For the people who have been following I have come back after my big distraction which has changed the way I look at life completely.
My partner gave birth to our first child a baby girl and she decided to come early by about 5 weeks, so my complete attention has been elsewhere.
Since my last post (and a beautiful baby girl) I have had a lot of time to think about my trading and my trading goals.
I'm no longer looking for or trying to get every trade that the market has to offer, i'm just looking for re-tracement in a trending market and end up with an average higher than 10 pips per day.
With the system I have I believe that I will achieve it.
With the everything going according to plan the targets will be as below.
Targets are as follows (but maybe adjusted depending on time management with my new little one)
Day Pip Target Profit(in USD)
1 10 $100
2 10 $100
3 10 $100
4 10 $100 (after 40 points contract size doubles)
5 10 $200
6 10 $200
7 10 $200
8 10 $200 (after 40 points contract size doubles)
9 10 $400
10 10 $400
11 10 $400
12 10 $400 (after 40 points contract size doubles)
13 10 $800
14 10 $800
15 10 $800
16 10 $800 (after 40 points contract size doubles)
17 10 $1600
18 10 $1600
19 10 $1600
20 10 $1600 (after 40 points contract size doubles)
The above will be started with a standard Lot on an IG Markets account which will require approximately $200 AUD and the game starts Monday 10 pips a day.
Cheers
1pipatatime