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Best Forex Strategy For Maximizing Profits in 2010
Posted by admin on 4/29/10 • Categorized as Videos
ForexAutopilotSystem.org – Best Forex Strategy For Maximizing Profits in 2010 – I often see currency traders hanging on to losing trades for weeks as it goes against them. Like a deer in headlights they stare at their screen paralyzed. Unable to exit a losing trade, they hang onto it just hoping it will finally go their way. The rational is that they can’t trade with stops because “the broker always takes out my stops”, or “it has to move back because its moved so far”. So fix this problem, learn a strategy that fixes this problem. What you will need The first things you will need are 2 accounts with one Forex broker. These two accounts are going to force you into accepting a loss if one comes your way. They are also going to force you into profit when it comes your way. The first account is going to be your capital account. The majority of your funds are going to be held there. The second account is going to be your risk capital account. This is the same thing as having a stop in place but you aren’t going to have to worry about the broker running your stop because you won’t have one. Your stop is going to be a margin call of the account. When price goes far enough against you the trade will simply close against the required margin for the trade. I put enough capital in the account to handle the expected stop point as well as the required margin. An example would be this. for required margin on a one lot trade, plus 0 in draw down means I would need 0 in the …
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