trade demo mode only,
trade only my 8 currencys,
use buys only
CHECK LIST KEEP IT SIMPLE
RULE 1 buy only below O BRIANS INDEX
RULE 2 BUY BELOW ALL WATER LEVELS
RULE 3 BUY BELOW EMA 211
RULE 4 BUY ONLY MINIUM DEPENDING ON ACCOUNT SIZE'
RULE 5 USE FIB POSITION AVERAGING MIN 100 PIPS DOWN
RULE 6 NEVER USE STOP LOSSES
RULE 7 MINIUM ACCOUNT SIZE FOR
1 MACRO IS $500
1 MINI IS $5000
1 MAXI IS $ 10000
USING ONLY 1 UNIT OF THE ABOVE FOR 8 CURRENCYS EG 1 MACRO FOR ACCOUNT 3 FIB POSITION AVERAGES MAX
RULE 8 WHEN ANY CURRENCY FOR EG YOU HAVE 8 IN TRADE ALWAYS TAKE
PROFIT ABOVE THE BRIANS INDEX O, WHEN THE TOTAL PROFIT IS 1 THIRD
OF THE DRAWDOWN ,
RULE 8 DONT BE GREADY
RULE 9 NEVER LIQUIDATE UNTIL YOU ARE IN PROFIT
EG DRAWDOWN TOTAL IS $1000, ONE CURRENCY IS A PROFIT OF $300 ,ITS GREATER THAN THE INTEREST , THAT CURRENCY WOULD EARN IN A WEEK.
DONT BE GREADY TAKE PROFIT
REASON YOUR EQUITY TO SALES IS GROWING , YOUR ACTUAL DRAW DOWN IS CONTROLED BY THE INCREASING ACCOUNT SIZE
RULE 1O NEVER EVER LIQUIDATE UNTIL YOU ARE IN
PROFIT
RULE 11 TRADE IN DEMO MODE TILL YOU HAVE 20 STRAIGHT 100 % TRADES AND YOU HAVE READ EVERY PAGE OF THIS THREAD
RULE 12
GO BACK TO RULE ONE
keep it simple
paid
