My 1000000 Dollar Challenge

2 years have past , from when I fist took the initial step to teach myself to trade.the one thing has been pretty much certain ,is it has not been easy.
Firstly form trying to teach yourself to trade , to finding ,so called mentors to help you ,the only thing they helping you with ,is taking your money .It has been a long road and there are still many roads and paths to be
taken,some might be the wrong path but there will definitely be the right road at times .
The reason I am doing this blog is quite simple ....I have learned a great deal of trading techniques and I am still in the process of learning more I would like to share my experiences ,help those beginning by pointing them in the right path not to teach or mentor but just support you in this path as well as my own mission , to become a successful professional trader and show you that it is possible ,for the people who have traded ,you will know that the greatest battle is not learning to trade but is to dealing with you demons ,your emotional baggage whilst trading .......mine is discipline and we all know how much discipline it takes to trade.so now I have challenged myself to turn $1000 into 1million dollars muhahahahaha,why you ask ,let me blunt to put my money where my mouth is .....too put my balls on the chopping block ,so join me in my quest keep track with me post comments advice ,what ever you like.

let the challenge begin

please be patient with me as I learn to blog this is all new to me

My first Trade for the day GBP/USD 31 March 2010 trend line break technique

I have certain entry rules that I have developed over time to try and keep me out of the bad trades and get into the momentum trades that go ....I jump onto the moving train. bank profits after 20 points ....why to pay myself ....so many times I try and sit in for the big moves but always turns and reverses
so get 20 and bank the twenty ....scale out of the position



The signal for me to close the position was the shooting star off support hinted that the bulls were either selling off and taking profit or signaling an early warning of an impending top both ways for me personally it was a good sign to close position and take profit

entry :1.5115
1st exit at 20 pips 50%of my position
2nd exit 1.5145 remaining 50%
total of 20 pips on first exit
total of 30pips on 2nd exit

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