Monday, June 22, 2015

Rules to remind myself

1. No overtrading 2. Monitor the MM to remain above 1000. 3. No layer, no breakout strategy. 4. Size based on the the equity, not balance. Starting base Phase 1 10-100usd - size 0.01. target pips 100 = 1.00 per day. 5.00 per week. 20.00 per month. 100 - 200 usd - size 0.02 target pips 100 = 2.00 per day, 10.00 per week. 40.00 per month 200 - 300 usd - size 0.03 target pips 100 = 3.00 per day, 15.00 per week. 60.00 per month 300 - 400 usd - size 0.04 target pips 100 = 4.00 per day, 20.00 per week. 80.00 per month 400 - 500 usd - size 0.05 target pips 100 = 5.00 per day, 25.00 per week. 100.00 per month 500 - 600 usd - size 0.06 target pips 100 = 6.00 per day, 30.00 per week, 120.00 per month 600 - 700 usd - size 0.07 target pips 100 = 7.00 per day, 35.00 per week, 140.00 per month 700 - 800 usd - size 0.08 target pips 100 = 8.00 per day, 40.00 per week, 160.00 per month. 800 - 900 usd - size 0.09 target pips 100 = 9.00 per day, 45.00 per week, 180.00 per month 900 - 1000usd- size 0.10 target pips 100 = 10.00 per day, 50.00 per week, 200.00 per month. Phase 2 1000 - 2000 usd - size 0.20 target pips 100 = 20.00 per day, 100.00 per week, 400.00 per month 2000 - 3000 usd - size 0.30 target pips 100 = 30.00 per day, 150.00 per week, 600.00 per month 3000 - 4000 usd - size 0.40 target pips 100 = 40.00 per day, 200.00 per week, 800.00 per month 4000 - 5000 usd - size 0.50 target pips 100 = 50.00 per day, 250.00 per week, 1000.00 per month 5000 - 6000 usd - size 0.60 target pips 100 = 60.00 per day, 300.00 per week, 1200.00 per month 6000 - 7000 usd - size 0.70 target pips 100 = 70.00 per day, 350.00 per week, 1400.00 per month 7000 - 8000 usd - size 0.80 target pips 100 = 80.00 per day, 400.00 per week, 1600.00 per month 8000 - 9000 usd - size 0.90 target pips 100 = 90.00 per day, 450.00 per week, 1800.00 per month 9000 - 10000usd - size 1.00 target pips 100 = 100.00 per day, 500.00 per week, 2000.00 per month Phase 3 10000 - 20000 usd - size 2.00 target pips 100 = 200.00 per day, 1000.00 per week, 4000.00 per month 20000 - 30000 usd - size 3.00 target pips 100 = 300.00 per day, 1500.00 per week, 6000.00 per month 30000 - 40000 usd - size 4.00 target pips 100 = 400.00 per day, 2000.00 per week, 8000.00 per month 40000 - 50000 usd - size 5.00 target pips 100 = 500.00 per day, 2500.00 per week, 10000.00 per month 50000 - 60000 usd - size 6.00 target pips 100 = 600.00 per day, 3000.00 per week, 12000.00 per month 60000 - 70000 usd - size 7.00 target pips 100 = 700.00 per day, 3500.00 per week, 14000.00 per month 70000 - 80000 usd - size 8.00 target pips 100 = 800.00 per day, 4000.00 per week, 16000.00 per month 80000 - 90000 usd - size 9.00 target pips 100 = 900.00 per day, 4500.00 per week, 18000.00 per month 90000 - 100000usd - size 10.00 target pips 100 = 1000.00 per day, 5000.00 per week, 200000.00 per month. Phase 4 100000 - 200000 usd - size 20.00 target pips 100 = 2000.00 per day, 10000.00 per week, 40000.00 per month 200000 - 300000 usd - size 30.00 target pips 100 = 3000.00 per day, 15000.00 per week, 60000.00 per month 300000 - 400000 usd - size 40.00 target pips 100 = 4000.00 per day, 20000.00 per week, 80000.00 per month 400000 - 500000 usd - size 50.00 target pips 100 = 5000.00 per day, 25000.00 per week, 10000.00 per month 500000 - 600000 usd - size 60.00 target pips 100 = 6000.00 per day, 30000.00 per week, 12000.00 per month 600000 - 700000 usd - size 70.00 target pips 100 = 7000.00 per day, 35000.00 per week, 14000.00 per month 700000 - 800000 usd - size 80.00 target pips 100 = 8000.00 per day, 40000.00 per week, 16000.00 per month 800000 - 900000 usd - size 90.00 target pips 100 = 9000.00 per day, 45000.00 per week, 18000.00 per month 900000 - 1000000usd - size 100.00 target pips 100 = 10000.00 per day, 50000.00 per week, 20000.00 per month. Phase 5 1000000 - 2000000 usd - size 200.00 target pips 100 = 20000.00 per day, 100000.00 per week, 400000.00 per month.

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