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Turning 5,000 dollars into 50,000 dollars

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Well done insider.
at $5.66 your there.
Now for your new challenge,can you double it before the end of the 12 mth's.
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Good luck
 
Congrats mate!

In all honesty, I didnt think you had a hope in hell, you've done bloody well.

Now the real test will be holding onto that profit...
 
Thank you all very much... I'm really happy and just a day after my 21st birthday I broke the $50,000 barrier...:D :band :bier:

There are new challenges in the horizon ahead and I'll get back to yas later about.

To be continued...
 
insider said:
Thank you all very much... I'm really happy and just a day after my 21st birthday I broke the $50,000 barrier...:D :band :bier:

There are new challenges in the horizon ahead and I'll get back to yas later about.

To be continued...
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Yes well done Insider, certainly a story to tell the grand kids one day!

Good luck in the future too.

Cheers,
 
insider said:
Thank you all very much... I'm really happy and just a day after my 21st birthday I broke the $50,000 barrier...:D :band :bier:

There are new challenges in the horizon ahead and I'll get back to yas later about.

To be continued...
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Well done too, now please take the profit and spend 20% of that into education. I'm sure if you are committed and willing to take the time to learn appropriate money management techniques and position sizings, you can make consistent profit in the future.

It's a great time to reflect what you have done so far and do some readings and ask yourself what have contributed your recent extremely profitable trade and what could have got wrong.
 
Some birthday present, Insider!

Congratulations. I'm so pleased for you.

Don't want to rain on your parade but don't be deluded that it will always work out that way.

What are you going to do with the money now?

Maybe take some profits to lock them in?
 
Temjin said:
Well done too, now please take the profit and spend 20% of that into education. I'm sure if you are committed and willing to take the time to learn appropriate money management techniques and position sizings, you can make consistent profit in the future.

It's a great time to reflect what you have done so far and do some readings and ask yourself what have contributed your recent extremely profitable trade and what could have got wrong.
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thanks heaps Temjin you gave me some great insight... I realize the potential damage this thread could do to somebody if they tried the same technique so I will no longer post my holdings...

So to the newbies: assume that I hold nothing, learn techniques, learn risk management, do your own research, always question your companies and always have something better to do so you can take your mind off shares... I'm already preparing myself for the crash of the century I call it 'Plan B'

Good luck to everyone and thank you
 
You finally got there... great job Insider! Congrats!

Now when do I get my cut?! :D
 
Julia said:
Some birthday present, Insider!

Congratulations. I'm so pleased for you.

Don't want to rain on your parade but don't be deluded that it will always work out that way.

What are you going to do with the money now?

Maybe take some profits to lock them in?
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Hey Jules

I'm thinking of diversifying... PNN, CTS, EME are in my sights...

I'm going to fund some money for superannuation because I don't have any...

Maybe buy that motorbike I wanted... but of course all with proper timing...

so many possibilities...
 
insider said:
Hey Jules

I'm thinking of diversifying... PNN, CTS, EME are in my sights...

I'm going to fund some money for superannuation because I don't have any...

Maybe buy that motorbike I wanted... but of course all with proper timing...

so many possibilities...
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I think you are as young as me so FORGET ABOUT SUPER.
You wanna enjoy your life and wealth before you get to 60.

Yeah, buy that motorbike, why not, splurge with the paper! :D

As for EME, look at JRL for cheaper entry.

Mind you, MTN doesnt look like slowing down...
 
Joe Blow said:
You finally got there... great job Insider! Congrats!

Now when do I get my cut?! :D
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Your cut? :eek:

I'll tell you what, I'll sell you a car... this one here can fit twelve bodies in the trunk... it drives like a boat, it's almost like it belongs in the Hudson River...
 
Hey Insider! Congratulations. You've done a fantastic job ^_^

Just to report back my experience, I've turned 10K into 42 since December 2004.

That is nowhere near as impressive as your monster effort, but I've learnt a lot of lessons and taken some hard hits along the way - which have made me a more intuitive trader.

We're both young (im 22 atm), and hopefully we can carry these skills with us as we go about our respective careers. Given your skills, I imagine this might even be as a fulltime trader!

Once again - congrats and if you're ever in Perth - PM - its always a good time to catch up over a cold one, or a coffee ^_^
 
"NO! nO! Can't be done, Better to Take the money to a casino" Blah! Blah! Blah! Must be fun now to look back on all those comments.

Why stop now, be a bit more cautious but make the $50,000 into $500,000 it's exactly the same maths but multiplied by 10. ;)

CONGRATULATIONS!!! :D
 
Still holding the shares Insider?

Are they still worth $50K now MTN's back at $5.50?

Insider said:
I'm thinking of diversifying... PNN, CTS, EME are in my sights...
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Or, did you 'diversify' into these other uranium speccies. :) ;)
 
insider said:
Your cut? :eek:

I'll tell you what, I'll sell you a car... this one here can fit twelve bodies in the trunk... it drives like a boat, it's almost like it belongs in the Hudson River...
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congrats mate. Well done. MTN is one of my favourites too.

Remember to call me on the red line right before you sell so I can top up when it dips. ;)
 
Hellyeah said:
nice progress you made insider... if you're still planing on selling mtn by the end of january i would recommend to pick rms(o) and mxr(o)...
Rms been one of the best performers for me last year with lots of upside... will go to 1$ this year imho... they got awesome tenements, gettin lotsa cash in their kitty with their open pit gold production on wattle dam and they have a big nickel ressource at hilditch which will be a mayor sp driver in the close future...

mxr also supposed to see some decent results regarding their gold exploration and uranium exploration in the close future.... it's also trading under NTA so it's really cheap right now... i would get set in the oppies as they provide a pretty good leverage....

anyway, good luck on your further progression and let me know if you picked any of those...cheers
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too bad you didn't act according to my advice , Insider...
If you had sold and gone into RMS and MXR as i suggested you would have been a rich man by now... just look at their charts :D ;) guess the Audi R8 will become reality now :D
 
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