30 Days Of Discipline Update

I started my challenge right after I issued the forecast last night. As I was able to glance at the screen before I went to bed, I put a trailing stop on my position when I reached 30 pips, (Protect that profit!) and woke up to 49 pip profit cashed out.

I opened a demo for $10,000 at 400:1 leverage and am going to trade 100,000 units of gbp/usd at a time. It costs $490.00 a trade, and moves at $10.00 a pip. So last night I made $490.00. My goal is $3,0000.

Click here to see the trades:

http://stockandforexcenter.com/images/pound_31.jpg

I will update when I can, win or lose.

The discipline is staying out of the market till the next forecast. Human nature pushes you to pile into your trades success, and if a loss, to try and chase. Remember the rule for this test. 1 Trade only per day, and only if the forecast calls for it.

 

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