You MUST adjust for your spread with every single Forex trade you place…not just those from signal providers. If you have no clue what I’m talking about, neither does pretty much anyone else when he comes to me so don’t feel bad. Just get it right from this point on.
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Read more »[table id=44 /] TRADE #1 2.5:1 leverage on a $2000 = $0.50/pip $0.50/pip x 10-pip win = $5.00 $5.00 ÷ $2000 = 0.0025 or +0.25% TRADE #2 2.5:1 leverage on a $2000 = $0.50/pip $0.50 x 43-pip win = $21.50 $21.50 ÷ $2000 = 0.01075 or +1.07% TRADE #3 2.5:1 leverage on a $2000 = …
Read more »[table id=40 /] TRADE #1 $2000 x 0.01 = $20.00 Risk $20 ÷ 66-pip stop loss = $0.30/pip $0.30 x 66-pip loss = -$19.80 -$19.80 ÷ $2000 = -0.99% TRADE #2 Trade his RFTZ and then stopped out at breakeven. No change pip or equity-wise. TOTAL = -66 pips / -0.99%
Read more »We had only one loss this week for less than 1% or 29 pips. That’s it! We also had a number of trades finish out at breakeven this week. Stinks, yes, but it’s much, much better than losing money! Remember, you never lose money on a Forex signal that finishes at breakeven! [table id=37 /]
Read more »[table id=35 /] TRADE #1 $2000 x 0.01 = $20.00 risk $20 risk ÷ 29-pip stop loss = 0.68 or $0.60/pip since we always round DOWN $0.60 x 29-pip loss = -$17.40 -$17.40 ÷ $2000 = -0.87% TOTAL = -29 PIPS / -0.87% EQUITY
Read more »[table id=34 /] TRADE #1 $2000 x 0.01 = $20.00 risk $20 ÷ 34-pip stop loss = $0.58/pip 0.58 ÷ 1.5 (EUR/GBP divisor to get lot size) = 0.39 or 0.03 lot size since we always round DOWN 0.03 lot size x 1.5 EUR/GBP multiplier = $0.45/pip $0.45 x 35-pip win = $15.75 $15.75 ÷ …
Read more »[table id=33/] TRADE #1 Stopped out at BE for me. Many of my clients grabbed 40+ pips on this one. TRADE #2 $2000 x 0.o1 = $20 risk $20 risk ÷ 50-pip stop loss = $0.40/pip $0.40 x 57-pip win = $22.80 $22.80 ÷ $2000 account = +1.14% TOTAL = +57 Pips or +1.14% Equity
Read more »[table id=30 /] TRADE #1 2.5:1 Leverage on $2000-account = $0.50/pip $0.50 x 27- pip target = $13.50 $13.50 ÷ $2000-account = +0.68% TRADE #2 Added stop loss at breakeven when price was 5 pips from target. Safety measure in volatile markets for gaps. This trade stopped out at breakeven. No win, no loss. TOTAL …
Read more »Of all Forex trading tips, there is no other better than what you will read here. First, the mother of ALL Forex tips: FOREX MONEY MANAGEMENT Below, you will read some quick tips on how to successfully use money management in your Forex trading to really start building wealth.
Read more »Yep, this week totally SUCKED–royally. But you know what? My horrible, rotten, no good CRAP WEEK was only a -1.65% equity. That’s less than most people lose on one single trade! When you think about it, that’s really quite revealing. Do you want to be with a Forex signal provider who keeps chasing the market …
Read more »You know, even if you’re with the best Forex signal provider in the world, her signals ARE going to suck from time-to-time. Today is a case-in-point for me, my friends. Even the best Forex traders in the world are not bulletproof.
Read more »[table id=29 /] TRADE #1 $2000 x 0.01 = $20 risk $20 ÷ 53-pip stop loss = 0.37 or %=$0.30/pip because we always round DOWN $0.30 x 53-pip loss = -$15.90 $15.90 ÷ $2000-account = 0.80% TRADE #2 $2000 x 0.01 = $20 risk $20 ÷ 46-pip stop loss = 0.43 or $0.4o/pip since we …
Read more »Forex Signals / FX alerts via SMS text messages…do I offer it? I am proud to say… YES! I NOW OFFER SMS FOREX SIGNALS! Just another totally awesome member benefit I’m adding to the mix. And you know what? Unlike almost every other Forex signal provider out there, I am NOT charging anything extra for …
Read more »The Forex signals business is a tough one, especially when we all have differences in our price feeds. Today, we’ve had one of those really bad days when I am still in a trade while many of my clients have been stopped out either TO THE PIP or certainly within 2. This is unfortunate, for …
Read more »[table id=28 /] TRADE #1 Canceled. Missed entry by a few pips. TRADE #2 $2000 x 0.01 = $20 risk $20 ÷ 66-pip stop loss = $0.30/pip $0.30 x 66-pip loss = -$19.80 $19.80 ÷ $2000-account = -0.99%
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