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

Beginner Questions
1

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:

[B]“An attempt by an experienced trader to take $1,000 to a full time income within 36 months - do not try this at home”[/B]

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 :wink:

Guess we’ll all find out eh?

Jay

1 Like
2

go to casino and try to double your account in roulette a couple douzens of times in a row

3

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

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

actually starting with 100 you only have to double 14 times.

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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

7

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.

8

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! :stuck_out_tongue:

9

Forget the thread Nikita…if I hit 1 million in 100 days…[I] I’LL [/I] 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 :slight_smile:

10

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.

11

You will go down as one of the greats in the history of trading. No doubt about that.

You will also be indirectly responsible for the thousands of quacks and the millions who loose many more millions to these quacks, thinking there is easy money!

12

EUR/USD - Long 1.3833

28 pip stop
28 pip target

risking 0.5%

13

Oh, another one of those “mushroom” threads. LOL! I am just kidding, he he. As long as you don’t come up with 99.5% certainty per trade and stop losses which have not to be used, roflmao! :smiley:

14

Unless you plan on making alot of trades I am not thinking this is going to make it.

15

What are you trying to say? If I am 99.9999999% certain that I am going to win this trade then who need a stop loss. Its perfect I am not risking any money as I know the direction of the market before I get in the trade. No risk all reward thats how this guy rolls

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EUR/USD 1.3803 - close current short trade out for 11 pip loss. -WHOOPS! from the other thread…diregard
enter long at 1.3803, 45 pip stop, 45 pip target

risking 0.50%

Jay

P.S. going to hold off on this trade for now… may enter based on PA and volume…but will not be an automatic entry when price hits 3803

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Even George Soros will be left in the dust with that performance.

18

Entered EUR/USD long at 1.3811

stop 14 pips
target 20 pips
risking 0.50%

1 Like
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Also… long eur/usd from 1.3833 stopped out, 0.50% loss

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Good Luck Eremarket, may the Force be with you !!

I’ll be right behind you if you need anything…