people of informedtrades.com. your thoughts please

i am to open two accounts. one to trade equities] and one with fxcm.com.[of mini contracts at $10k].

1.keeping my risk management at 2%.

2. the no.of shares i can purchase will be determined by my maximum $ risk divided by the difference between my entry and initial stop.

3.entry into the market will be based on my interpretation that the 'financial instrument' is in a trend.i may look for a pull back or a breakout or a sign from god. exit will be based on the price going against me and stopping me out or a moving stop if the trade goes with me.

4.indicators: trend line to get the direction of the trend. support and resistance to identify possible barriers. ATR to help with placing stops, stochastic to help with sentiment and ADX to see the strength of the trade [ +D and -D to see what mood the buyers and sellers are in]

of course they'll be lots of chanting and candles with music of the ocean in the background

as for forex,

similar thing. my risk is worked out at $10 a pip when the usd is not the base currency. i can then divide my maximum $risk value by the cost of each pip, to identify maximum amount of pip movement from the entry price that would not exceed my maximum $risk.

ok dave well thats the long and the short of it [unintentional pun]. what do you make of my thought process?