Cyberpreneur's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I going to average 1hr training and 1hr trading 3 days / week.However there maybe an additional 2 hrs monitoring trades and doing associated tasks on those days as well.
What kind of currency pairs do you trade?
USD/JPYU.S. Dollar – Japanese YenEUR/JPYEuro – Japanese YenEUR/USDEuro – U.S. DollarAUD/USDAustralian Dollar – U.S. DollarUSD/CHFU.S. Dollar – Swiss Franc GBP/USDBritish Pound - U.S. DollarEUR/GBPEuro – British PoundUSD/CADU.S. Dollar – Canadian DollarNZD/USDNew Zealand Dollar – U.S. DollarCHF/JPYSwiss Franc – Japanese YenEUR/CHFEuro – Swiss FrancNZD/JPYNew Zealand Dollar – Japanese YenAUD/JPYAustralian Dollar – Japanese YenGBP/JPYBritish Pound – Japanese Yen CAD/JPYCanadian Dollar – Japanese YenGBP/CHFBritish Pound – Swiss Franc AUD/CADAustralian Dollar – Canadian Dollar EUR/AUDEuro – Australian Dollar EUR/CADEuro – Canadian Dollar
What motivates you to be a trader?
Extra pocket money without the hassle of most other options.Developing a large Offshore Family Trust to support my children and myself.
Using a percentage based on the value of your account, how much do you expect to make per month?
I expect to show a demo profit by 1st March 2010.I hope to have my initial stake returned and be doing EUR$300 profit / mth By June 2010.
Which timeframe do you use most often?
I going for small pip gain every hour or two.This may run into day trading.I will also put some trades in that might go for the whole week.This is all considered short term trading.I am a technical trader.Have as I have to keep aware of the fundamentals, I will pursue opportunities I see from them.
What trading-related goals do you have?
For now US$200/wk Demo trading.
Soon EUR$300 / mth real trading.
I would like to build a EUR3,000,000 Offshore Family Trust in partially funded by 33% of my ForeX profits.
Leave A Comment
Please sign in to comment.