my plan is to become a full time trader, over the next 18 months.... i have a written detailed plan to get there..........
my trading acct will be from 25k-50k, possibly more, if things go well........
im basically slow walking myself back up the trading ladder.......
with the trades, ive made about 7 in 9 days,,,,,, paid all the comm and cleared $175..... not great but not bad either.........
ive realized the exact trading pattern, that i will be doing.....
these plans will be implemented starting tomorrow........
im a short term position trader,,,,,,,, 100% chart and price reader........ every trade that i make, must have a detailed plan and it has to be followed to the letter......
i will know my entry, my stoploss and my profit target, before each trade is put on...... i will initially enter trades with a profit target of $500 and a risk factor of $400........... however i have several indicators that i use, to end trades early, thus losing $400 is a worse case scenario........ for the most part, i feel the trades will work as,,,,,,,,, making $500 or losing $250 and thats a 2:1 ratio and i can live with that...........
my plan is set, tomorrow is a step up......... as im going to be doing 2 lot trades....... this means, make $1000 or lose $800.......... and of course i will be limiting a lot of the losses to around $500..........
i am looking (for now) at 2-5 trades per week max but of course the market will dictate that..........
we should have a good set up to buy april cattle tomorrow...... thats what i am focusing on............... about 80% of my trades will either be grain or meat trades....... trade what you know, i guess.......
my trading acct will be from 25k-50k, possibly more, if things go well........
im basically slow walking myself back up the trading ladder.......
with the trades, ive made about 7 in 9 days,,,,,, paid all the comm and cleared $175..... not great but not bad either.........
ive realized the exact trading pattern, that i will be doing.....
these plans will be implemented starting tomorrow........
im a short term position trader,,,,,,,, 100% chart and price reader........ every trade that i make, must have a detailed plan and it has to be followed to the letter......
i will know my entry, my stoploss and my profit target, before each trade is put on...... i will initially enter trades with a profit target of $500 and a risk factor of $400........... however i have several indicators that i use, to end trades early, thus losing $400 is a worse case scenario........ for the most part, i feel the trades will work as,,,,,,,,, making $500 or losing $250 and thats a 2:1 ratio and i can live with that...........
my plan is set, tomorrow is a step up......... as im going to be doing 2 lot trades....... this means, make $1000 or lose $800.......... and of course i will be limiting a lot of the losses to around $500..........
i am looking (for now) at 2-5 trades per week max but of course the market will dictate that..........
we should have a good set up to buy april cattle tomorrow...... thats what i am focusing on............... about 80% of my trades will either be grain or meat trades....... trade what you know, i guess.......
my plan is to become a full time trader, over the next 18 months.... i have a written detailed plan to get there..........
my trading acct will be from 25k-50k,
If you don't mind me asking, what kind of capital would you want to trade full-time?
i am looking (for now) at 2-5 trades per week max but of course the market will dictate that
How many do you think you might make doing this full-time?
this means, make $1000 or lose $800
Nice
my trading acct will be from 25k-50k,
If you don't mind me asking, what kind of capital would you want to trade full-time?
i am looking (for now) at 2-5 trades per week max but of course the market will dictate that
How many do you think you might make doing this full-time?
this means, make $1000 or lose $800
Nice
