
9th June 2005, 06:32 PM
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Member
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Join Date: Jan 1970
Posts: 479
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P57, all I was trying to say is that you have an edge on the punt you can make more with a minimal outlay.
If you have $10,000 to spare you can make more on the punt than with shares because it is possible to turnover so much more money.
Personally I started with $2,000 and in 2 months have turned over $150,000.
That means over a year I would turnover about $1 million. If I can return a 1% POT then that would be a hell of a lot better than a 10% profit on $2000 invested in stocks...
Yes you would be much better off just investing that million dollars on the stock market, but........
I am in no way making any claims about making any money or having an edge, just providing a point. I do realise the difference in comparison to shares and horses, and apples and oranges and all that.
And yes, I agree the more profit the better, but my initial aim is just to make a profit.
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