I'm a working dude. I put money out of my paycheck into 2 things for investment: mostly buy and hold long term stock stuff with no leverage, and a forex account that I just opened for smaller amounts. I plan to trade this with massive overleverage. What you can expect from this journal: 1. Infrequent trades. Probably no more than 3 a month and that will be unusual. 2. Way too much leverage. 3. Monthly to bimonthly contributions (me adding money to the account) I'm trading my personal take on ACD. I only trade the AUD/USD because it has nice moves right now. I only enter positions near the beginning of the month. I don't mind massive % drawdowns because I plan to make monthly contributions. 10% yearly would be nice and all but doesn't really do much for me on a $500 account. Thats my starting balance by the way. I fully expect to lose at least 20% on my bad trades but thats OK because I'm adding more money periodically. The goal is to run the account up to a level where the losses in real $ amounts get to the edge of my comfort zone and then I will scale the risk back to a reasonable %. I use daily levels and a monthly level to get into trades. I calculate them using a different method than usual. I'll explain it some time. Right now I'm short at 1.0262 $2 a pip. My monthly A down is at 1.0238. Like I said I use my own calculation and it would be way different as a % of ATR for other products. It is based off analysis of monthly swings in the last 10 months or so. I don't have a hard stop or target. The stop is based on price action and my levels. I guess it isn't true that I don't have a hard stop because a margin call is definitely a type of stop loss. The point of this journal is entertainment. My first criteria to get out will be if there is a strong reversal bar around my A down level, or above it. If I get a close below it on the daily chart I'll be looking to hold for a trend.