Monday, August 24, 2009

Quest for a million begins

I cracked some numbers based on the compounding calculations and came to the conclusion that at the rate of 100%pa it takes an initial investment of Rs.4,00,000 a tenure of 4 years to compound to Rs.100,00,000 (1 Crore). Ofcourse there is no withdrawal of profit after every year and the profit is rolled into the capital. What I feel is if I keep myself disciplined, have a winning attitude, not bogged down by the intermittent losses and stick to my Wave3 trading system I can achieve that goal. I will be updating the progress on the right hand side box "Running total for a million" and "Trading sessions" everyday.

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