Monday, April 13, 2015

Start of Week Summary 4/10/15 - 4/18/15

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:

  • 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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