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Thread: How to start with $100 and turn it into 1 Million in 100 trading days!

  1. #1
    eremarket's Avatar
    eremarket is offline FX-Men Honorary Member
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    Default How to start with $100 and turn it into 1 Million in 100 trading days!

    Ok guys... the title is tounge in cheek. It's a tribute to all the impossible suggestions out there that someone can take a few bucks into a massive sum in less time than it takes a college freshman to change their major.

    The REAL title should be:

    "An attempt by an experienced trader to take $1,000 to a full time income within 36 months - do not try this at home"

    This thread will essentially be "part trading journal / part public experiment." I've always been curious as to what would be possible in the forex market if one had enough experience and skill to trade full time. I've never yet made a million trading...but i have made a good income. So, I figured why not try to take a very small sum that most people who trade could get, and see what I can do with it.

    I will be posting up some rules as this thread develops, as well as what type of analysis I will be conducting, and the trades I will be taking each day based on this analysis.

    To be honest, this very likely will fall short of it's goal, and may fail entirely. my disclaimer here is I will try to post my trades in real time. DO NOT TAKE THEM YOURSELF. Trading is risky, you could lose all of your money. I am strictly advising AGAINST taking my trades I post here. This is for academic purposes only.

    Try to take from this the way I look at the market...the way I journal my trades, as well as my thoughts on my trades, and the way I handle losses and profits, as well as refine my methodolgy to something that can be a bit more measured and less instinctual.

    Also guys... i want to say this on the outset....this thread is more for me, than for you. Yes, I will be explaining some things. Yes, I will try to post my trades up in real time, yes, I will answer some general questions.... but I don't intend to go into great detail about how or why I'm taking certain trades.

    Again..this one is more for me, and I wanted to provide some others here with a "fly on the wall" opportunity to observe something that most don't get to see very often: what goes on in another traders head when making trades.

    Last but not least, I'm starting this thread to seperate the types of trades that I take in my "free mentorship" thread, and all the other trades I take. If for no other reason than to reduce confusion in the free mentorship thread.

    Hope you enjoy this thread, and I REALLY hope I can make this work

    Guess we'll all find out eh?

    Jay
    Jay

    "This stone is not Jade"
    - paraprased from Ed Seykota


  2. #2
    ruilima22's Avatar
    ruilima22 is offline FX-Men Honorary Member
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    go to casino and try to double your account in roulette a couple douzens of times in a row
    eremarket and kevintrader101 like this.

  3. #3
    PerchTird is offline Senior Member
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    Good Luck - I will be that "fly" - as my focus is on ICT teachings at the moment, but I like your style - AND - I am hoping we'll see ALL the trades - whether or not there real time isn't so important, but I do like to see - when your in it - type of pictures. as in "I opened this trade xxx time ago and had these thoughts - and it is/is not working - we'll see"
    Anyways - looking forward to watching. . .

  4. #4
    MeiHua's Avatar
    MeiHua is online now FX-Men Honorary Member
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    Damn a few minutes late and I couldn't get first so third will have to do. Anyway good luck and I will keep an eye on this as usual. Cheers and good pippin'

  5. #5
    TalonD's Avatar
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    actually starting with 100 you only have to double 14 times.
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    eremarket's Avatar
    eremarket is offline FX-Men Honorary Member
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    thats true Talon!

    hmmmm....this "roulette" thing is starting to look more likley than my little experiment. and so much faster to double up 14 times there than with trading!

    Wel.... at least i have a solid "plan b" now!

    Jay
    Jay

    "This stone is not Jade"
    - paraprased from Ed Seykota

  7. #7
    bobmaninc is offline FX-Men Honorary Member
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    I know after the way talon but it All I got to do a go double or nothing on the roulette wheel 14 times to be a millionaire how hard is that.
    If you do not help us noobs we will grow.

  8. #8
    Nikitafx's Avatar
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    I dont know if you will hit a Million in a 100 days Jay but rest assured this thread is going to go viral as of tomorrow!
    HAPPY PIPPING

    It Aint Rocket Science.

  9. #9
    eremarket's Avatar
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    Quote Originally Posted by Nikitafx View Post
    I dont know if you will hit a Million in a 100 days Jay but rest assured this thread is going to go viral as of tomorrow!
    Forget the thread Nikita...if I hit 1 million in 100 days... I'LL go viral!

    i'll be pretty darn happy if i can have enough in 36 months to make a middle class american monthly income.

    Jay

    P.S. I ALWAYS wanted to do one of these threads, and actually make it happen! Should be fun
    Last edited by eremarket; 11-06-2011 at 03:54 PM.
    Nikitafx likes this.
    Jay

    "This stone is not Jade"
    - paraprased from Ed Seykota

  10. #10
    bobmaninc is offline FX-Men Honorary Member
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    Quote Originally Posted by eremarket View Post
    Forget the thread Nikita...if I hit 1 million in 100 days... I'LL go viral!

    i'll be pretty darn happy if i can have enough in 36 months to make a middle class american monthly income.

    Jay
    lmao I agree if you make this million in 100 days. Then I will be making a trip to vegas. Especially since I can watch that table spin 14 times in one day.
    If you do not help us noobs we will grow.

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