Preface
For years, I said no to numerous requests to write a book on trading for many reasons. First, I believed that my online trading journal at donmillerblog.com was a better way to get my thoughts across to the trading community on a current basis, initially as a detailed trading diary and then in a manner that shifted focus away from me and more toward intensive trader education, motivation, and industry activism. A book, on the other hand, unless properly crafted, runs the substantial risk of becoming dated the minute the ink dries. So, the first hurdle to be overcome by any bona fide author is to create lasting content that will forever stand the test of time.
Second, even though the title of this book, Chronicles of a Million Dollar Trader, accurately depicts my 2008 through 2009 journey in which I earned more than $2 million in 18 months by trading equity index futures intraday—largely as the result of a self-imposed one-year $1 million challenge—I didn't want to write a book that was a story primarily about success, nor did I want to put something forth that might encourage prospective readers to leave behind their current pursuits and talents to follow in my footprints. This is because as you'll read in the coming chapters, the virtual feet that created such prints have been bloodied, battered, and bruised as I stumbled and tripped my way through my own humanity toward a goal that seemed ever-elusive. And although I did ultimately reach my objective and beyond, the ...