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« SK Option Trader Closes Short VIX trade for a 19.16% Annualized Return | Main | Uranium Prices Expected to Firm Up By Year-End »
Thursday
Aug232012

Doug Casey's Ten Tips on Speculation and Life

By Doug Casey, Casey Research

In this interview, Doug Casey outlines the difference between savings, investing, and speculation, justifies why he would rather risk 10% of his portfolio on speculating for big gains than 100% hoping for just 10% gains, and explains why, as safe as you might think it is, the money in your bank account may never be given back to you.

Click here to see what Doug has to say about speculators, gamblers, and life.

 

Regarding www.skoptionstrading.com. We recently closed a trade involving the S&P which generated a profit of 25.61% and was opened just 8 days ago, the charts and stats have now been updated.

Our trading success rate is 91.00%

91 profitable trades out of 100.

Our model portfolio is up 455.14% since inception

An annualized return of 81.15%

Our annual performance figures are as follows:

2009 We made a profit of 23.89%

2010 We made a profit of 158.66%

2011 We made a profit of 40.95%

In 2011 we outperformed:

S&P by 42%

HUI by 53%

Gold by 31%

Silver by 41%

The 2011 Annual Report by be accessed via this link.

 

Also many thanks to those of you who have already joined us and for the very kind words that you sent us regarding the service so far, we hope that we can continue to put a smile on your faces.

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