Combination of automated trading (opening and closing of trades in profit) using my own EA / Forex Robot and manual trading for cutting of losing trades, minimum fund required is at least $300 to $500 or above. The EA will open 3 to 5 positions simultaneously with 100 points TP. It will automatically closed trades in profit once it hit the TP and will also execute auto cutloss based oh H4 timeframe in oversold / overbought. I also execute manual cutloss only if necessary based on EA alert, the EA will not open Hedge or Grid position, target profit is between 10% to more than 30% a month. Average daily drawdown is between less than 1% to more than 7% but for worst case scenario, I'm expecting more or less 25%. By the way, based on the current and previous performance, the EA have a consistent 90% win rate with a monthly average profit of more than 20%. I suggest if your Equity is between $300 to $500 your lot size must be 0.01 but you can add 0.01 lot or adjust it manually everytime your Equity increased by $300 to $500. I recommend 0.01 lot for every $300.
We focus on protecting and increasing the value of Equity / Profit and if it is necessary to cut losses for losing trades to keep the Equity / Profit in increasing the value and protect them from decreasing the value or high drawdown then we will cut the losing trades based on H4 timeframe and oversold / overbought rate and it will only need good timing.
By the way, I'm trading Forex for more than 10 years now since 2009 and until now, I also created and developed my own EA that I am currently using in my trades and at the same time selling EA DPT-FXPinoyExtreme.
Open Date | Close date | Symbol | Action | Lots | SL | TP | Open | Close | Pips | Profit | Duration | Gain |
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5.0 |
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5.1 |
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12.7 |
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5.3 |
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9.1 |
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14.0 |
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13.0 |
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17.7 |
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13.8 |
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3.1 |
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