Hi,
Much has been said about the bug
and it looks like its not a temporary thing
it maybe with us for a while
whats your plan for this new normal?
It's time to get even half serious with
trading the markets
You need a plan that works to give you
profits for additional income..
You need a minimum $500 trading capital
Trade on 0.01 lots per trade
Have a maximum of 10 open trades at any time
If you have $2,000 capital, you would still
trade a maximum of 10 trades at any given time
But, your lotsize will be 0.04 lots
to get lot size fo your capital.. divide your capital by
500 and multiply the answer with 0.01
for example if you have $3,500 capital
then 3,500 / 500 = 7
7*0.01 = 0.07 lots,
Lastly you need a price action based system
that is not dependent wholly on technical and
fundamental rules.
if you have a fibonacci based system you could use that
or you can consider Zenith Harmonic Patterns Scanner
our flagship product that has proven profitable through
and through..
Also get a legitimate broker who doesnt hunt your stops
if you have a locally regulated broker with good reputation
then you might want to consider that.
Here are a few helpful links:
ZHP Scanner - https://zenithharmonic.com/scanner
Honest Broker - https://zenithharmonic.com/xm
Best,
Mike N
|
|
|
