colstreamer's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I spend a minimum of 4 hours per day trading. Sometimes I may start earlier if it's quiet at work and I sometimes continue at home after I leave
What kind of currency pairs do you trade?
GBP/USD
EUR/USD
AUD/USD
EUR/GBP
Interesting thing I've noticed, I seem to prefer long trades on these pairs, apart from EUR/GBP. I don't know why but I really don't seem to like going long on USD I have NO IDEA why this is the case!!! I think it's partly due to not wanting to sell anything with the Queen's head on...?
What motivates you to be a trader?
To be totally honest I want to be able to supplement my income, I get paid to trade monday to friday from 1200 GMT till 1700 GMT (OK I do have a job to do but there is nothing for me to do after lunch so I trade) I have a dull uninteresting job which provides almost no stimulation so when it's quiet I go online.
I wanna make bere Ps y'know what I mean?
Using a percentage based on the value of your account, how much do you expect to make per month?
I'm happy if I make 10 pips per trade. I'm not thinking about money at the moment, it's all about the pips for me right now. Although if I could double my annual salary that would be great. Lol!
Which timeframe do you use most often?
I use a 4 hour chart to see which direction a pair is going overall and then trade off the 15 min chart
What trading-related goals do you have?
I wanna make more pips than I lose with my micro account while I save up for a larger account, learningv along the way. I tried using a simulator but I just won all the time which I figured couldn't be accurate so I started trading with a micro account
On Wednesday November 18th, 2009 at 03:36AM by ronacoba - Like - 0 People
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