A
few months ago, we were very happy to announce our very first " PM
Traders of the Month " winner ...
Our friend and play pal, Douglas
MILLER !
Douglas is being honored today in our HALL Of FAME as the
WINNER of our "PM Trader of the Month" contest
Doug lined up an amazing return of 19%
for that month !... (this is 228% annualized!...
VERY
IMPRESSIVE!).
Doug initially met with Pascal for some private tutoring sessions in
August of 98 (he is one of our very first members).
Our most sincere CONGRATULATIONS
to DOUG for being our very first "PM Traders of the Month". He more
than deserves it and he really is a fine trader...
Here
is of a friendly "Question & Answer" with our friend Douglas...
YOUR MONTHLY NET RETURN for that month:19%
Your FIRST NAME: Douglas
Your LAST NAME: MILLER
Your AGE: 39
Are you a PART TIME or a FULL TIME TRADER ?: Full Time
HOW LONG HAVE YOU BEEN TRADING: 10 months
HOW MANY TRADES DID YOU DO DURING THAT MONTH (rough estimate is fine): 45
IN YOUR TRADING...
WHAT'S YOUR BEST STRENGTH :Finding the stock that is going to make a move.
WHAT'S YOUR WORSE WEAKNESS: Always, Always, Always wanting to short the top.
ANY ADVICE FOR our BEGINNERS?: Never enter a trade until after it breaks
through the resistance. Many times, the stock will hit the resistance and
then immediately back off (of course right after you got in).
PERSONAL HOBBIES or PASSIONS: anything that keeps a 39 years old retired person
busy!
OTHER COMMENTS or REMARKS?: USE THE CHAT ROOM.
Thanks a lot to Doug for taking the time to share those answers with
us!
Please note that, generating that return
in 45 TRADES simply means that Doug truly "EARNED" every
single dollar of those 19%!!! ... it is not like he "just got lucky" by
buying a stock which, out of pure luck, happened to run up 19% in 2 weeks and generated
all or most of that return.
When you "build your castle one brick
at a time", you learn a skill which you can then REPEAT at will, over and over again. You
do not depend on some "pure luck" of hoping to hit a big winner from time to
time. And the fact is that Doug just happens to be very skilled at doing just that,
hitting and TAKING OFF the table a LOT of decent winners and cutting his losers while they
are still small.
The end result of those skills is an impressive monthly return and this is a GREAT LESSON
for all of us!
Information: (919) 490-0463 E-mail
us at: pm@pmtraders.com
This is not an offer to buy or sell investments or securities in any jurisdiction.
Do not make any investment/trading decision without first doing your own due
diligence.
- Trading can be VERY RISKY -
ONLY trade money which you
can afford to LOSE totally
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(All charts on this website courtesy of Quote.com. Our Thanks to
K. Swan for
his Java applets)
