6th May 2009, 06:39 PM
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Banned
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Join Date: Jan 1970
Posts: 868
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Quote:
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Originally Posted by Mike367
I agree with completely with your comment but when us newbies start, our banks can be fairly small. So betting a small % of our bank gives small returns.
So we must double our bank several times before our "designated profit" is a decent size.
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very true Mike, so starting with a small bank betting .5% to 1% recalculating daily, weekly whatever cannot get you into to trouble & if your good enough to make a profit (& yes spend it) starting off in such a way lays a sound foundation |