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The Forex Trade Progress Tracking system is intended to be used a a tracking tool to measure y
progress as you travel the road to success. This tool is not a trading plan in itself. You MUST
develop a trading plan to help guide you on your entries, exits and proper money management
techniques.
• This system consists of a starting, ending destination, milestones, timeframes and a means to measure your progress.
that in order to achieve your goal you need to take small easily attainable steps along the way. As long as you are meet
you can rest assured knowing you will meet the longer term objective.
• The objective of this system is to make a minimum of a certain number of pips per week. This does not mean that if you
only have to make half of those pips. You still need to make a certain number of pips per week regardless of the numbe
• This system contains a built in money management rule of NEVER put more than a certain percentage (
total trade balance at risk in any one trade.
• As your trading account grows you will encounter significant milestones. When each milestone is reached you will incre
trade size per trade yet still never overleverage your account (i.e. placing more than your risk tollerance) on any one trad
• Your risk tollerance will always be a constant percentage throughout this "journey". Therefore as your trading account g
you will be putting more DOLLAR risk into a trade however don't think in terms of DOLLARS. Think in terms of percenta
"Risking $150.00 when your trading acct size is $3000 is NO DIFFERENT than Risking $2500 when your trad
• On the parameters worksheet plug in the various paramets and then switch to the Raw Data worksheet to view the road
constructed based on your parameters.
• On a weekly basis record the number of pips you made in the actuals column for the appropriate week in the 'Pips Per W
Also record your current trading account balance for the appropriate week in the 'Account Balance Per Week Progress t
will show up in the graphical charts for the appropriate part (color coded) and will be indicated as blue bars. Use these
versus actual progress to see if you are on track. .
ecial Notes
This does not mean that if you traded 2 minis/lots you would
week regardless of the number of minis/lots you are trading.
4/1/2006
4/1/2006
4/8/2006
4/8/2006
4/15/2006
4/15/2006
4/22/2006
4/22/2006
4/29/2006
4/29/2006
5/6/2006
5/6/2006
5/13/2006
5/13/2006
5/20/2006
5/20/2006
5/27/2006
5/27/2006
6/3/2006
6/3/2006
6/10/2006
6/10/2006
6/17/2006
6/17/2006
6/24/2006
6/24/2006
7/1/2006
7/1/2006
7/8/2006
7/8/2006
7/15/2006
7/15/2006
7/22/2006
7/22/2006
7/29/2006
7/29/2006
8/5/2006
8/5/2006
8/12/2006
8/12/2006
8/19/2006
8/19/2006
8/26/2006
8/26/2006
9/2/2006
9/2/2006
9/9/2006
Planned
9/9/2006
9/16/2006 Actual
9/23/2006 9/16/2006
9/30/2006 9/23/2006
10/7/2006 9/30/2006
10/14/2006 10/7/2006
10/21/2006 10/14/2006
10/28/2006 10/21/2006
11/4/2006 10/28/2006
11/11/2006 11/4/2006
11/18/2006 11/11/2006
11/25/2006 11/18/2006
12/2/2006 11/25/2006
12/9/2006 12/2/2006
12/16/2006 12/9/2006
12/23/2006 12/16/2006
12/30/2006 12/23/2006
11/4/2006 10/28/2006
11/11/2006 11/4/2006
11/18/2006 11/11/2006
11/25/2006 11/18/2006
12/2/2006 11/25/2006
12/9/2006 12/2/2006
12/16/2006 12/9/2006
12/23/2006 12/16/2006
12/30/2006 12/23/2006
1/6/2007 12/30/2006
1/13/2007 1/6/2007
1/20/2007 1/13/2007
1/27/2007 1/20/2007
2/3/2007 1/27/2007
2/10/2007 2/3/2007
2/17/2007 2/10/2007
2/24/2007 2/17/2007
3/3/2007 2/24/2007
3/10/2007 3/3/2007
3/17/2007 3/10/2007
3/24/2007 3/17/2007
3/24/2007
10000
15000
20000
5000
count Balance Per Week Progress
Planned
Actual
10000
15000
20000
25000
30000
35000
Part 2 Pips Per Week Progress
Part 2 Account Balance P
0 10 20 30 40 50 60 70 80 90
3/31/2007
3/31/2007
4/7/2007
4/7/2007
4/14/2007
4/14/2007
4/21/2007
4/21/2007
4/28/2007
4/28/2007
5/5/2007
5/5/2007
5/12/2007
5/12/2007
5/19/2007
5/19/2007
5/26/2007
5/26/2007
6/2/2007
6/2/2007
6/9/2007
6/9/2007
6/16/2007
6/16/2007
6/23/2007
6/23/2007
6/30/2007
6/30/2007
7/7/2007
7/7/2007
7/14/2007
7/14/2007
7/21/2007
7/21/2007
7/28/2007
7/28/2007
8/4/2007
8/4/2007
8/11/2007
8/11/2007
8/18/2007
8/18/2007
8/25/2007
8/25/2007
9/1/2007
9/1/2007
9/8/2007
Planned
9/15/2007 9/8/2007
Actual
9/22/2007 9/15/2007
9/29/2007 9/22/2007
10/6/2007 9/29/2007
10/13/2007 10/6/2007
10/20/2007 10/13/2007
10/27/2007 10/20/2007
11/3/2007 10/27/2007
11/10/2007 11/3/2007
11/17/2007 11/10/2007
11/24/2007 11/17/2007
12/1/2007 11/24/2007
12/8/2007 12/1/2007
12/15/2007 12/8/2007
12/22/2007 12/15/2007
12/29/2007 12/22/2007
11/3/2007 10/27/2007
11/10/2007 11/3/2007
11/17/2007 11/10/2007
11/24/2007 11/17/2007
12/1/2007 11/24/2007
12/8/2007 12/1/2007
12/15/2007 12/8/2007
12/22/2007 12/15/2007
12/29/2007 12/22/2007
1/5/2008 12/29/2007
1/12/2008 1/5/2008
1/19/2008 1/12/2008
1/26/2008 1/19/2008
2/2/2008 1/26/2008
2/9/2008 2/2/2008
2/16/2008 2/9/2008
2/23/2008 2/16/2008
3/1/2008 2/23/2008
3/8/2008 3/1/2008
3/15/2008 3/8/2008
3/22/2008 3/15/2008
3/22/2008
200000
400000
600000
800000
count Balance Per Week Progress
Planned
Actual
400000
600000
800000
1000000
1200000
1400000
1600000
Part 3 Pips Per Week Progress
Part 3 Account Balance Pe
0 10 20 30 40 50 60 70 80 90
3/29/2008
3/29/2008
4/5/2008
4/5/2008
4/12/2008
4/12/2008
4/19/2008
4/19/2008
4/26/2008
4/26/2008
5/3/2008
5/3/2008
5/10/2008
5/10/2008
5/17/2008
5/17/2008
5/24/2008
5/24/2008
5/31/2008
5/31/2008
6/7/2008
6/7/2008
6/14/2008
6/14/2008
6/21/2008
6/21/2008
6/28/2008
6/28/2008
7/5/2008
7/5/2008
7/12/2008
7/12/2008
7/19/2008
7/19/2008
7/26/2008
7/26/2008
8/2/2008
8/2/2008
8/9/2008
8/9/2008
8/16/2008
8/16/2008
8/23/2008
8/23/2008
8/30/2008
8/30/2008
9/6/2008
Planned
9/13/2008
9/6/2008
Actual
9/20/2008 9/13/2008
9/27/2008 9/20/2008
10/4/2008 9/27/2008
10/11/2008 10/4/2008
10/18/2008 10/11/2008
10/25/2008 10/18/2008
11/1/2008 10/25/2008
11/8/2008 11/1/2008
11/15/2008 11/8/2008
11/22/2008 11/15/2008
11/29/2008 11/22/2008
12/6/2008 11/29/2008
12/13/2008 12/6/2008
12/20/2008 12/13/2008
12/27/2008 12/20/2008
11/1/2008 10/25/2008
11/8/2008 11/1/2008
11/15/2008 11/8/2008
11/22/2008 11/15/2008
11/29/2008 11/22/2008
12/6/2008 11/29/2008
12/13/2008 12/6/2008
12/20/2008 12/13/2008
12/27/2008 12/20/2008
1/3/2009 12/27/2008
1/10/2009 1/3/2009
1/17/2009 1/10/2009
1/24/2009 1/17/2009
1/31/2009 1/24/2009
2/7/2009 1/31/2009
2/14/2009 2/7/2009
2/21/2009 2/14/2009
2/28/2009 2/21/2009
3/7/2009 2/28/2009
3/14/2009 3/7/2009
3/21/2009
3/14/2009
3/21/2009
3000000
0
1000000
2000000
ccount Balance Per Week Progress
Planned
Actual
2000000
3000000
4000000
5000000
6000000
Part 4 Pips Per Week Progress
Part 4 Account Balance Pe
0 10 20 30 40 50 60 70 80 90
3/28/2009
3/28/2009
4/4/2009
4/4/2009
4/11/2009
4/11/2009
4/18/2009
4/18/2009
4/25/2009
4/25/2009
5/2/2009
5/2/2009
5/9/2009
5/9/2009
5/16/2009
5/16/2009
5/23/2009
5/23/2009
5/30/2009
5/30/2009
6/6/2009
6/6/2009
6/13/2009
6/13/2009
6/20/2009
6/20/2009
6/27/2009
6/27/2009
7/4/2009
7/4/2009
7/11/2009
7/11/2009
7/18/2009
7/18/2009
7/25/2009
7/25/2009
8/1/2009
8/1/2009
8/8/2009
8/8/2009
8/15/2009
8/15/2009
8/22/2009
8/22/2009
8/29/2009
9/5/2009
8/29/2009
Planned
9/12/2009 9/5/2009
Actual
9/19/2009 9/12/2009
9/26/2009 9/19/2009
10/3/2009 9/26/2009
10/10/2009 10/3/2009
10/17/2009 10/10/2009
10/24/2009 10/17/2009
10/31/2009 10/24/2009
11/7/2009 10/31/2009
11/14/2009 11/7/2009
11/21/2009 11/14/2009
11/28/2009 11/21/2009
12/5/2009 11/28/2009
12/12/2009 12/5/2009
12/19/2009 12/12/2009
12/26/2009 12/19/2009
10/31/2009 10/24/2009
11/7/2009 10/31/2009
11/14/2009 11/7/2009
11/21/2009 11/14/2009
11/28/2009 11/21/2009
12/5/2009 11/28/2009
12/12/2009 12/5/2009
12/19/2009 12/12/2009
12/26/2009 12/19/2009
1/2/2010 12/26/2009
1/9/2010 1/2/2010
1/16/2010 1/9/2010
1/23/2010 1/16/2010
1/30/2010 1/23/2010
2/6/2010 1/30/2010
2/13/2010 2/6/2010
2/20/2010 2/13/2010
2/27/2010 2/20/2010
3/6/2010 2/27/2010
3/13/2010 3/6/2010
3/20/2010 3/13/2010
3/20/2010
6000000
0
2000000
4000000
count Balance Per Week Progress
Planned
Actual
4000000
6000000
8000000
10000000
12000000