The difference with conventional strategies lies in the way certain brokers handle their clients’ accounts. Often, all open positions are lumped together and invested. This allows brokers to offer their customers certain advantages over a direct market system. There are no longer requotes and small deposit amounts can therefore be offered. The strategy builds upon this and allows the trader to get a real Casino edge. It is therefore not a question of recognizing a market gap, but taking advantage of the preconditions offered by a broker.
Strategy requirements
This strategy only works with brokers with the following characteristics
-Leverage: 500: 1
-Spread: > 2 pips
-Minimum deposit 10 $
-No deposit fees
-Negative Balance Protection = 0 Slippage
-Minimum trading volume: 0.001 lots or 0.01 microlots
-No Requotes
The strategy
With this strategy, the trader tries to gain an edge over the broker (bank). In order to explain the strategy in a simple way, we have to briefly illustrate this with an example of why the normal trader has a disadvantage in the forex market and thus loses in the long term..
Just as the zero in the roulette game in the casino, the trader is at a disadvantage due to the spread at the beginning of each trade. This results in a negative expectation that cannot be avoided and which is responsible for the normal trader being devoured by the costs in the long term as a result of an assumption of an easy chance of rising or falling prices.
However, what happens if the trader can lose more per trade than he has deposited?
Let us take an example
We need to trade so that we do not risk 100% of our capital.
Another example of engulfing bars
Optional personal approach for great profit
– In addition, I enter my positions rather aggressively with stop-order at important technical supports/resistances every 20-50 pips. (Pyramidizing)
– I try to trade intraday 3 – 5 times
– Again no SL and the TP is worth $ 500
With this strategy and with the right broker, I can lose more money than I have deposited. So I trade without my own risk. If the position goes against me, I can make a loss of $ 15-20 from the deposited $10. Therefore even news trading does not create a negative slippage which you have to pay for, since you only deposited $10, so the strategy of Toni112 works excellently.
Not every broker fulfills the necessary requirement. On my website brokerhack.com you can find out in which brokers this strategy works, and in addition I trade live on Twitter.
Strategy requirements
This strategy only works with brokers with the following characteristics
-Leverage: 500: 1
-Spread: > 2 pips
-Minimum deposit 10 $
-No deposit fees
-Negative Balance Protection = 0 Slippage
-Minimum trading volume: 0.001 lots or 0.01 microlots
-No Requotes
The strategy
With this strategy, the trader tries to gain an edge over the broker (bank). In order to explain the strategy in a simple way, we have to briefly illustrate this with an example of why the normal trader has a disadvantage in the forex market and thus loses in the long term..
Just as the zero in the roulette game in the casino, the trader is at a disadvantage due to the spread at the beginning of each trade. This results in a negative expectation that cannot be avoided and which is responsible for the normal trader being devoured by the costs in the long term as a result of an assumption of an easy chance of rising or falling prices.
However, what happens if the trader can lose more per trade than he has deposited?
Let us take an example
We need to trade so that we do not risk 100% of our capital.
- For a better illustration, I always start with a $ 1000 trading capital. The currency pair traded is the EUR/USD
- 1 % is risked per trade so only $ 10 is deposited on the trading account!!!
- I wait for false breakouts in the hourly chart (Engulfing patterns and Pinbars in the direction of the trend, which were previously broken in the intraday period and arise on a day full of news. You can follow me on Twitter.)
- Now I enter a trade with 5 microlots without SL
- If the position goes against me, I lose more than $ 10 and the broker must compensate for the rest.
- The take profit is $ 100
You can see an example with pinbars on the charts.
Another example of engulfing bars
Optional personal approach for great profit
– In addition, I enter my positions rather aggressively with stop-order at important technical supports/resistances every 20-50 pips. (Pyramidizing)
– I try to trade intraday 3 – 5 times
– Again no SL and the TP is worth $ 500
With this strategy and with the right broker, I can lose more money than I have deposited. So I trade without my own risk. If the position goes against me, I can make a loss of $ 15-20 from the deposited $10. Therefore even news trading does not create a negative slippage which you have to pay for, since you only deposited $10, so the strategy of Toni112 works excellently.
Not every broker fulfills the necessary requirement. On my website brokerhack.com you can find out in which brokers this strategy works, and in addition I trade live on Twitter.