My Plan

Iam learning how to trade more than a 2years allready. I have trayed diferent strategys. diferent ideas. many of them were to hard 4me. I dont have so mach time to fallow all the news. or i dont understand all these indicators and ascciliators. or what ever they are called. i was traing to came up with my own strategy. And i think i did. :slight_smile: Most of you will think that its stupid idea or you can say that its not even a plan. Well - maybe. But it works 4me.
My plan is to make 20 pips a day. I work only with Eur/Usd. I use scalping. If i have +5 or 10 pips. i close and a little bit latter i open next positsion to get rest of my 10 pips. sometimes i get 20 pips in just one trade. After i done that i trade ONLY in next day. Sometimes i loose. when i have lost 20 Pips. I close. and open next trade ONLY in next day. And i am not traying to win 40 pips becaus i lost. no!! i am traing to get only 20 pips. a day.
And i have made in excel the grafic how i make money for each day. I have one year plan. from 250$ to 95 300 $ :slight_smile:
i am on my way no :slight_smile:
its wery hard to start from 250$- thats way i think its unpossible to trade otherway than scalping.
I dont know how hard its 4 you. But 4me its wery easy to get 20 pips a day. The first time i invested 250$ i made one misstake. I was traing to earn more. In two weeks i had more than 1000$. Its 400% profit. Its to much. I was making even 100 - 150 pips a day. I think there was even 200. Well anyway - it was crazy. I understand know that its WERY wery important to have plan. And its psihologicly hard to stick to the plan you made. It is hard 4me.
Sorry for my grammar misstakes. English - not my language. :slight_smile:

What indicators do you use?

KRISTAPITO1986 would you by any chance know a man named george smith ?

What you described is only one part of your trading plan: Money Management.

What is your strategy in deciding what trades to take?

No - :slight_smile: im not that guy
I dont traid against trend. thats all.
Today i clsed (-25 pips.) thats all 4 to day. Tomorow i will earn it back :slight_smile: