Journey to a million dollars starts with 3,000 dollars.

I have decided to document my journey on FX trading to aim for a million dollars.

I started actively trading FX on 1st May 2012. At that time my account had 3,000.

As of today 23rd May 2012 the account is standing on 3,370 dollars.

Currently I am engaged in only 1 strategy of trading FX. There is another couple of strategy under development and backtesting.

Thus my May 2012 MTD P&L is 12.3%. Current leverage used is roughly 3 times.

As you can see I am still abit cautious about my leverage as I am still testing out this strategy after running the backtesting.

The target is to reach 1-2% profit a day consistently.

I believe diversification is the way to go with totally uncorrelated strategies and possibly different asset classes once the capital grows to a certain amount.

For now I will stick to FX trading.