For this new year, I plan on learning and improving upon my daytrading skills. The market I chose to trade this on will be the /YM. As usual, the goal is to papertrade my current scalping method for a while first to test the validity of it. At the same time, I will also make good use of good money and trade management. Emotional management I can try my best but there is no arguing that you cannot experience that until you trade real money. The starting amount I set for myself is $50,000 and risk is no greater that 1% per trade. Wish me luck
Oh and what did I do with my previous funds? I had some pretty good winnings from trading /YM and I halved the total account I had on it. One half went to my forex account which I am still swing trading, the other, went into my never ending student loans payment.
HAPPY NEW YEAR
pg11 post#214 marks the first post
Edited by JLC - 1/3/12 at 4:35pm