Purpose of Trading

恭喜发财

If you have not set your new year resolution in Jan 2018, you might want to start this CNY.

I have started with my Sniper Club since beginning of Feb to draft their trade plan. I have also started with a fixed trading plan this CNY for 3 contracts (Nikkei 225, 6E & CL) to show them the "outcome" of having a simple trade plan. Beside having a trade plan, I think having a "purpose" is also important.

Example: It can be planning for your son/daughter's education fund.

I begin posting a standard trading plan based on one of the simple Fibonacci strategy on the 3 contracts mentioned earlier. Starting from Feb 19, 4th day of CNY.

Nothing on Feb 20. On Feb 21, I have both 6E & CL, nothing from Nikkei 225.

On Feb 22, we have 6E & Nikkei providing trade opportunities.

My snipers start work after their CNY celebration.

Catching this same trade at their own comfortable position sizing.

On Feb 23 during Asia trading hour, 6E reached target. Nothing from Nikkei 225 & CL.

Outcome from the 5 trading days (still not close as of posting, CME has not presented anything at the moment) are obviously POSITIVE!

It's time for you to start planning -- not just your trade plan, but also your Goals.