Last month I did not achieve my target in 3 trading contest. Now it is a new month, and it is a fresh beginning.

For trader contest, I will do pure scalping this month. My experience don't support catch large movement of price with reasonable stop loss points. So, I reduce my target. I trader AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, and sometimes may also trade AUD/JPY, CAD/JPY, EUR/JPY, and GBP/JPY, all of them are major pairs. Default amount is set to 16 lots per 100K USD per instrument. I take max 4 positions at most, so MAX loss in a day is limited to 132 points of various base currencies.

In old binary contest, I will try to win two bets per day, one is from 1000 to 1900, second is from 1900 to 3610. After that, I quit contest account and continue trading in demo account.

In touch binary contest, I will try to limit daily loss to 6K USD. And I will have no more than 3K risk exposure for normal opportunities. 5K risk exposure is only feasible for extremely good chance. Daily profit target is 6K USD too.

Generally speaking, my trader contest profit target is 100K USD; old binary profit target is 20K USD; touch binary profit target is 30K USD.
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