Sunday, April 15, 2007

New Goal !

I only need to make about $60 to reach my goal, so I need to reset the goal I set earlier, from $3000 to $4000 by May-2007. I will still need to improve my game !

Goal:

Short term:
From $2940 to $4000 +++ 36% gain by 05-2007

Position size: $2000

Expectancy :
Average winning % per trade

$2000 x 5% = $100 x 10 = $1000
$2000 x 10% = $200 x 5 = $1000
$2000 x 15% = $300 x 3.33 = $1000

11 trading days left in April:

$1000 / 11 = $ 96/day

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