I am going to take in mid June a month of work. First of all I need a break and to do something else. Second I want to feel how is it to be a ‘Real’ trader that eat and breath the market all day long.

My target in this month is quite ambitious to take £2000 and make them £20000. In other words I want to make 1000% in just one month. For doing that I will use 4 strategies:

1) Going with the trend – By using tight stop loss, try to ride on a daily trend. The idea is simple you may lose more trade than you win but those you win will generate big profit.

2) Over sold / over bought – try to guess where the market is going to change direction and then buying on the opposite direction. For example if on a day the market is going down strongly, I will try to understand where is the turning point and open a long position. With this strategy there is no stop loss and I limit the profit for 100 points on the Dow.

3) Entry point. Open a position, long or short it doesn’t mater without a stop loss and with profit limit of 100 points.

4) Buying an option. Buying an option that are close to the money and wait for it to double. For example if the Dax is 5000 then my plan is to buy the 4900 put

It will be interesting to see which method will generate more profit. I will keep you updated