Jump to content

Simple Trading Strategy


Recommended Posts

Re: Simple Trading Strategy

 

of course... i have to have my MM prepared for stoploss of 560x3 or 560x4 risk. i would then need either a very huge account to trade or use nano lots to trade on a $1000.00 account. it simply doesnt make sense.

 

Simply don't use this method then. You may overtrade with your MM, and I see many people can do it right.

Link to comment
Share on other sites

Re: Simple Trading Strategy

 

so sorry, did not notice that link earlier.. but i cannot understand indonesia language.

 

Let me explain here. Actually we can set this method even for $100 account, but I will use $10.000 for example.

First on first, we set risk level 5% of equity. Means for every loss trade you make, you will loss 5% of your equity.

5% x $10.000 = $500

And the SL always 560 for 14 pairs (about @40 / pair).

So opened LOT = 0.89 for micro account.

 

And when you get profit from your trade, the profit is about $1.780 (2000 pip).

When you loss 4 times in a row you will loss totally for $2.000, how ever your equity still $8.000. I believe it is far away from MC.

Surely you can set risk level as your favor. It could be 10%, 20% or whatever you like.

 

Hope that help.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...