Let's see where a $55 account can take me..

This Journal is inspired by sstheo's.

I have an FXCM CFD account with about $55 in it - this is a real money account.

Let's try an experiment, I am going to trade the NAS and SPX with this account, providing regular feedback on growth, or not....

Let's see where this leads.

 

Long NAS - let's see if I can post a pic..

 

Everything down below is just my opinion.

With entries like these, it leads to potential short term gains.

You want to be right in the long run game & in the long run game entries like this, aren't the best.

Based on your chart :



If i were you, i would zoom out to 4 hours at least.

Daily / weekly is even better, it gives a warning view.

 

How long do you plan to hold your positions? You count in hours, days, weeks, ...?