The blog

Another week of trading is done. Here goes the review: Days of trading: 4/5 I traded 4 out of 5 possible days. Wednesday was too busy with other commitments, including traveling for work. Rules followed: 4/4 Following the simple risk management rules is critical for maintaining my account and sanity. It is crucial in avoiding…

Another week of trading is done. Here goes the review: Days of trading: 4/5 I traded 4 out of 5 possible days. Monday was a bank holiday in many parts of the world. Rules followed: 4/4 Following the simple risk management rules set in place is critical for maintaining my account and sanity. It is…

Another week of trading is done. Here goes the review: Days of trading: 5/5 I traded 5 out of 5 possible days. Rules followed: 5/5 Following the simple risk management rules that have been set in place is critical for maintaining my account and my sanity. It is key to avoiding any high-risk behavior. Profit…

In order to achieve the goal of being able to produce enough income through day trading profits to replace any day job, the trading account needs to grow. Making 2.5% of $100 is not the same as making 2.5% of $100,000. As described in the business plan, the intent is to consistently withdraw funds from…

Aiming to be fully living of the return trading can provide, means that trading is a business. Like any other business, you need a business plan if you want any chance of success. The business plan lays the cornerstones of the strategic, tactical, and operational moves made in the business. The business plan We work…