$1K into $1M Journey

Here is a link to fixed ratio position sizing, which I think would improve your results:

http://www.stator-afm.com/fixed-rati...on-sizing.html

I plan to include it in the next EA I have developed.

inspiring thread - best of luck Chase!

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Nice setup and goals!
I also started with a similar goal: 1k to 1 million in 10 years, assuming 8% per month. As I watch your success I may move my goal up as well. I will follow this thread hoping to learn from you so feel free to post your trade balances regularly!

Good luck brother!

This is very achievable... I started with 5K about 5 Months ago, and last month I made almost 120K.... then had a setback down to 80K.. in the last 2 weeks but still an impressive gain.... I plan to use a compunding method of atleast 2% per day and not be greedy.. I believe I took alot of risk, and the reward was there.. but you can never be lucky all the time.. So Manage the risk and trade slowly....

yeh hear hear, im forecasting 2% a day for the next year, with planned withdrawls etc.... if your consistent and manage risk the worlds your oyster.

congratulations, its amazing to see the power of compounding in a spreadsheet, just imagine getting 24 times 120k in the next 5 months lol.... thats a good $3m year lol

Then everything came to a halt... What happened?