Making the rules more efficient « Double Your Way To A Million Project

Making the rules more efficient

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I was kind of thinking about just how the snakes and ladder rule would work. How do you actually say yes this trade has lost’s it’s money. You could wait around on a certain level saying that it still might pay off, when really you should be considering yourself on a lower level and working to get back up.

So i have decided to make a change in the rules already barely days into my project.  But that is the great thing about working with a project like this it is easy to change the rules.  However i do not plan to change rules to make it easier just more transparent in this case. Basically what i plan to work with is if i make a trade and that trade has not realized a return by the end of the current month then it will be classed as unsuccessful and i will move back to the appropriate level for the stake i have remaining. If however the trade does at some point in the future after this return a profit then that money can be added to the stake and where needed the leapfrog rule will take effect.

While another rule i have also states that money cannot be added to the stake until it is a realized or actual gain, where there may be investment in something like stocks, or fixed value assets which may be long term investments then the original purchase price less any fees will be still part of the stake, and any gain or loss will be taken into account upon the sale of the asset.

In my opinion this makes it a little fairer in being able to say where you are at, in any given time frame without disillusioning yourself.

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