Personally I will stick to what I have been doing which earns me about 20% per month so I don’t see a reason to change that. I decided to follow my brokers trading recommendations after I followed them for over three months. This should add on average 250 pips in profits per week to my portfolio and they did not have a loosing week in the three months I tracked their recommendations. I hope that trend will continue.
Do you guys have any resolutions or adjustments you plan on making for 2013?
To build on my current success in live towards a decent income and larger account, so that way, when I graduate out of university, I will not have to fear the job market and be able to provide a decent living for myself. Minimum acceptable performance should be doubling the account by next years-end.
To tame the beast of impatience with the shield of discipline. My biggest mistakes are caused by jumping into a trade simply to be in a trade and overconfidence. Knowledge is knowing what the right thing to do is - wisdom and discipline is doing it.
To properly harness the COT report data, institutional data, interest rates, etc, in order to create a solid bias by trading with the smart money.
To perfect my eye at noticing emerging harmonic patterns.
To faithfully document every moment of my forex time and trades, in order to pinpoint how successes were manufactured and how losses could have been mitigated or eliminated.