Pyrate's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
How much time each day I spend on the market, Is from 2am to about 12pm. I will extend this time if I am looking at a trade coming up. Most of the time spent here is Writing down news events for the week or couple days, looking at FX360, DailyFX, and babypips.com for trading Ideas and then looking up charts and writing my ideas down.
What kind of currency pairs do you trade?
The currency pairs that I trade is mostly the major pairs. I use a system from FXCM that is trading just the EUR pairs.
What motivates you to be a trader?
What motivates me into being a trader, Is the ability to manage my money in a live market environment. I like the time I spend analyzing the charts measuring the next movement.
Using a percentage based on the value of your account, how much do you expect to make per month?
The kind of return I would like to see is about 20% return each month.
Which timeframe do you use most often?
The time frames that I trade in are a multiple of pairs. Ex: I us the Weekly (Filter), Daily (Setup) and 4 hour (Entry and manage) or Daily (Filter), 4 hr (Setup) and 60 min (Entry and Manage) and or Daily or 4 hr (Filter), 60 breakout (Setup) and 5 min (entry and manage)
What trading-related goals do you have?
My goals for trading are to be able to learn how to trade like a pro. Move my account back up to a standard trading account. Make trading a full time job. This is the only job I would love to do.
On Tuesday November 17th, 2009 at 03:39AM by keicadelina - Like - 0 People
On Wednesday May 16th, 2012 at 07:45AM by yanglinlin - Like - 0 People
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