2009-11-03

Day 2 - A lot of open positions

Author: Arslan | Posted at: 11:30 PM | |
Today I did pretty well. Becouse I have a lead over the Profitplan (ca. +16$) i didn't close some of the positions yet. 

Targeted Day-Profit:        3,68$
Achieved Profit:               2,25 $
Targeted Cash Balance:    107,23 $
Current:                        123,02 $
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My Name is Arslan im an architecture student living in Germany. Since the young age of 15 I've been interested in trading stocks and recently I started trading the FOREX market aswell. Since I like challenges I thought it might be interesting to try trading 100 $ into one Million $ in the short period of one year. Neither do I consider myself a "Inverstment-Guru" nor do I follow some fancy secret methods of such a person, rather I stick to the basics of trading. If you have Questions or just need someone to write to contact me here.

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To turn 100 $ into 1.000.000 $ in one year the capital has to grow daily by 3,55 % (first day the profit should be minimum 3,55 $ the last day about 36 k $). I will never trade more then 5% of my account value, so I can keep the risk on a decent level. I will trade only the Forex market because the comissions are more attractive and the trading plattforms more suitable for my experiment since it requires a small amount of money to start trading with. This is my plan.

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