For years, people have always asked how much I make trading, but have never taken the time to ask how I made the money I did. Most traders want to think they are trading when they are “hunting for the next 10 bagger” when, in reality, all they are looking to do is “get lucky” – a gamble that pays off and pays back some of the losses on previous gambles.
It’s for this reason that I have decided to share the “32 Trades Concept” which I have used (and still use) to both help new traders get well established, as well as to assist veteran traders to have a strategy prepared in advance so as to eliminate as much of the internal risk we all deal with: Taking Profits.
The 32 Trades Concept is simple mathematics: Period.
The secret is finding the trades which will both fulfil the determined outcome and be able to handle the dollar amount which will provide for the expected result. When you take the simplicity of the concept to heart, you quickly realize how many times you have already surpassed the results, yet are still not at the level which was initially expected simply because trading versus gambling was overlooked.
There are various customizations which I make and can be applied while using the 32 Trades Concept as a trading tool. But, before getting into how to “tweak” the system, have a look at just how fast a small percentage gain like 30% on the right trades builds an account from $1,000.
The 32 Trades Concept
Trade # | Trade Amount | * % Gain | Profit | Trade + Profit |
1 | $1,000 | 30% | $280.02 | $1,280.02 |
2 | $1,280.02 | 30% | $364.03 | $1,644.05 |
3 | $1,644.05 | 30% | $473.23 | $2,117.28 |
4 | $2,117.28 | 30% | $615.20 | $2,732.48 |
5 | $2,732.48 | 30% | $799.77 | $3,532.25 |
6 | $3,532.25 | 30% | $1,039.69 | $4,571.94 |
7 | $4,571.94 | 30% | $1,351.60 | $5,923.55 |
8 | $5,923.55 | 30% | $1,757.08 | $7,680.63 |
9 | $7,680.63 | 30% | $2,284.21 | $9,964.84 |
10 | $9,964.84 | 30% | $2,969.47 | $12,934.31 |
11 | $12,934.31 | 30% | $3,860.31 | $16,794.63 |
12 | $16,794.63 | 30% | $5,018.41 | $21,813.03 |
13 | $21,813.03 | 30% | $6,523.93 | $28,336.96 |
14 | $28,336.96 | 30% | $8,481.11 | $36,818.07 |
15 | $36,818.07 | 30% | $11,025.44 | $47,843.51 |
16 | $47,843.51 | 30% | $14,333.07 | $62,176.59 |
17 | $62,176.59 | 30% | $18,633.00 | $80,809.58 |
18 | $80,809.58 | 30% | $24,222.89 | $105,032.48 |
19 | $105,032.48 | 30% | $31,489.76 | $136,522.24 |
20 | $136,522.24 | 30% | $40,936.69 | $177,458.93 |
21 | $177,458.93 | 30% | $53,217.70 | $230,676.63 |
22 | $230,676.63 | 30% | $69,183.01 | $299,859.64 |
23 | $299,859.64 | 30% | $89,937.91 | $389,797.55 |
24 | $389,797.55 | 30% | $116,919.29 | $506,716.84 |
25 | $506,716.84 | 30% | $151,995.07 | $658,711.91 |
26 | $658,711.91 | 30% | $197,593.59 | $856,305.50 |
27 | $856,305.50 | 30% | $256,871.67 | $1,113,177.18 |
28 | $1,113,177.18 | 30% | $333,933.17 | $1,447,110.35 |
29 | $1,447,110.35 | 30% | $434,113.12 | $1,881,223.47 |
30 | $1,881,223.47 | 30% | $564,347.06 | $2,445,570.53 |
31 | $2,445,570.53 | 30% | $733,651.18 | $3,179,221.71 |
32 | $3,179,221.71 | 30% | $953,746.53 | $4,132,968.25 |