2006 Goals

40yotrader,

How many systems are you now trading? Is the volatility breakout system (form your journal) still your main (or only) system? How did this system perform this year with the market's low volatility and lack of follow through?

Richard

PS. My goal for 2006 is to trade fully automated.



Quote from 40yotrader:

It's been nearly 5 years since I was laid off and 3+ years since I started trading. My wife and I started this as a team. Now it's just me and some help from my kids. Each year I've gotten better. I've now pulled out all of my initial investment plus enough to buy a house. Next year I'm planning on putting the pedal to the metal. I don't see any sense in just trading for a living when a couple of bad years and you're looking at very hard times.

My goal for next year is to make at least 500k gross profit (after commissions but before taxes). Anyone else care to share their goal?
More...
 
"My goal for next year is to make at least 500k gross profit (after commissions but before taxes). Anyone else care to share their goal?"

No, your goal will do fine!
 
Grow my small account by 25%.(This will largely depend on market conditions. If I see a bear market, I'll sit.)
Learn more about investing.
Interact with investing friends.
 
I want to take a small amount of capitcal and create an automated system to trade it with.

Want to learn how to better trade Forex.

Want to use my ER2 futures signals to trade slower moving small cap stocks. I call these reactors ( stocks that lag a bit behind the movements of the general markets.)
 
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