FOREX MADE MILLIONAIRE
Rank Pending, Real, USD, Oanda , 1:50 , MetaTrader 4 , System is FIFO compliant, $30/Month
FOREX MADE MILLIONAIRE
Rank Pending, Real, USD, Oanda , 1:50 , MetaTrader 4 , System is FIFO compliant, $30/Month

INTRODUCTION

I'm an experienced forex trader and blogger (www.forexmademillionaire.com).

Updates to this signal can be found here: http://www.forexmademillionaire.com/category/forex-signal-service/.

I have a day job, but forex trading is a lucrative hobby. I used to run a trading group but my wife and I recently had our first child, and I no longer have the time to dedicate to an educational group. But I'm hoping to still offer other traders the benefit of following my trades.

THE SYSTEM

I am a manual trader. I've never used an EA and never plan on it. I've been around long enough to see EA's come and go... they work until they don't (market conditions change). But an experienced discretionary, manual trader should be able to do well in all market conditions.

RISK

I'm a firm believer in controlling risk and using proper money management (I know, what a concept!). In theory, this is simple. But most traders struggle on a psychological level to stay disciplined. I know because I've been there years ago.

I risk 1-2% of my account balance per trade entry. My goal is to keep drawdown to a minimum while still making solid gains on a monthly basis. I trade with Oanda on just 50:1 leverage. Those that tell you 100:1 or more leverage is necessary to be profitable are out of their mind.

SUGGESTED STARTING BALANCE

I started this account with a balance of $500 to prove that you don't need a huge account to create large gains. While you can definitely trade this signal with $500 I recommend starting with $1,000 or more.

TRADE SIZE

Each trade entry is equal to twice the size of the account balance. That means with a $500starting balance, you'd be trading 1,000 units per entry (or one micro lot). If you are trading a $10,000 account, you'd be trading 20,000 units per entry (one mini lot). To trade one standard lot per entry, you'd need an account size of $50,000 -- you get the idea.

This rule keeps things simple for signal followers, giving you a guide on how to balance trade size with account size. I will not up my trade size until the account balance is at $1,000 in which I'll start trading 0.02 lots per entry, or if the risk on a particular trade can stay under 2% while sizing up to an additional 0.01 lot. Please follow these guidelines.

PRICE

The signal is currently being offered at the lowest possible price SignalStart allows ($30), but I may increase the price in the coming months.

My corresponding myfxbook account can be found here: https://www.myfxbook.com/members/geppy/forex-made-millionaire/1867196

Gain Chart
28 Minutes ago
Advanced Statistics
  • Balance: $0
  • Equity: (0%) $0
  • Floating PL: $0
  • Deposits: $1,749.17
  • Withdrawals: $1,101.43
  • Trades: 318
  • Pips: -3,876.9
  • Won: 44%
  • Avg. Trade Time: 1d
  • Lots: 4.65
  • Profit Factor: 0.7
  • Daily: -0.15%
  • Monthly: -4.30%
  • Trades Per Month 29
  • Expectancy: -12.2 Pips / -$2.04
Monthly Select a month to analyze
Symbols
Activity
Open Date Close date Symbol Action Lots SL TP Open Close Pips Profit Duration Gain
03.24.2017 23:41 - - Withdrawal - - - -1.48 - -
03.15.2017 22:58 - - Withdrawal - - - -1.62 - -
03.08.2017 06:28 - - Withdrawal - - - -0.28 - -
02.27.2017 02:54 - - Withdrawal - - - -95.63 - -
02.25.2017 02:05 - - Deposit - - - 95.63 - -
02.02.2017 17:32 - - Deposit - - - 0.10 - -
02.02.2017 16:37 - - Withdrawal - - - -1000.00 - -
01.30.2017 17:49 02.02.2017 16:36 EURUSD Sell 0.02 - - 1.06896 1.08204 -130.8 -26.16 2d -1.95%
01.30.2017 17:58 02.02.2017 16:36 EURUSD Sell 0.02 - - 1.06867 1.08204 -133.7 -26.74 2d -2.04%
01.30.2017 18:58 02.02.2017 16:36 EURUSD Sell 0.02 - - 1.06821 1.08204 -138.3 -27.66 2d -2.15%
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No Open Orders.
No Open Trades.