Thursday, November 29, 2007

Trading plan for DEC 2007

Hi, as I have already met the target for NOV '07, I decided to rest for the week and not think about trading. However, I could not stop thinking about setting a trading plan for next month.
 
Here is my brief plan for DEC '07
 
Balance as of today: US$5305
Target balance by end DEC: US$9000
 
PIPS and LOTS PLAN
About $4k profit.
20PIPS/day
400PIPS/month
 
10minilots per trade
 
MOST PROBABLE PIP GAIN FROM
 
EUR/USD: 150
GBP/JPY: 200
OTHERS: 50
 
 
Same strategy: MTF STOCHASTIC (more info soon in next post)
 
 

1 comment:

Anonymous said...

Taking a break from this blog?
I really enjoy looking at your past trades.
Anyways, just thought I'd let you know I'm interested in your progress.
TraderChris