Grado In attesa
,
Reale , USD
,
IC Markets , 1:500 ,MetaTrader 4,
$40.00/Month
- STRATEGY. Multicurrency short-term trade during asian session based on indicator analysis + integrated additional filters. Average holding time up to several hours, seldom trades may keep running for a few days. Quantity of pairs varies (from 5 to 15) subject to market condition changes and regular optimisation process.
- SAFETY. Never use: grid techniques, martingale. All orders always have fixed Stop Loss levels.
- (!) TARGET PROFIT (!). Please always keep in mind that this strategy is focused on safety, thus there is no straightforward upwards profitability line. A lot of minor lossy trades will occur, because this system tries to avoid keeping orders for days and catching big losses. Therefore target monthly result can not be predicted, but you could use historical data to have overall understanding. It is important to keep in mind that lossy trades and even lossy months will occur - this is part of strategy! Patience is the key.
- BROKER. Choose reliable broker with true ECN order execution. Incorrectly chosen broker will lead to losses due to huge slippage and high spread.
- RISK MANAGEMENT. Recommended minimum deposit 500 USD. Risk level is 10% per one trade, several orders might be open during one asian session.
- RESPONSIBILITY. You and only you are responsible for trading result, risk factor and possible losses. Even when you copy a signal! This is a very important idea if you wish to be a profitable FOREX trader on long-term. Yes I understand that it is so easy to blame bad broker, lossy signal manager or bad luck in a loss occurred. But only once you accept 100% responsibility on your shoulders you open your mind to opportunities on improving financial result - changing a broker, becoming more careful & smart, change the way to choose MQL5 signal etc. Otherwise FOREX is just a casino for you.
- DIVERSIFICATION. All FOREX media sources write about it, yet I will also mention this topic because it is crucial. Forex investments should be diversified in such a way, that profits gained are valuable enough, yet a possible loss won't stun you with panic. Based on this principle, bigger investments should be dedicated to safe and stable signals, while smaller funds should be dedicated to aggressive signals.
- PROFIT WITHDRAWALS. Yes, this is a must-have if you want to be profitable on FOREX. Only you decide how often and how much % profit should be withdrawn from each account. But you have to do it if you want to avoid big losses on unexpected force-majeure situation. By the way, such procedure also increases your mood and excitement, because it is so nice to withdraw profits, isn't it? :-)