kiloandstitch's Trading Plan
Roughly how much time do you dedicate to developing your trading skills per week?
I plan to spend at least 2 hours of "screen time" each day, just watching the price action and possibly looking for good trade setups. Hopefully I can come up with two to three profitable trades each week.
What kind of currency pairs do you trade?
EURUSD, AUDUSD, EURJPY, and GBPJPY. I'll look for trade setups in other pairs too except that I'll be focusing on these four pairs most of the time.
What motivates you to be a trader?
Because I wanna be a billionaire so frikken bad!
Using a percentage based on the value of your account, how much do you expect to make per month?
I expect to make consistent returns.
Which timeframe do you use most often?
I'll look at the general trend and hunt for trend lines on the longer-term time frames (daily, 4-hour). Then I'll zoom in to the medium-term time frames to see if there are any retracement levels that I can place my entry order on. I'll also look at the shorter-term time frames for minor support and resistance levels and also for signals from candlestick patterns.
What trading-related goals do you have?
Make pips, keep pips. Rinse and repeat.
Leave A Comment
Please sign in to comment.