Current Bank Start Bank
TheSnapper $1 307,25 $198,00
Etoro $488,00
MrQ's Tips $88,77
Reserves $1 517,55
Total Funds $3 401,01 $198,00
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The horse betting went well yesterday, picking up $37,25. I just set them up in the morning and left them running all day. It's all I can do because I can't be around in the afternoon. To make Mr.Kelly happy, I will compound the profits into larger stakes as I go.
The Etoro team of financial trading wizards are a bit under water at the moment, down -$12 from the start bank of $500.
One thing which Mr.Kelly has noticed which pleases his heart about Etoro is that is has "built-in" compounding. YOu can select a trader to copy automatically for a fixed percentage of your bank. If that trader makes a profit, his "bank" within your bank also grows. Compounding profits. A winning trader will be trading for larger and larger amounts as his "bank" inside your bank grows. Super for compounding...at least in theory, we'll give it a few months to see how it works in practice. Can these wizards actually beat the market? Hmmmn...we'll have to see. Etoro gives you the chance to engage in Forex trading with low risk and a (very) small bank to check it out.
Still trying to get my chart back up and running. I think I'll have to make a new one...