Trading for the purpose of'being financially liberated' or to turn $1000 to $1000000 are not targets you want to start out with in my own opinion. You have to set small goals to reach and set larger goals as you are more successful.
Because I am bored and I am overdue for a pc gaming rig, I want to begin a journal to develop $400 to buy a updated gaming rig at the next 6 months.
I plan to buy one of these:
http://www.ibuypower.com/Store/AMD_P...3_Configurator
with habit add-ons of course. So the entire thing likely gonna cost me around $800.
Which means I am trying to double up at the next 6 months. To a few of you that's an easy snap of the finger, but that's not hte purpose of this diary. It doesn't matter just how much money you created from the account if all goes down the drain afterwards on in losses. It's all about withdrawing your profits and actually using it to get something. I just want to share how trading will help cover the little things in life that you want.
Update 1:
I set up a $1800 additional buy-in on 3/15/11 after series of losses because of plogical hiccups. I was able to turn additional profits from that buy in.
Update 2:
Withdrew $200 profits on 4/1/11
Update 3:
Deposit $1000 on 5/2/11 to capitalize on shorting EURUSD
Strategy
I will post daily p/l and monthly statements since they come. And hopefully at then end able to withdraw $800. I will also post daily pics of trades if I am not too lazy.
Let's get it on...
Outcomes:
Feb $214,$214
Mar $461,$675