Creating List within a List in text Editor

Im trying to enter a sublist within a list in the text editor. I would like my post to look like this :

Challenge Start Time Polls :

1. Challenge Start Time polls will be setup to give a preferred starting time between the 3 member zones which are :
       * Zone 1 - Asia/Australia
       * Zone 2 - Europe/Africa
       * Zone 3 - Nth/Sth America [/list]

2. Each challenge will be given 4 starting options set to GMT.
3. If you dont like the given times there is the option to add your preferred time instead.

This is what i have entered in the text editor :

Challenge Start Time Polls :

1. Challenge Start Time polls will be setup to give a preferred starting time between the 3 member zones which are :
   
   
   
   • Zone 1 - Asia/Australia
     
   • Zone 2 - Europe/Africa
     
   • Zone 3 - Nth/Sth America
     

Each challenge will be given 4 starting options set to GMT.

If you dont like the given times there is the option to add your preferred time instead.

This is how it turns out :


Challenge Start Time Polls :

1. Challenge Start Time polls will be setup to give a preferred starting time between the 3 member zones which are :
   
   
   
   
   • Zone 1 - Asia/Australia
     
   • Zone 2 - Europe/Africa
     
   • Zone 3 - Nth/Sth America
     

[*]Each challenge will be given 4 starting options set to GMT.
[*]If you dont like the given times there is the option to add your preferred time instead.



What do I have to change to make it appear as i want