Hi there,
t
Forget trends lines, Fibonacci, charts reading, moving average, or anything you have ever learnd about forex.
Forex trading its not about charts or luck, its all about money management.
Creat and get a 1000 trading systems that will give you 100,000 pips weekly, trust me when i say you cant profit from the 100k pips weekly without a good money management strategy,
there is some great working amazing profitable money management "MM" i use in any charting system, i've posted it in another thread, and im ganna post in again in here :
t
use a little % of your whole capetal, just like %1, and X2 it when you lose.
Exampel-
in $10,000 account..
first day you lost 100 pips what means $100
thats %1 of your account.
2nd day you enter with $200 what means %2 of ur account, if you win 100 pips then you have made %1 profit in 2 days, if you lost the %2 again in the 2nd day.
then the 3rd day come, you enter with %4 of your account, if you win 100 pips then you have made %1 profit in 3 days, if you lost the %4 then enter with %8 in the 4th day
its kinda easy money management strategy, and it can low the risk..
there is another thing important, that your first entary is what you will get after the end of the lossing wave, exampel, when u first enter with $1000, and got 10 losses in row in 10 days, and won in the 11 day, that means you have made $1000 in 11 days, if you entered with $10, and again got into 10 lossing trades in row, and won in the 11 day that means you have made just $10 in 11 days. so its matter how much money you have in ur account since you just ganna use %1 or %2 of ur whole capetal.
another thing, you need to TP the same amount of pips if u wanna use this money management strategy.
TRY IT then you will thank me ur whole amazing life for it..
Just enter the market all the times with a sell or buy position, use 100 pips TP and 100 pips SL, make sure you have a good amount of money in ur account, then start to lose money/pips daily, try it over and over again, you will lose nothing, you just need 1 trade to win in 100 years and u still profit
There is no unworking MM strategy, try them all, its all about money and money management my friends, make sure to creat or to learn a good one, then i promies you will gain a huge income.
Thanks for reading feel free to PM for more informations
-Faris.
t
Forget trends lines, Fibonacci, charts reading, moving average, or anything you have ever learnd about forex.
Forex trading its not about charts or luck, its all about money management.
Creat and get a 1000 trading systems that will give you 100,000 pips weekly, trust me when i say you cant profit from the 100k pips weekly without a good money management strategy,
there is some great working amazing profitable money management "MM" i use in any charting system, i've posted it in another thread, and im ganna post in again in here :
t
use a little % of your whole capetal, just like %1, and X2 it when you lose.
Exampel-
in $10,000 account..
first day you lost 100 pips what means $100
thats %1 of your account.2nd day you enter with $200 what means %2 of ur account, if you win 100 pips then you have made %1 profit in 2 days, if you lost the %2 again in the 2nd day.
then the 3rd day come, you enter with %4 of your account, if you win 100 pips then you have made %1 profit in 3 days, if you lost the %4 then enter with %8 in the 4th day
its kinda easy money management strategy, and it can low the risk..
there is another thing important, that your first entary is what you will get after the end of the lossing wave, exampel, when u first enter with $1000, and got 10 losses in row in 10 days, and won in the 11 day, that means you have made $1000 in 11 days, if you entered with $10, and again got into 10 lossing trades in row, and won in the 11 day that means you have made just $10 in 11 days. so its matter how much money you have in ur account since you just ganna use %1 or %2 of ur whole capetal.
another thing, you need to TP the same amount of pips if u wanna use this money management strategy.
TRY IT then you will thank me ur whole amazing life for it..
Just enter the market all the times with a sell or buy position, use 100 pips TP and 100 pips SL, make sure you have a good amount of money in ur account, then start to lose money/pips daily, try it over and over again, you will lose nothing, you just need 1 trade to win in 100 years and u still profit
There is no unworking MM strategy, try them all, its all about money and money management my friends, make sure to creat or to learn a good one, then i promies you will gain a huge income.
Thanks for reading
feel free to PM for more informations -Faris.
