Double To A Million Plan: Double A Penny - Step 20 - Tis The Season

Double To A Million Plan

Double Your Way To A Million
DTAMP
Starting with Nothing, Ending with a Million Dollars.

Author: Xinfinitum

Sunday, December 20, 2009

Double A Penny - Step 20 - Tis The Season

How To Double Your Way To A Million In 28 Steps
DTAMP - Double To A Million Plan Blog


To Take A Beating. Bah! Humbug!

Oil spent most of the month coming down and so did the DTAMP stake. Almost every move I made this month with trading was bad. When you make one mistake, it is as if you get out of sync and everything you do after that just compounds on the mistake with additional ones.

It is hard to walk away but under those circumstances that is what you must do. I didn't.

In my last post I talked about wanting to get into SCO and not doing it. My gut said to do it. I disobeyed. SCO went up a long ways. I kept on trying to trade UCO even though my Inner Voice was saying walk away for a while. My outer voice (My Wife), was saying the same thing.

Did I listen...Noooo. When one gets into this state, it is almost like drowning. You are supposed to be calm, but instead you thrash around, taking down the person who is there to help you. Every trade I got into was just thrashing around. I needed to be still and calm, listen to the inner voice and not trade.

But I didn't do what I was supposed to and the DTAMP stake drowned in losses.

Here is the outcome and it was ugly:

DTAMP Equities Plan Report:

12/07/09 - Buy - 328 shares of UCO @ $11.999 p/s - Total $3935.67
12/08/09 - Sold - 328 shares of UCO @ $11.591 p/s - Total $3801.84
Total (-$133.82) - ($18.00) Fees = (-$151.82)
Net Gain of (-3.84879)% in the Amount of (-$151.82)

12/10/09 - Buy - 352 shares of UCO @ $10.789 p/s - Total $3797.73
12/10/09 - Sold - 352 shares of UCO @ $10.711 p/s - Total $3770.27
Total (-$27.46) - ($18.00) Fees = (-$45.46)
Net Gain of (-1.19422)% in the Amount of (-$45.46)

12/14/09 - Buy - 348 shares of UCO @ $10.769 p/s - Total $3747.61
12/15/09 - Sold - 348 shares of UCO @ $10.85 p/s - Total $3775.80
Total ($28.19) - ($18.00) Fees = ($10.19)
Net Gain of (+0.27126)% in the Amount of ($10.19)


Present Stake: $3795.64

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Theme Song: Chumbawamba - Tubthumping

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

"For The Next Chronological Post Click Here"

3 Comments:

Blogger robert said...

hi ! nyc post . like it .

- can we be friends ?

support my blog
http://boutmoviereviews.blogspot.com/

comment back to my blog :)

Tuesday, December 22, 2009 8:32:00 AM  
Blogger robert said...

thnx . for commenting me back

- wish i could link your blog to mine, same as mine to yours . :)

ill follow this blog . would you follow mine too ?

Tuesday, December 22, 2009 12:54:00 PM  
Blogger Xinfinitum said...

Hi Robert,

Your welcome.

I would be happy to exchange links. I will add your blog to my "Other Comrades" section.

Please add my blog to yours in return. I will follow your blog also.

Thank you,
Xinfinitum

Tuesday, December 22, 2009 4:11:00 PM  

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