A. The only way to set and prepare your trading goals, is by basing your results on a proven back and forward tested trading strategy.
It sounds like, the way you’re going about trading is correct.
Here is a table with my trading goals for 2020.
These goals are for my personal portfolio as well as for my Red Hot Storm Trader’s
portfolio, based on my track record since 2013.
The line items are as follows:
The number of trades taken per year: 40
The number of winning trades per year: 25 winners
The number of losing trades per year: 15 losers
Win/Loss rate on trades: 62.50% (25 Winners ÷ 40 Total trades)
The number of winning months per year: 9 winners
The number of losing months per year: 3 losers
Having these trading goals, is like having a game-plan for the year. You know what you can expect for your trading in 2020.
You’ll obviously need to go through your own statistics and numbers and add them to your trading goals for 2020.
How I became a professional Forex trader - and how you can do exactly the same
My name’s Timon Rossolimos and I am a professional trader.
I run a small trading newsletter in the heart of Gauteng, Johannesburg, and have been doing so for the past three and a half years.
Before that I managed a restaurant, traded for myself and worked at a few broker houses.
It’s there I first became interested in trading - but with normal trading in shares, not realising just how profitable trading the currency markets could be.
I was trying to find a genuine way to profit from Forex trading among all the misinformation and downright lies bandied about on the web.
What a loyal MATI Trader System Programme Member
has to share:
“I have followed Timon for the last 10 years and I must say, he really cares about his members and really wants them to be successful no matter what it takes.
The Ghost Level strategy in the programme is worth the entire programme alone. And for that I thank you a MILLION TIMES.”
Reply: Thank you for the kind words. I thrive on helping other dedicated traders succeed, as I know how difficult the process may be without any help.
Yes, the Ghost Level strategy helps any trading system boost its win rate by 30%...
There's takeover opportunities everywhere!
If you’d bought stock just before these companies were taken over... I'm talking about Absa, SA breweries, and more recently Clover and Pioneer Foods they 'would likely [ have been] some of the best investments, you could have made says analyst Francois Joubert.
Now, a similar opportunity is building. But this unfolding story is a lot BIGGER
Q. “Are CFDs instruments that we can trade 24 hours a day five days a week? I tried closing my CFD position on the last PickPocket Trader BP Oil trade for a profit in the morning but was unable to do so. Please can someone assist?”
A. CFDs are simply geared financial derivatives that base the market’s prices on the underlying market. This means, you can only trade (open and close) the CFD trade when the market is opened.
When it comes to the underlying shares such as BP Oil, you’ll need to confirm when the stock market is opened, to open or close a trade.
Here is a guide you can use for when to open and close a CFD trading position:
• Shares: During market hours
South Africa (9:00am to 5:00pm) for underlying shares
America (3:30pm – 10:30pm) for underlying shares
UK (same as South Africa times)
• Forex, Indices and Commodities – 24 hours a day five days a week (According to the spot market)
• Crypto-Currencies: 24 hours a day seven days a week
Note: To make sure of these times, please confirm with broker as they may have their own time schedules…
Founder, MATI Trader System