Old Forex Goal Part III
I am rewriting my goal once again like everyone should as you move forward in your “training.” Currently I am concentrating on the study of chart patterns and using support and resistance, fibonacci, Murrey Math, pivot points and OsMA in my trading. Whereas before I was trading on the shorter term time frames, I am now looking mostly at Daily and 240 minute time frames.
My ultimate goal is to quit my day job and trade full-time. Below, I have been graphing my performance on a week by week basis but I have decided to change it to monthly. I feel like tracking weekly progress sometimes puts pressure on me to perform each and every week. For instance, my goal is to capture 60 pips each week or 260 pips a month. If I don’t perform during 1 or 2 weeks during the month, it’s OK because my goal is 260 pips for the month and that is what I should strive for.
|Month||Pip P/L||Gross P/L||Total # of Positions||Total Winning Positions||Total Losing Positions||Total Even Positions||Avg. Winning pips||Avg. Losing pips|