Pipstradamus's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I can dedicate as much time as needed but I aim for 8-10 hours a day. I usually about spend 2 hours reading macroeconomic and geopolitical research and analysis.
What kind of currency pairs do you trade?
EUR/USD, EUR/JPY, EUR/CHF, AUD/USD, AUD/NZD, CAD/JPY, CHF/JPY, USD/HKD
What motivates you to be a trader?
The appeal of making money while sitting on my buttocks in front of a computer screen.
Using a percentage based on the value of your account, how much do you expect to make per month?
I strive to achieve returns of double the dollar inflation rate. So currently, I'm shooting for 8-10% annualized return.
Which timeframe do you use most often?
I use a daily chart to find trend direction. Then I use a 4-hour chart to find potential set-ups. And a 1-hr chart for entries and exits.
What trading-related goals do you have?
I want to be able to stay disciplined with sticking to my trading plan.
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