buruguduy's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I dedicated at least 2 hours daily looking at charts. I begin looking at charts 3 hours prior 8am GMT and setup my orders. Once my orders are set, I usually let price action do its thing.
What kind of currency pairs do you trade?
I trade the following: USD/CAD, EUR/USD, USD/JPY, USD/CHF, GBP/USD, NZD/USD, AUD/USD, GBP/JPY, EURJPY.
What motivates you to be a trader?
Money of course! I am motivated to trade to make a lot of money!
Using a percentage based on the value of your account, how much do you expect to make per month?
I expect to make at least 2% per month on my account. This is an average number so I could, say, earn 1% in January and make up for it by earning 3% in February. This makes a total yearly target return of 24%,
Which timeframe do you use most often?
I mainly trade daily, four hour and one hour charts.
What trading-related goals do you have?
Ultimate goal: 24% gain for 2010. This means at an average of 2% gain per month. That's a 0.5% gain per week.
In order to ensure I have enough trades on the table, I will trade AT LEAST twice per week.
On Wednesday November 18th, 2009 at 04:56AM by ronacoba - Like - 0 People
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