J. M. Hurst "The Profit Magic of Stock Transaction Timing" Summary Publisher: Traders Press Year: 2000 ISBN: 0934380627 Pages: 223 Pages Format : PDF Size: 7 MB Download
Can a $10,000 investment yield $1,000,000 in a year? In five years? If so, what is the risk involved?
These are the kinds of questions to which this work is addressed. Such fantastic results are possible in the stock market. Individual issues fluctuate widely enough and often enough to permit this and more. Techniques are presented here that put an average yield on invested capital of 10% per month, well within the realm of possibility. Compounding profits at this rate, such a yield can return $1,000,000 on a $10,000 investment within 50 months.
An actual trading experiment will be described using these principles which produced an 8.9% yield per transaction--every 9.7 days. Such a yield, if continued, compounds $10,000 to $1,000,000 in 15 months. If such results can be attained in the market -- why isn't everyone doing it?
J. M. Hurst "The Profit Magic of Stock Transaction Timing"
Summary
ReplyDeleteCan a $10,000 investment yield $1,000,000 in a year? In five years? If so, what is the risk involved?
These are the kinds of questions to which this work is addressed. Such fantastic results are possible in the stock market. Individual issues fluctuate widely enough and often enough to permit this and more. Techniques are presented here that put an average yield on invested capital of 10% per month, well within the realm of possibility. Compounding profits at this rate, such a yield can return $1,000,000 on a $10,000 investment within 50 months.
An actual trading experiment will be described using these principles which produced an 8.9% yield per transaction--every 9.7 days. Such a yield, if continued, compounds $10,000 to $1,000,000 in 15 months. If such results can be attained in the market -- why isn't everyone doing it?