Round 3 INSTANT TP1 AGAINβ
Letβs CLOSE our profit now and set breakeven if you wish to hold nowβΌοΈ
Another TP with me π₯±
Letβs CLOSE our profit now and set breakeven if you wish to hold nowβΌοΈ
Another TP with me π₯±
Legends, adjust your crowns! ππ
Our GOLD sell is royal business! Survey the market kingdom with regal grace β we rule the realm of riches! π°π°
Our GOLD sell is royal business! Survey the market kingdom with regal grace β we rule the realm of riches! π°π°
IβM SELLING XAUUSD NOW (2654.5- 2656.5)
π°TP1: 2653
π°TP2: 2650.5
STOP LOSS: 2659.5
π°TP1: 2653
π°TP2: 2650.5
STOP LOSS: 2659.5
Forwarded from Monica Azzato
Please I will like to invest with am a busy trader and I want to invest and earn with you
Forwarded from Monica Azzato
Please send me your address so I deposit immediately
Forwarded from Monica Azzato
Transferred please confirm my payment for my investment sir
This media is not supported in your browser
VIEW IN TELEGRAM
Boom ! Segarr 40Pips π§²π§²
Second round kita pun profit beyhhh boleh set Be+ π
Second round kita pun profit beyhhh boleh set Be+ π
Hi team a little knowledge to gain today.
Martingale Layer :
β’ Martingale layering is a form of layer with different lot sizes.
β’ Start by choosing your desired lot size. For example you have $200 equity in the account, the lot sizing should be 0.10 because it is between low risk & mid risk.
β’ When the signal comes out, fill out the 0.10 lot sizing by layering them. Our first entry is the smallest lot within the 0.10 which is 0.01 or 0.02
β’ When the price floats 10/15 pips from the entry price you add on more layers & increase the lot sizing gradually, for example 0.02, 0.03, 0.04 etc
β’ When the price floats another 30 pips from the entry price, add more position to complete the 0.10 lot size.
β’ So if hit SL, the loss is small compared to if we enter just 0.10 for the first entry at once.
β’ If we're profiting, our profit will be bigger compared to if we enter just 0.10 for the first entry because of the layering at better positions.
Martingale Layer :
β’ Martingale layering is a form of layer with different lot sizes.
β’ Start by choosing your desired lot size. For example you have $200 equity in the account, the lot sizing should be 0.10 because it is between low risk & mid risk.
β’ When the signal comes out, fill out the 0.10 lot sizing by layering them. Our first entry is the smallest lot within the 0.10 which is 0.01 or 0.02
β’ When the price floats 10/15 pips from the entry price you add on more layers & increase the lot sizing gradually, for example 0.02, 0.03, 0.04 etc
β’ When the price floats another 30 pips from the entry price, add more position to complete the 0.10 lot size.
β’ So if hit SL, the loss is small compared to if we enter just 0.10 for the first entry at once.
β’ If we're profiting, our profit will be bigger compared to if we enter just 0.10 for the first entry because of the layering at better positions.
UNDERSTANDING BREAKEVEN (BE) IN TRADING π―
Breakeven (BE) is a critical concept in trading that refers to adjusting your stop-loss (SL) order to your entry price, ensuring that if the trade moves against you, you won't incur a loss. However, there are nuances to BE that traders should be aware of to maximize its effectiveness.
BE: Breakeven involves moving your SL to your entry price once the trade has moved in your favor. This locks in profits and reduces the risk of losing capital if the market reverses suddenly.
BE-: This variation of BE is used when short-selling. It means setting your SL slightly above your entry price to protect your position from minor fluctuations without prematurely exiting the trade.
BE+: Conversely, BE+ is employed when going long. It entails setting your SL slightly below your entry price to account for price retracements while allowing the trade room to breathe and potentially capture larger gains.
The value of using BE and its variations lies in risk management.
By implementing these techniques, traders can protect profits, reduce exposure to market volatility, and enhance overall trade management. Remember, successful trading is not just about making profits but also about safeguarding capital and minimizing losses.
Keep learning, stay disciplined, and trade smart! πͺπ‘
Breakeven (BE) is a critical concept in trading that refers to adjusting your stop-loss (SL) order to your entry price, ensuring that if the trade moves against you, you won't incur a loss. However, there are nuances to BE that traders should be aware of to maximize its effectiveness.
BE: Breakeven involves moving your SL to your entry price once the trade has moved in your favor. This locks in profits and reduces the risk of losing capital if the market reverses suddenly.
BE-: This variation of BE is used when short-selling. It means setting your SL slightly above your entry price to protect your position from minor fluctuations without prematurely exiting the trade.
BE+: Conversely, BE+ is employed when going long. It entails setting your SL slightly below your entry price to account for price retracements while allowing the trade room to breathe and potentially capture larger gains.
The value of using BE and its variations lies in risk management.
By implementing these techniques, traders can protect profits, reduce exposure to market volatility, and enhance overall trade management. Remember, successful trading is not just about making profits but also about safeguarding capital and minimizing losses.
Keep learning, stay disciplined, and trade smart! πͺπ‘
Calculate Your Expectancy
Expectancy is the formula you use to determine how reliable your system is.
You should go back in time and measure all your trades that were winners versus losers, then determine how profitable your winning trades were versus how much your losing trades lost.
Take a look at your last ten trades. If you haven't made actual trades yet, go back on your chart to where your system would have indicated that you should enter and exit a trade.
Determine if you would have made a profit or a loss. Write these results down.
Although there are a few ways to calculate the percentage profit earned to gauge a successful trading plan.
There is no guarantee that you'll earn that amount each day you trade since market conditions can change.
Expectancy is the formula you use to determine how reliable your system is.
You should go back in time and measure all your trades that were winners versus losers, then determine how profitable your winning trades were versus how much your losing trades lost.
Take a look at your last ten trades. If you haven't made actual trades yet, go back on your chart to where your system would have indicated that you should enter and exit a trade.
Determine if you would have made a profit or a loss. Write these results down.
Although there are a few ways to calculate the percentage profit earned to gauge a successful trading plan.
There is no guarantee that you'll earn that amount each day you trade since market conditions can change.