Key Features: 1. Strategy: For 3 years, the strategy was mainly CARRY trading. Given that the coronavirus of 2020 has completely altered the intrest rate outlook for a long period to come, the carry play will not work and we now employ a contrarian strategy.
2. Rather than abandon the account after the coronavirus instigated drawdown, we now show how to salvage an account under severe drawdown.
3. Trade duration: between several days and weeks.
4. Drawdown: currently historic drawdown of 50% (coronavirus crisis 2020). We now use this as a maximum drawdown.
The usual DISCLAIMERS apply. Leveraged FX trading is very risky. Only trade with money that you can afford to lose. Past performance is no guaranty for future results.