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so after a few weeks of calls and showing how we look at the markets -i have taken on a summer helper while school is out -we have come up with a trading system -
now we will come up with a trading plan -
1-we need a weekly target - now remember this kid is 15 and 200 bucks is a lot of money -
so our weekly target is $195.50per contract -thus we have his ACCOUNT LOCKED AT 1 CONTRACT -he is taking over a account i was using when i 1st signed on this site -it currently sits at around 5200 dollars
so weekly target is 195.50 any thing over is just a bonus -(9775 yearly income )
as we are successful we will increase contract size as account builds
so 12k -we will trade 2 cons = $391 weekly target(19550 yearly income )
24k - 4 con lock = $ 782 weekly target (39100 yearly income)
48k- 6 con lock = $ 1173 weekly target (58560 yearly income )
56 k -8 con lock = $ 1564 weekly target78200 yearly income )
100k - 10 con lock = 1950.50 weekly target (97525 yearly income )
144k- 12 con lock =$2346 weekly target (117300 yearly income )
180k- 16 con lock =$3128 weekly target (156400 yearly income )
240k -20 con lock =$3910 weekly target (195500 yearly income)
325k - 25 con lock =4887.5 weekly target (244375 yearly income
450k - 30 con lock =$5865 weekly target (293250 yearly income)
560k- 35 con lock =$6842.5 weekly target (342125 yearly income)
720k- 40 con lock =$7820 weekly target (391000 yearly income)
1 mill- 50 con lock = $9775 weekly target(488750 yearly income )
1.5 mil -70 con lock =$13685 weekly income (684250 yearly income)
2 mil -80 con lock = 15640 weekly target (782000 yearly income)
2.5 mil - 100 con lock =19550 weekly target (977500 yearly income )
this is our projected trading plan -
there is no time line -
results will be posted daily with a chart or 2 that match the above charts posted -
long at the green line / stop -the break of the red line -
this post will be mostly scalping with a 15/75 -crossover setups
all exits will be flattened at 7 ticks for max loss -
notice in the chart below -the yellow circle is the best shorting zone as the 15 ma (green ) has crossed below the 75 ma (purple) note the 1 tick higher stop out for early entries -
but the short entry remained the same
