Guide To Trade

Hello guys! I know many of you didn't know how to use the signals from the Banks properly and i'll give some guide for that!
First, i will suggest a total risk management of 4000-5000 pips but surely you can alter it to your own liking since all traders got different risk management and i appreciate it!
So how is the calculation?
For example!
You got $500 to trade so you can only enter a maximum of 0.01 lot per position you copy! (5 digit acc)
Now, what position you need to copy in here? Naturally you should be selective in all of that too!

You need to choose the bank with lesser trade but a higher performance rate. That is the best way to trade in here too but make sure try to copy all of their positions too as much as possible and follow each trade.
And then you should also check the nature of latest position in here.

I will personally recommend the Macro positions only and i will not recommend the technical positions too much unless the bank got a good performance overall and you want to copy that all.

Remember that past performance is not indication of future performance too in here and try to be smart in choosing your own option, Good luck out there!

1 comment: