Best day trading system to make constant profit on each trading day: Click Here!
Success is opportunity meeting preparation and execution.
Disclaimer- Like any other business Forex Trading too comes with certain risk. One might lose money if not done properly. Never invest money you can’t afford to lose. That's the first rule for any business. Forex Trading is not suitable for everyone
Most business be the great Microsoft, or Apple or Ford all make yearly
return of 20-30% after investing billion$ and doing too many things all through
the year. But with Forex trading one can make 50-100% profit per year from home
by investing just 2000$ or even less working few hours from home. That's the
power of Forex trading. That's the reason why traditional companies like Apple,
Microsoft are putting billion$ in Forex trading to diversify their investment
portfolios and to make new income.
Our target should be realistic in Forex. Don't target doubling your Trading Account every month, the maximum you would do by that is wiping out your whole Account. Realistic target per month is 5-10% where 10% is the maximum. Anything above that is sheer bonus for us.
Steps to put you at advantage before each trade
1- Design a trading system based on technical parameters. It can be based on indicators, price action or trend reversal. Your trading Account comes with a trading platform which has got trading charts, various indicators to help you analyze the next market movement. There are other tools too like trend line, Support/Resistance. They may sound weird and complex. But in reality they are very simple to learn. By opening a Live Account with our Regulated broker you would be given free training in Forex trading. There are many simple to understand Forex trading videos and written materials given to you just for funding your Real Account. You would also have a Account Manager to work with you and help your understanding of Forex fast and fun. You just need a funded Live Account to get these high quality services.
2- Proper Risk management and Money management. Never ever use more than 100 leverage in your trading. Money management should be safe never risk more than 1% of your Account for a single trade. The rule is 1,000 units or 0.01 lot for every 300$ in the Account at 50/100 leverage. Example you have a Live Account of 3000$, trade maximum 0.10 lots or 10,000 units per trade at 100/50 leverage at 0.01 lot for every 300$ in the Account. Always and always use fixed stop loss of proper size. Stop loss should be always inside 100 pips and it vary from 20-100 pips as per your trading system. Take- profit should be minimum 2 times of your stop-loss. So, if your stop loss is 50 pips then your take profit should be minimum 100 pips. This is proper risk management. Forex trading is a probability business by having 2 times profit size than our loss size we are giving our self a big advantage to make profit long run.
3-Once we have decided the rules for your trading system; you need to test it on currency chart. You have to see if your trading rules for your system would have given profit in the past. Chart never lies, it is unbiased. So, be true to your system and back test it exactly as per your rules for at least one year. If, the last 12 months gave you 50% profit then you have a winner in hand. Also very important to see the draw down happened in the last 12 months. Draw down is the total maximum loss happened which is the difference from the highest balance in the Account to the lowest balance. Check if as per your money management your system had ever crossed 20% draw down. If, it had crossed over 20% draw down, then the system needs to be polished. Your trading system is ready when you can come up with a system which had given you average 5% profit per month in last 12 months with maximum draw down never more than 20%.
4- Now, that you have a winner, a great trading system. Give yourself a pat on your back for this big success. Now, start trading exactly as per your trading rules, risk and money management. No changes allowed in them under any circumstances. Keep on making profit and if ever your profitable trading system hits more than 20% draw down then you have to stop trading. Then you need to go back to the drawing board. Polish you trading system or develop a new system with the same requirements. Minimum average monthly profit of 5% and maximum cumulative draw down of 20% or less. If, you have found a winning system chances are very low of that system ever hitting more than 20% draw down. So, it’s like developing a good trading system once and enjoying profit life time.
The above steps might look confusing but they are actually very simple. One just needs to give this wonderful business the respect and seriousness it deserves. Then making 50-100% profit per year is very realistic.
If you want to succeed in something find someone who is already successful in that thing. We have found you successful Professional Traders to follow. By funding your Live Trading Account by clicking the below template you would get Technical Analysis by Trading Central which is the biggest organization for Technical Analysis for Forex trading. This service costs over 1000$ a month for others, but with our company its free to the Clients. Open a Live Account, fund it and take advantage of professional Trader's Analysis for free. We suggest 2,000$ and above deposit but one can start even with 500$ to make profit in Forex trading.
Our target should be realistic in Forex. Don't target doubling your Trading Account every month, the maximum you would do by that is wiping out your whole Account. Realistic target per month is 5-10% where 10% is the maximum. Anything above that is sheer bonus for us.
Steps to put you at advantage before each trade
1- Design a trading system based on technical parameters. It can be based on indicators, price action or trend reversal. Your trading Account comes with a trading platform which has got trading charts, various indicators to help you analyze the next market movement. There are other tools too like trend line, Support/Resistance. They may sound weird and complex. But in reality they are very simple to learn. By opening a Live Account with our Regulated broker you would be given free training in Forex trading. There are many simple to understand Forex trading videos and written materials given to you just for funding your Real Account. You would also have a Account Manager to work with you and help your understanding of Forex fast and fun. You just need a funded Live Account to get these high quality services.
2- Proper Risk management and Money management. Never ever use more than 100 leverage in your trading. Money management should be safe never risk more than 1% of your Account for a single trade. The rule is 1,000 units or 0.01 lot for every 300$ in the Account at 50/100 leverage. Example you have a Live Account of 3000$, trade maximum 0.10 lots or 10,000 units per trade at 100/50 leverage at 0.01 lot for every 300$ in the Account. Always and always use fixed stop loss of proper size. Stop loss should be always inside 100 pips and it vary from 20-100 pips as per your trading system. Take- profit should be minimum 2 times of your stop-loss. So, if your stop loss is 50 pips then your take profit should be minimum 100 pips. This is proper risk management. Forex trading is a probability business by having 2 times profit size than our loss size we are giving our self a big advantage to make profit long run.
3-Once we have decided the rules for your trading system; you need to test it on currency chart. You have to see if your trading rules for your system would have given profit in the past. Chart never lies, it is unbiased. So, be true to your system and back test it exactly as per your rules for at least one year. If, the last 12 months gave you 50% profit then you have a winner in hand. Also very important to see the draw down happened in the last 12 months. Draw down is the total maximum loss happened which is the difference from the highest balance in the Account to the lowest balance. Check if as per your money management your system had ever crossed 20% draw down. If, it had crossed over 20% draw down, then the system needs to be polished. Your trading system is ready when you can come up with a system which had given you average 5% profit per month in last 12 months with maximum draw down never more than 20%.
4- Now, that you have a winner, a great trading system. Give yourself a pat on your back for this big success. Now, start trading exactly as per your trading rules, risk and money management. No changes allowed in them under any circumstances. Keep on making profit and if ever your profitable trading system hits more than 20% draw down then you have to stop trading. Then you need to go back to the drawing board. Polish you trading system or develop a new system with the same requirements. Minimum average monthly profit of 5% and maximum cumulative draw down of 20% or less. If, you have found a winning system chances are very low of that system ever hitting more than 20% draw down. So, it’s like developing a good trading system once and enjoying profit life time.
The above steps might look confusing but they are actually very simple. One just needs to give this wonderful business the respect and seriousness it deserves. Then making 50-100% profit per year is very realistic.
If you want to succeed in something find someone who is already successful in that thing. We have found you successful Professional Traders to follow. By funding your Live Trading Account by clicking the below template you would get Technical Analysis by Trading Central which is the biggest organization for Technical Analysis for Forex trading. This service costs over 1000$ a month for others, but with our company its free to the Clients. Open a Live Account, fund it and take advantage of professional Trader's Analysis for free. We suggest 2,000$ and above deposit but one can start even with 500$ to make profit in Forex trading.
Success is opportunity meeting preparation and execution.
Disclaimer- Like any other business Forex Trading too comes with certain risk. One might lose money if not done properly. Never invest money you can’t afford to lose. That's the first rule for any business. Forex Trading is not suitable for everyone
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