Mid term assessment

An update of my returns for past 6 months:

CFD Trades: +24% half yearly, or +8% per month.

FX Trades: -0.8% half yearly or -0.07% per month.

Could I have done better, and how to do better?

CFD Trades:

1. Could definitely have done much better.
2. Need to be loyal to trading plan.
3. Always put in comfortable position size. This would allow me to relax when there is drawdown.
4. No need to ovemonitor my positions. This will cause unnecessary panic.
5. My target is 10% per month on my trades. Therefore, by end of year, I hope to achieve returns of $3,858, or total capital of, $8,858.

FX Trades:

1. The past 6 months has been more like a trial run, since I'm new to forex trading. My trading performance has also seen see-sawing performance.
2. On closer look, actually my core trades are doing much better than my intra-day trades. My intra-day trades have all lost me money. There was no swing trade done.
3. Over the next 6 months, therefore, I will put in more resources into core trades. I intend to set up this way: Risk for core trades: 5% trading capital of $5,000; swing-trades: 1% and intraday: S$10.
4. I will set a more modest target of 5% per month for my fx trades, as I am still unsure about streams of income from swing and intraday trades. My target for FX trading: S$6,700 or S$1,700 profit by year end.