NickB's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I dedicate at least 1 hour a day to my trading.
What kind of currency pairs do you trade?
- GBP/JPY
- GBP/USD
- EUR/JPY
What motivates you to be a trader?
- Freedom to do what I want when I want.
- Money. We all need money, trading is my bread and butter.
Using a percentage based on the value of your account, how much do you expect to make per month?
5% per month on average consistently with highs of 8% and lows of 1%.
Which timeframe do you use most often?
I will be trading the:
- 15 min
- 1 hour
- 4 hour
- Daily
What trading-related goals do you have?
My main goal is to make consistent profits and to grow my account by an average of 5% per month.
My secondary goals are:
- Maintain a 70%-80% win rate.
- Meet my target of 400 pips per month every month.
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