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13th September 2007, 07:27 PM
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Member
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Join Date: Jan 1970
Posts: 2,428
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If the $300 target reprsents 5% of total bank which in this case would have to be a $6000 bank , then it is possible to make the $300 target amount.
One will find that achieving the first 5% target of any bank is a lot less difficult than it is to target say 7-10% of bank .
The other thing is that one must stop once the 5% is struck otherwise one faces the very big risk of giving it all back.
This is a patience & discipline thing, which very few punters have.
Cheers
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Cheers.
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