This week we have only one objective: To end the week with a profit!
Current account balance: $2,001.02
Action items for this week:
Action items for this week:
- Double my trade size from .02 per trade to .04 lots per trade
- Reduce my TP target from $2 per .01 lot to $1.50 per .01 lot on the first entry of the position and from $4 per .01 lot to $3 per .01 lot on the second entry of the position
- With the increased trade size this should bring my average trade profit up to $9 per trade rather than the previous target of $6 while simultaneously giving myself tighter stop loss & take profit targets.
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