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