So I've made over $1455 in September 2016 so far.
Since start I've made over $10,000 in profit on my account!
This is a live account with my real money. Not a demo!!!
Trading plan. 10 Rules to follow.
1. Only trade .01 lot size per $1000. i.e. $2000 would allow you to trade .02 lot size.
2. First entry trade is always .01 lot size that increases .01 lot size each time seen going 5 pips in the wrong direction. Follow this with rule #1 based on account size.
3. All trades have a TP limit of 50 pips. No stop loss.
4. Trade pairs that have changed over 100 pips in the same day. This can be seen best on the 4H chart.
5. Close any trade that you see make over 20 pips. No matter what. Find a new pair to trade.
6. Double each trade after 50 pips change in the wrong direction.
7. Always keep the Usable Margin over 75%. Stop opening trades if it drops below 75%. Wait for the turnaround . Use Zone Recovery if 50% Usable Margin is reached.
8. Withdraw 50% of earnings per month. Keep the rest to trade.
9. Trade in positive pair rollover direction. Always.
10. Use Fibonacci Retracement to find trades to open.
Link to myfxbook below.
http://www.myfxbook.com/members/moate...
Since start I've made over $10,000 in profit on my account!
This is a live account with my real money. Not a demo!!!
Trading plan. 10 Rules to follow.
1. Only trade .01 lot size per $1000. i.e. $2000 would allow you to trade .02 lot size.
2. First entry trade is always .01 lot size that increases .01 lot size each time seen going 5 pips in the wrong direction. Follow this with rule #1 based on account size.
3. All trades have a TP limit of 50 pips. No stop loss.
4. Trade pairs that have changed over 100 pips in the same day. This can be seen best on the 4H chart.
5. Close any trade that you see make over 20 pips. No matter what. Find a new pair to trade.
6. Double each trade after 50 pips change in the wrong direction.
7. Always keep the Usable Margin over 75%. Stop opening trades if it drops below 75%. Wait for the turnaround . Use Zone Recovery if 50% Usable Margin is reached.
8. Withdraw 50% of earnings per month. Keep the rest to trade.
9. Trade in positive pair rollover direction. Always.
10. Use Fibonacci Retracement to find trades to open.
Link to myfxbook below.
http://www.myfxbook.com/members/moate...
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