Last year Feb./2016 i discovered day trading, and Tim Sykes on you tube. I instantly fell in love with the idea of taking some of my money and turning it into some more money and more and more. i started a trading account with Scottrade(the week before i found Tim) i'm happy with them nun the less. As i assume all new traders do... i set big unrealistic goals. i wanted to grow my account FAST! i was in and out of work(OILFIELDS), and this was going to be my golden ticket to a better life. In a few weeks i was off to a hot start turning 2.4k into roughly 6.8k. i went back to work and couldn't stop my new found trading habit. Long story short i ended up with a whopping $291 dollars in my account. I stopped trading all together by June/2016 do to blowing up my account and work slowing down again, so no money to add to the account. Besides i needed to leave it alone for a while.

Well today I'm in a better position to trade in the AM at work than i was before and am making more than i was before. So i'm adding money to my account with new realistic goals that i think are attainable because they are SMALL.

1) +$250.00 to my account every week outta my pay-checks

2) Only get into positions where i can afford at least 1000 shares

3) Only look for .10-.15/share gains for anywhere from $100-$150 profit/trade

4) Only allow .05/share losses. Which if my research is spot on, and I'm only getting into great set ups i shouldn't have to worry about.

5) Take my profits just as quick as i would cut my losses. Don't get greedy and stick to the plan.

6) Keep track of my trades diligently. What was the set up?, my strategy, sector, time of day, price, goals met, ect...

7) If plan is working and weekly goals are being met after 3 months, up the gains i'm looking for by 50%. i would say 100% but that's being optimistic.

If i stick to this plan, not changing anything 3 months in and gaining my low end .10/share. I should grow my account by $2200/month. Which should net me $13,200 6 months down the road.

8) After 6 months reevaluate my goals and set larger yet still small goals.