5-Year Plan - Trading

M

moin1

For the next 5 - years i will be trading my Live forex and stock account with IG. My goal is to double my account every year.
I will be making weekly steps by about 2,5 % of gain. Starting with 500 Euros, i will be able to add 800 EUR per month by my salary for one year...i am working full time.

I will be starting in July and my first goal for end of july is about 551,91 EUR.

My strategy is a combination of a high-probability price action method and a advances Risk / Moneymanagment strategy.

Find my first idea attached.

Any Support and Critics are Welcome.
 

Attachments

  • US30_H4_Lastkiss_2020-06-21 134445.png
    US30_H4_Lastkiss_2020-06-21 134445.png
    34 KB · Views: 100
Put the 800s into a bank account safe until your actually making money, keep topping up to 500E in the mean time, trading is sadly harder than it looks with most of us on here, trying hard for 10+ years before cracking it and some never.

Some crack quickly few but only some, so here is hoping :)
 
I am doing this for more than 10 Years and i can say i am consistently profitable. Now i have some money and a fresh mind to focus with a plan :)
But you are right...this is very difficult way
 
moin1 said:
I am doing this for more than 10 Years and i can say i am consistently profitable. Now i have some money and a fresh mind to focus with a plan :)
But you are right...this is very difficult way
More...

No psychic, because it's not a real thing!!
 
moin1 said:
Find my first idea attached.
More...
break a leg, man.
you looking to sell the pullback at resistance?

ever trade hammers, hanging man, shooting stars, inverted hammers at support or resistance?
(they're all hammers to me, timesaver.)

Maybe you'll see a big ol hammer at resistance for your entry.

there's no reason to think this is not doable.
rock and roll.

https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-10#post-5014575

https://elitetrader.com/et/threads/...solid-trading-plan.340340/page-2#post-5011924
 
Thanks for the Support.
Next idea...

note: i still havent started my life trading

I will keep you updated

upload_2020-6-24_11-23-8.png
 
Last edited:
Hi, at the moment my Account is down 7.7% and i started trading with live money. My maximum risk per trade is 0.5% as i am in a drawdown phase.
I will increase lot sizes, as soon some winners will confirm my strategy again.
 
You must log in or register to reply here.
Back
Top