How I plan to go from $1500 to over the PDT...

Initially I had planned to start back trading at the end of February 2011 with $2,000.00. However, due to unanticipated expenses, I will start instead with only $1,500.00. This means that I will not be able to trade on margin right off the bat. However, this does not really bother me as I do not think it will take me more than a month to rise above this hurdle.

After the initial $1,500.00 addition to my account at the end of February I will then add an additional $900.00 at the end of April then May and so on and so on. Where the real growth will come from, however, is the compounding from my trading activities during each month. I believe that my system will grow my equity at the start of each month by at least 20% at the end of each month.

The table below shows the breakdown by month and what my equity should grow to at the end of December 2011 if I can manage a compounded monthly return of 20% on average.

End of Month:	Savings (added  at  end of each month)	Equity (compounded at 20% per month)
February	$1500	$1500
March	$900	$2700
April	$900	$4140
May	$900	$5868
June	$900	$7941
July	$900	$10429
August	$900	$13414
September	$900	$16997
October	$900	$21296
November	$900	$26455
December	$900	$32646

So if all goes as planned, my equity should grow to $30,000+ and well above the dreaded PDT minimum. Although I do not plan to quit my full time job at that point I will be way closer to becoming a full time trader than I am now!

Hope find this plan useful.

Good luck with your own trading goals for 2011!!!