TalosFX is a trend trading strategy on EUR/USD.
No martingale, grid or other averaging strategies are being used.
There are a maximum of two trades at the same time.
Every trade has a stop loss.
I calculate the risk on the average current volatility. Therefore a loosing position on "average" will loose us 0,5-1% (=15-30 pips). Sometimes more, sometimes less.
Same with the take profit, it is also calculated on the average current volatility. One trade has a tighter take profit (usually between 16-30 pips), and the second one a much wider take profit (usually 40-75 pips).
Minimum balance is $300+. Recommended balance: $1500+ (better money managment, to make up the signal costs,..)
I understand that especially smaller accounts want to make fast money, but i really suggest to only copy this signal with 1x risk (or lower).
Risk x2 should be okay, but don't underestimate the psychological aspect of such big swings. I prefer a relaxed sleep over the constant worry about my trading account.
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No martingale, grid or other averaging strategies are being used.
There are a maximum of two trades at the same time.
Every trade has a stop loss.
I calculate the risk on the average current volatility. Therefore a loosing position on "average" will loose us 0,5-1% (=15-30 pips). Sometimes more, sometimes less.
Same with the take profit, it is also calculated on the average current volatility. One trade has a tighter take profit (usually between 16-30 pips), and the second one a much wider take profit (usually 40-75 pips).
Minimum balance is $300+. Recommended balance: $1500+ (better money managment, to make up the signal costs,..)
I understand that especially smaller accounts want to make fast money, but i really suggest to only copy this signal with 1x risk (or lower).
Risk x2 should be okay, but don't underestimate the psychological aspect of such big swings. I prefer a relaxed sleep over the constant worry about my trading account.
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