Hi fellow traders,
I am Eureka and i am a professional trader since September 2008. My goal now is to be a consistency profitable professional trader. Till today i have been consistent in blowing live accounts.. i have blown 2 live accounts till date.. This is my third live account and this time i don't want to blow it this time.
As i have realized after blowing accounts that my main problem was that i wanted to make a killing in forex market in a very short time that too with a very low account balance.I used to over leverage my positions and that was the main reason of getting margin calls.
So this time i have set my target as to earn only 10 pips a day trading a mini lot on a 1000$ account. I know if i do this consistently i will double my account in 100 days. and thats more than enough for me.. My main aim is to do this consistently.. my aim this time is not on to make money but to be disciplined and consistent.
My trades will be based mostly on S/R.. and sometimes gut feeling
I have started this journal so that i could post my trades and write down my plan , emotions going on in my mind while taking a trade , and later on i could analyze my trades and learn from it.
Any suggestions from amazing traders here is always welcome..
I am Eureka and i am a professional trader since September 2008. My goal now is to be a consistency profitable professional trader. Till today i have been consistent in blowing live accounts.. i have blown 2 live accounts till date.. This is my third live account and this time i don't want to blow it this time.
As i have realized after blowing accounts that my main problem was that i wanted to make a killing in forex market in a very short time that too with a very low account balance.I used to over leverage my positions and that was the main reason of getting margin calls.
So this time i have set my target as to earn only 10 pips a day trading a mini lot on a 1000$ account. I know if i do this consistently i will double my account in 100 days. and thats more than enough for me.. My main aim is to do this consistently.. my aim this time is not on to make money but to be disciplined and consistent.
My trades will be based mostly on S/R.. and sometimes gut feeling
I have started this journal so that i could post my trades and write down my plan , emotions going on in my mind while taking a trade , and later on i could analyze my trades and learn from it.
Any suggestions from amazing traders here is always welcome..
Anything is possible; everything is negotiable