This week had been a great trading week! Managed to sustain my profit and limiting my losses. My account, as can be seen from the chart, is growing constantly and steadily ;p Equip with my current trading plan, I made some revision for next week trading. My new trading plan will be trading on a constant lot size targetting 25 pips daily. Trading days are on Monday to Thursday leaving Friday for leisure and personal time. So to say, with a target of 25 pips daily and taking for instance that all targets are met, I would have profited a total of 100 pips weekly, 400 pips monthly and with the lot size as the multiplier I would be able to multiply the 400 pips to USD. This plan will stay for 2 weeks before any refinement will be made again. This next refinement, in actual fact, is already formulated targetting 50 pips daily, making a total of 200 pips weekly, 800 pips monthly. This amount would be here to stay for a long long time as it would be more than enough to supplement my main income. Finally, seeing some light in my trading.Nonetheless, I have to caution myself that in trading there is win and lose, hence I have to be aware that there will be time will I will fail to meet my daily target and may not be able to make it up the next day. Hence I have to constantly remind myself to prevent competency to take over me and remember to cut my losses fast!! :D
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