Reminder:
If you’re trading an account size:
Less than £500:
LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you.
£500 – 1000:
LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06 AT ANY GIVEN TIME – You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.02-0.03 lot size will give you flexibility when the market goes against you. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.03, when you reach 10-15pips take 0.02 in profit and set the stop to entry, let 0.01 run to the target with the trade protected.
£1000 – 1500
LOT SIZE 0.05-0.07 with a MAX LOTS SIZE OF 0.10 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.05, when you reach 10-15pips take 0.03 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
£2000+
LOT SIZE 0.05 – 0.15 with a MAX LOT SIZE OF 0.17 AT ANY GIVEN TIME - . Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.07, when you reach 10-15pips take 0.05 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
Too many traders get stopped out and blow accounts because their lot sizes are too big. A small reversal on the pair and panic sets in because a high percentage of the account is in drawdown. They take the loss and the market ends up going their way in the end. This is not the way to trade! You will make money but ultimately you will face huge losses on your account. The market is designed to play with your emotions and your greed, you need to use this to your advantage. The only way to protect yourself is money and risk management, it’s a fundamental tool and skill required to trade.
If you’re trading an account size:
Less than £500:
LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you.
£500 – 1000:
LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06 AT ANY GIVEN TIME – You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.02-0.03 lot size will give you flexibility when the market goes against you. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.03, when you reach 10-15pips take 0.02 in profit and set the stop to entry, let 0.01 run to the target with the trade protected.
£1000 – 1500
LOT SIZE 0.05-0.07 with a MAX LOTS SIZE OF 0.10 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.05, when you reach 10-15pips take 0.03 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
£2000+
LOT SIZE 0.05 – 0.15 with a MAX LOT SIZE OF 0.17 AT ANY GIVEN TIME - . Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.07, when you reach 10-15pips take 0.05 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
Too many traders get stopped out and blow accounts because their lot sizes are too big. A small reversal on the pair and panic sets in because a high percentage of the account is in drawdown. They take the loss and the market ends up going their way in the end. This is not the way to trade! You will make money but ultimately you will face huge losses on your account. The market is designed to play with your emotions and your greed, you need to use this to your advantage. The only way to protect yourself is money and risk management, it’s a fundamental tool and skill required to trade.
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IT'S BACK!
Click below to set up:👇
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
T&C's:
https://hmarkets.com/uk/terms-and-conditions-100-percent-deposit-bonus-offer/
Once set up, please do not trade your account. Contact us at contactknightsofgold@gmail.com first letting us know you have set up an account. We will issue you the bonus on your account, once it's showing in your account you can go for it.
KOG
Click below to set up:👇
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
T&C's:
https://hmarkets.com/uk/terms-and-conditions-100-percent-deposit-bonus-offer/
Once set up, please do not trade your account. Contact us at contactknightsofgold@gmail.com first letting us know you have set up an account. We will issue you the bonus on your account, once it's showing in your account you can go for it.
KOG
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FOMC TODAY: We're in, nice entry, managed, protected and running smoothly. That's all we're doing on Gold today. The FOMC report will be published before the statement.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
The indicator in action, It just does it for us! BOOM!
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
The indicator in action, It just does it for us! BOOM!
Retracement trade!
So now you can see we're supporting that 3022 region and attempting to break back above the order region 3035 and hold. This is important, breaking above and we'll clear those sellers from above with key level resistance here 3048 which needs to break to go higher. Otherwise, nice short, nice long.
So now you can see we're supporting that 3022 region and attempting to break back above the order region 3035 and hold. This is important, breaking above and we'll clear those sellers from above with key level resistance here 3048 which needs to break to go higher. Otherwise, nice short, nice long.
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Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
IT'S BACK!
Click below to set up:👇
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
T&C's:
https://hmarkets.com/uk/terms-and-conditions-100-percent-deposit-bonus-offer/
Once set up, please do not trade your account. Contact us at contactknightsofgold@gmail.com first letting us know you have set up an account. We will issue you the bonus on your account, once it's showing in your account you can go for it.
KOG
Click below to set up:👇
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
T&C's:
https://hmarkets.com/uk/terms-and-conditions-100-percent-deposit-bonus-offer/
Once set up, please do not trade your account. Contact us at contactknightsofgold@gmail.com first letting us know you have set up an account. We will issue you the bonus on your account, once it's showing in your account you can go for it.
KOG
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Forgot to mention, the offer is only available until the 17th of April.
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https://www.tradingview.com/chart/XAUUSD/hPTIVJkK-THE-KOG-REPORT-FOMC/
THE KOG REPORT FOMC has been published on Tradingview, Please support us and the free channel by hitting the like/boost 🚀 button🙏 on our Tradingview ideas
You're all welcome to invite others to join the group, benefit from what is shared and trade together with us.
📱 Invite link:
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There is an option to contact us on the the website if you have any queries
Email:
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We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
THE KOG REPORT FOMC has been published on Tradingview, Please support us and the free channel by hitting the like/boost 🚀 button
You're all welcome to invite others to join the group, benefit from what is shared and trade together with us.
https://t.me/KnightsofGold
Find us on:
Website: Join us here (open) 👇
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
contactknightsofgold@gmail.com
https://www.instagram.com/knights_of_gold/
https://twitter.com/KnightsOfGold2
https://www.tiktok.com/@knights_of_gold
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
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THE KOG REPORT - FOMC for FX:XAUUSD by KnightsofGold
THE KOG REPORT – FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted…
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted…
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