Hallo,
my Name is Chris and I am from Austria. I trade the Forex market for a privat fund.
I am a very conservativ Trader due to my strict Standards and guidelines of my fund.
These are my general rules:
Trading activity is limited to forex’s major currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD. Primarily I Focus on the JPY, AUD and NZD due to their well tradable Trends and swings. On the other side i take my Hands off the GBPUSD, EURGBP and EURUSD.
My risk per trade never exceeds 0,5% and I use strict drawdown rules to minimise big ups and downs on my balance.
Relative Drawdown is the maximum difference from the highest account Realized Balance to the lowest Equity (unrealized value). The implication is that losses can never be greater than the value specified in the trading stage.
If I enter a trade I make sure that my Risk-Reward Ratio is always greater than 2. I prefer a Ratio of 3+.
my Name is Chris and I am from Austria. I trade the Forex market for a privat fund.
I am a very conservativ Trader due to my strict Standards and guidelines of my fund.
These are my general rules:
Trading activity is limited to forex’s major currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD. Primarily I Focus on the JPY, AUD and NZD due to their well tradable Trends and swings. On the other side i take my Hands off the GBPUSD, EURGBP and EURUSD.
My risk per trade never exceeds 0,5% and I use strict drawdown rules to minimise big ups and downs on my balance.
Relative Drawdown is the maximum difference from the highest account Realized Balance to the lowest Equity (unrealized value). The implication is that losses can never be greater than the value specified in the trading stage.
If I enter a trade I make sure that my Risk-Reward Ratio is always greater than 2. I prefer a Ratio of 3+.
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