https://www.mql5.com/en/signals/1780291
Some of the analyzes I use:
1. Harmonic pattern
2. Fibonacci Retrachment
3. Support and Resistance
4. Chart Pattern
1. Risk per transaction (SL) 1-5% of the initial capital ($3,000) or $30-150.
2. Risk and Reward at least 1:1 , if in the analysis found more than that, I still use Stop Loss (SL) 1-5% with Take Profit (TP) following the analysis.
3. Every Profit with a multiplication of $1,500 or 50% of the Initial Capital, then my Risk per transaction follows the latest Equity,
Example :
Equity $4,500, then SL 1-5% = $45-225
Equity $6,000, then SL 1-5% = $60-300 and so on
With the provisions of some of the Trading Rules above, I suggest that you:
1. Using a broker with free swap because sometimes transactions stay more than 1 day
2. Be patient, because the possibility of profit every month is not more than 5-10%, even if it is more than that is a Bonus of Patience and Consistent.
Because trading is a risk management business, and profit is a bonus from patience in managing risk.
Regards
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