17th April 2013, 10:19 AM
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Member
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Join Date: Nov 2010
Posts: 258
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Quote:
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Originally Posted by Benny
I plane to start with a bank of $500. Any suggestions on how to generate an income. I'm hoping to double it every 30 days if possible.
I normally back between 3 and 5 horses a race.
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put your bank in a real bank ( hopefully at high interest) and get a job.
else that plane that you mention will be banking all right - straight into the side of a hill.
seriously it is impossible to double a bank every month.
maybe once every now and then -but long term forget it.
the best professional is happy with long term 5% POT.
forget all this other rubbish about 20%+ POT and all that - it is **** and back data fitting.
At 5% daily POT and betting 10% of your bank per day you will make $2.5 per day and thus $75 per month.
That my friend is as good as it gets and you can take that to the bank. |