Back on track (pun unintended)!

Haha, following my last post, today is the "post (about my forex plan) later today"...which is really a "tomorrow" by yesterday's standards.

For fitness, nope, I still haven't ran a single bit since I last lost the war against IPPT. But I did go back to doing chin ups and sit ups. For the record, I can safely say I am now able to achieve the pass standard for IPPT - 6 chin ups. I'm thinking of doing some charts on a piece of mahjong paper and putting them up on the wall. To remind me of what has been achieved and what more can be. In fact, that sounds like a good exercise for anything major in life. So there's financial, academics, love, social, etc etc

Anyway, I'm ultra late in executing my plan to pull my socks up as a forex trader. Oh wait, to sidetrack a little, I lost all my data on my expenditure which I've been recording in my hp since 12 days ago (which is the start of August). I guess that teaches me about backing up data. Especially when I have a laptop which seems affected by either a worm or virus.

Anyway, on to my detailed forex plan. First the timeline.

8 Aug Finalise Forex plan
9 Aug - 8 Sept Test method 1
9 Sept - 8 Oct Test method 2
9 Oct - 8 Nov Test method 3

In the midst of typing this post, I thought I had already done this sometime back. I checked, twice. And I realised I am way behind in my blogging. MANY things and incidents that I think is worthy of mention is left out. Mostly unintentionally.

Anyway, the approaches I'm taking is going to be very foundational and traditional tools of technical analysis. Support and Resistance lines, Triangles and Channels. I haven't figured how to trade all of those. But I have quite a detailed test plan out for the first. (That again warrants another post - it's way to long to subsume under this one) But one thing is certain, I need to be doing at least 1000 backtested trades per window of 1 mth.

So that's that, I got a few of my friends to passively check my progress, which means they won't hound me if I don't do anything which I plan to do, but I would send some reports or reflections to them at the end of each period. Serves as a motivation to me. I (hopefully) tend to work harder when we think I need to disclose how much I've accomplished.