Captain Pugwash wrote:MightyOne wrote:
I prefer something more like this:
$1000 into $10000: check for $8750
$1250 into $12500: check for $10937
$1560 into $15600: check for $10600 (67.95%)
$5000 into $50000: check for $43750 (87.5%)
$6250
$7800
$25000
etc
This post is only for the thickos like me
my notes in green with blue numberingIt took me ages - because of my effin awful math - to understand this post - but i felt it was worth the effort for the future
so I put in some notes - this might help someone who, like me, has only one math neuron
$1000 into $10000: check for $8750 1 This seems like, after adding a zero, deduct 12.5% Then use that 12.5% to initiat the next round with and bank/spend the rest. (87.5%) that we keep $1250 into $12500: check for $10937[/color]
2 This seems like, after adding a zero, deduct 12.5% Then use that 12.5% to initiat the next round with and bank/spend the rest. (87.5%) that we keep $1560 into $15600: check for $10600 (67.95%)
3 £15600 divided by 100 multiplied by 67.95 = 10600. Therefore 5000 is used as the starting point for the next round (67.95%) that we keep -yes its reduced, So every round three we reduce our percentage check - but its more in cash terns $5000 into $50000: check for $43750 (87.5%) back to 1 $6250
back to 2 $7800
back to 3 $25000 back to 1 etc
If this aint right my heads gonna explode
Seems correct but the exactness isn't even important.
It is the overall idea that means anything!
take $1000 and turn it into $10,000, withdraw
$7000 and buy your girlfriend a nice gift.
take $3000 turn it into $30,000, withdraw
$20,000 and take a trip.
take $10,000 and turn it into $100,000, withdraw
$30,000 and pay some bills.
knowing MO i'm sure he used some kind of number
sequence, but the idea is more important. Which is
the same for most of what he shows. because you
and I will not trade exactly like him.