Double A Penny - Step 20 - Anonymous Rex

How To Double Your Way To A Million In 28 StepsDTAMP - Double To A Million Plan Blog
Because my responses to an Anonymous commenter are so long I have been adding them as full blown blog posts. I may or may not be able to continue to do this. I am undecided.Here is one such post:

Thanks for your comments. I will try to address each of your points.

Anonymous said... i'm resisting the urge to click on that link. might find i already have lifetime membership.

Xin's Response: It is possible you are on the membership roster of The Dorker's Club of America .

Anonymous said... anyway, as usual random tidbits:
first off i'm rather impressed w/ your "inner voice's" batting avg. amazing.

Xin's Response: The inner voice is always correct. Whenever there is a problem it is my response to it. Although this has nothing to do with the inner voice, each stock has a personality, it has it's moods, it's behavioral patterns.

When you find a stock or type of stocks that match your personality, not identical, but rather a match and you are able to get to know it, you feel it's desires, wants and determinations.

Anonymous said... 2ndly, are you prepared to wait long enough or do a stop-loss when something unforseen happens?

Xin's Response: Presently, I am not doing any stop-loss scenario and I am willing, although I would not be very happy about it, waiting long term until the trade returns to a profitable mode. If it is long enough there may also be dividends made in that time period.

Anonymous said... what i've heard is that random rewards generate more loyalty. think "gambling." i believe the stock mkt is as close to that as poss even if we decieve ourselves by saying it is not.

Xin's Response: I am finding that consistent winnings increases my confidence and comfortableness with what I am trading. Random rewards is iffy and there is no level of certainty. Although I am not 100% certain with the stock trades, I am finding the longer I do the correct thing (i.e. obey the inner voice), the more successful I am finding I am. I agree that trading stock is highly risky.

Everything has it's degree of risk, or gambling temperature. Crossing the street on my home's dirt road is far less risky then crossing the street in downtown Manhattan. I prefer to use the word speculation when trading stock as opposed to flat out gambling.

Anonymous said... that said, i am very interested in your big wins in the mkt. ;oP

Xin's Response: Actually, the wins haven't been big, but rather many small ones that when added together begin to accumulate surprisingly quickly. I do not feel comfortable revealing the results of my personal accounts on the internet.

Anonymous said... but, as little as i know about the actual "plan," i feel you should be starting a biz instead.

Xin's Response: The thing with DTAMP is the plan reveals itself as progress is made. I do not know what the plan is, but I am assured that the plan will make itself known, and has been all along the way. It may not have been what I wanted, it may not have been glamorous or exciting or tremendously profitable, but it was alway what I needed to accomplish the present step. Regarding starting a business, perhaps that may occur.

I have tried starting businesses all my life since I was 16 years old, it never seemed to work for me. Something would always come along and totally destroy everything I managed to build. I would start over and again and again, destruction in one form or another.

Finally after 34 year I decided to stop. Instead I took another avenue. The Double Your Way To A Million Boulevard. It meant no preconceived ideas, not looking into the future, not trying to figure anything out. Just going with the flow. I am alot happier doing it this way. Will I make it to the million? Who knows. I am only concerned about Step 20 at this point.

Anonymous said... rather than "grind out" your returns, you might consider other "investments" that might take a lot longer to plan and a lot longer to complete, but should prove to have better ROI. they also, might prove to take less time as it seems grinding away in the mkt takes time to actually double ones original stake.

Xin's Response: Perhaps in time the longer term plans may come into effect. I am open to it. At this point grinding away at the stocks is what is working and what I feel is the correct thing for me. When it comes time to do something different it will make itself known and hopefully I will see it and be able to begin working on it. I do not mind taking the time to trade and I am happy with whatever it gives me. I am content.

Anonymous said... to be fair and "give back" i'll give away something that i think you and your readers might be able to get together and do something with. ( if i had a penny from each of you that just rolled your eyes! )

Tele-Novela!

yes, i'm serious. start w/ a short story and go with it. there's got to be a way to take your journey and cash in on it! write a soap opera!

what? more eye rolling!?! ;o)

Xin's Response: :-) I met someone on Second Life who comes from Brazil and she was writing for soap operas. She apparently was doing very well. It is something to consider.

Anonymous said... another potential "investment" would be to spend some money on skool or a class or something that would give you more tools to enjoy life and poss improve your doubling.

Xin's Response: Another good idea. I have been considering it off and on throughout the years. I like doing graphics, learning how to do it better might help.

Anonymous said... FINALLY, ONE LAST comment:

to quote you, "My goal in life was to be the Captain of a Starship. I never made it."

i hate to be the one to break this to you, but any reports as to your death are exaggerations! ( unless, of course, you're witholding some info. )

so, i very much wish you the best in accomplishing this goal. perhaps those of us with the "right stuff" could serve. but PLS do not kill us off just because we're not the regulars or have official "names."

Xin's Response: hahaha... thank you. Ahhhhh the dreams of my youth. I had such spunk in those days. Determined to make reality fit my desires.

Secretly, I still dream of Captaining my own Starship, visiting far off exotic nebulas or stars going supernova or planets filled with beautiful alien females (well, I don't know about the supernovas).

Perhaps one day you will join me as crewman number six. With the red shirt. That lives long enough to hear the doc say, "He's dead Xin". :-)

Anonymous said... ty and good luck.

Xin's Response: You too crewman number six.

Present Stake: $2719.22

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.

Regards,

Xinfinitum



This Double A Penny Blog is based upon the Doubling Method "How to Double Your Way to a £Million in 28 Steps". Using the Doubling Rule it is an attempt to "Double Your Way to a Million" by going from one penny to a million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

Double Your Way To A Million
How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
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