Luke Carbis It’s more complicated than 42.

Trading Plans

So I’ve been working on trading the SPI for a little while now, and with the help of Captain Kaos (a.k.a Grant Booth), by Jeeves, I think I’ve got it.

 

Using some pretty basic and accurate indicators, here’s the round up:

 

$25 per pip

4 pips per trade

$15 brokerage per trade

3 trades per day

13 good trades per week

2 bad trades per week

 

Here’s the formula:

(profit / trade) x (good trades / week) – (loss / trade) x (bad trades / week)

 

Put in the values:

($25 x 4 pips – $15 brokerage) x (13 good trades / week) – ($25 x 4 pips + $15 brokerage) x (2 trades per week)

 

Work it out:

($85 x 13) – ($125 x 2)

$1105 – $250 = $855

 

So, doing what I’m doing gets me $855 per week (this is worst case scenario, by the way), for working from 9 till lunch, Monday through Friday.

 

Now I just need the $15,000 required to open an account.