2009-12-29

Day 41 - "finally some movement in the market"

Author: Arslan | Posted at: 12:23 PM | |

After the last few days with no trading or no movement in the market this day was a blessing. I hope tomorrow I can pocket in some profit, but it will be hard since Ill be most of the day offline :/ Ill do my best.

Targeted Day-profit: 14,84 $
Achieved Profit: 32,29 $
Targeted Cash Balance: 417,98 $
Current: 369,02 $
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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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