Monday, June 30, 2008

118th Day (More confident)

After i attended kursus "pemantapan traders" 3 days ago, my confident was incresed!. I am ready to trade the most difficult pair (GBP/JPY). I was expose the were a lot of strategies to making money. The important thing i must creative to combine few technic to be able to make profit.

From few technic that revealed i was interesting of technic to make small profit (10pips only) per trade & enter market only 3 times a day. And thus technic has potential to earn USD6000 permonth or +-RM20,000 pe/month.

started from trade 1 lot/trade to target 10lot/trade in mini acc. Targer profit only 10pips.
equity USD1000 trade 1 lot, profit usd10x 3(8am,3pm & 9pm) = usd30/day@RM90/day
equity usd2000 trade 2 lot, profit usd20x 3(8am,3pm & 9pm) = usd60/day
equityusd3000 trade 3 lot, profit usd30x3(8am,3pm & 9pm) = usd90/day
equity usd4000 trade 4 lot, profit usd40x3(8am,3pm & 9pm) =usd120/day
equity usd5000 trade 5 lot, profit usd50x3(8am,3pm & 9pm)=usd150/day
equity usd6000 trade 6 lotprofit usd 60x3(8am,3pm & 9pm) = usd180/day
equity usd7000 trade 7 lotprofit usd70x3(8am,3pm & 9pm)=usd210/day
equity usd8000 trade 8 lot profit usd80x3(8am,3pm & 9pm)=usd240/day
equity usd9000 trade 9 lot profit usd90x 3(8am,3pm & 9pm)=usd270/day
equity usd 10000 trade 10 lot profit usd100x3(8am,3pm & 9pm)=usd300/day @ RM900/day

i target to achieve thus income within 12 month

My target equity for this month(july) is usd1000
1st ogos usd1000
1st sept usd1600
1st oct usd2000
1 st nov usd3000
1st Dec usd4000
1st Jan usd5000

By July 2009 my income is RM10000/month

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