In this journal I'll be recording all thoughts and trades using an analogy of levels in a fictitious platform game to set a framework of where I am currently and where I want to be.
I plan to grow a starting sum of $200 into $100,000. There is no set time limit to achieve this. The worst case scenario is Game Over, (account blow out). There are 159 levels (based on the amount of compounding periods it takes to grow 200 into 100,000 at 4%).
Each trade will risk no more than 4% of account equity. $6 was in account at start and $194 has been deposited to bring the starting balance to $200.
Trade 1 entered earlier and target hit.
Current Level: Almost completed level 1: $208 target balance.
I plan to grow a starting sum of $200 into $100,000. There is no set time limit to achieve this. The worst case scenario is Game Over, (account blow out). There are 159 levels (based on the amount of compounding periods it takes to grow 200 into 100,000 at 4%).
Each trade will risk no more than 4% of account equity. $6 was in account at start and $194 has been deposited to bring the starting balance to $200.
Trade 1 entered earlier and target hit.
Current Level: Almost completed level 1: $208 target balance.