early several times and it forced him to reevaluate his strategy- and adopt a fairly conservative, but reasonable approach. I believe he has a degree in game theory, so he's no dummy. Again, good luck! [/QB][/QUOTE]
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