TonyIommich's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
Approximately 2-4 hours a day.
What kind of currency pairs do you trade?
I will start by focusing on the EUR/USD pair for short-term trading. For long term trading I will trade a variety of pairs, as many as are available and are liquid enough to trade. After achieving proficiency in the currency market I will also short-term trade the index futures, and long term trade commodities.
What motivates you to be a trader?
I intend to achieve financial independence and help others achieve the same.
Using a percentage based on the value of your account, how much do you expect to make per month?
After achieving breakeven each month, I want to start by making 5% a month consistently, then 10% a month consistently, and eventually 25% a month consistently.
Which timeframe do you use most often?
I will trade one account off of short (one hour to 15 minute) time frames. The other time frame will be daily and 4 hour charts. The basic idea is to become proficient at both intraday moves during the market hours, and longer swing trades. Having those tools in my basket I can hopefully be a proficient trader.
What trading-related goals do you have?
To build via compounding sufficient money in order to live off of passive income, and to be in the business of managing money for others, for pay and for charity.
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