Businessplan & Tradingplan FxTradersroom Trading Systems

Become a Specialist
presented by

Chris Zechmeister

Preface I am a Consistent Profitable 10 lot Trader! Introduction Chapter 1 Description of the FxTradersroom Trading Systems Timeframe Trading M5 / overall direction M15 Preparation / News times Entry Position management Exit strategies closing half of the position after + 6 stop to BE final position up to predefined target Initial stop loss (predefined and set with the execution) 10 points RRR (IRRR = Initial RRR) 10 points 1. DAX opening strategy (description) 2. Grids / Support and Resistance levels / O2W 3. M5 entries on 5/13 crosses Trading times 08:00 09:00 (preparation) 09:00 - 11:00 14:00 - 17:30 Instrument to trade (FOCUS): DAX CFD (opening strategy) EUR/USD GBP/USD EUR/AUD Volatility check: daily / weekly / ADR 5 and 10 days Tradelog

Daily Weekly Monthly Mastertemplate Description Contents EMAs 5/13 cross M5 Trading account Initial Account size funding: Euro 5.000,-1 lot x 7 pips sl = 2 lots x 7 pips sl = Leverage 500:1 Chapter 2 Money & Risk Management Chapter 3 (Mastermind Tradersmind - e-book) Trading psychology Conscious Mind Subconcious Mind Unconscious Mind Discipline Sticking to the Rules Chapter 4 Equipment / Hardware / Software (cTrader) Chapter 5 Money- and Position Management Daily targets Cash & Points / or get what the market gives you 20 x 20 Trade sheets (live after 5 sheets completed and positive expectancy >2 pips net) Analysis Chapter 6 Literature Chapter 7

Notes TRADE to Success The fundamentals of the goal achievement process are: Knowing specifically what you want to achieve, and what achieving it will be like. Knowing why you want to achieve your goal, and why you can achieve it. Creating an action plan for achieving your goal. Taking action, and noticing the feedback as you move towards achieving it. The TRADE model can be useful in helping you to identify your goals and plan their accomplishment. Practical Strategy: TRADE to Success Target what specifically do you want to achieve? When, where, with whom? How will you know when you have achieved this? Write your goal in the positive: what you want and not what you are trying to avoid. Reasons why is achieving this goal important to you? (Think back to STRATEGY 4, and designing your life. Think also in terms, though, of personal excellence and improvement.) Action what action will you take/what needs to happen? Are there any possible obstacles? Do take action! Evaluate when and how will you keep track of your progress?

Raise your Standards! Change your limiting beliefs! Model a system what works! Increase your intensity!