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>> REFERENCE
--- This journal will be dedicated to my implementation of Rag2RichesFX idea explored in his Thread.
>> PLAN
--- Small live account with $500 starting balance.
--- Divide the account logically into 5 sub account, each of $100
--- 4 sub accounts will be traded and the 5th will be spare
--- Sub accounts will be traded separately as if they were separate accounts. an EA will track each sub account.
--- Start Date 6th July, 2015
>> SYSTEM
--- Technical + Fundamental
--- Low Frequency Trading
--- Daily and Weekly time frames
--- Define Sentiment for each traded instrument
--- Trade pull backs (Short term reversals toward the larger trend)
--- Charts will be posted before taking a trade (comments are welcome)
--- Stop Loss is not fixed (i.e. 25 pips as in the original thread), No it will be variable based on the opportunity traded
--- Minimum 1:2 Risk to Reward. However I can close the trade at less loss, or larger profit, if the market says so.
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This post will be edited at least until trading starts.
Regards,
Khalil
No guts, no glory