FATS and my FOREX trading strategy

Started my FATS Demo trade today with USD10,000 (virtual dollars lah), also at the same time I thought through and came out with a new trading strategy. I will update the FATS demo trade account weekly.

New strategy : I decided that I should have a daily target and having decided to take it slowly, a weekly profit of 25% would be sufficient. Also taking into consideration of not risking more than 5% of my capital for every trade,

Present account balance : USD500

Weekly profit = USD500 x 25% = USD125

Daily profit = USD125 / 4 = ~USD32 (4 trading days instead of 5 days to account for my busy schedule, where at times I would not be able to monitor and trade)

Risk = USD500 x 5% = USD25 (will change accordingly with the balance)

Hence,

All trades SL will be <= 25pips, PT <= 32 pips

(Most probably will target at 20 pips)

Will try out this strategy and fine tune it or improve it as I go along gaining my experiences ang knowledge.