The most important thing in Trading is MONEY MANAGEMENT and TRADE SIZE. If you greedy you will loss your all money.
Don't Use All Margin on One Trade.
Let's suppose you have 1000$ use $30 - $50 margin for one trade.
How much leverage? Normal leverage 5x to 20x.
Question: Is there any loss chances after following my trades? Answer: Very simple answer if you manage your risk there is minimal chance for loss.
What is the difference between a Trader and a Gambler? A gambler always wants to double money every day. But a professional trader manages risk in trading and have a target of profits. "Slow and Steady wins the Race"
Some common words used in trading. Tp= Take profit SL= Stop Loss Entry= Trade Entry Long= Buy Order Short= Sell Order
Tips: 1) When your trade in 50% profit close 50% and move stop loss on entry point if we hit stoploss at entry we already book 50% Profit. 2) Don't be Panic after entering the trade. I believe if you managed your risk you won’t be panic. 3) Always be ready for opportunity.
If you are new here, start with small trades of $1 to $10 for 2-3 days to check our signals accuracy.
If you follow these things, I believe you we can make huge profit everyday.