First of all, welcome to the new followers! Thanks for your time. Here some useful info (please read before subscribing!):
The FxWizard Scalping Trading Stategy is a daytrading strategy focusing on the major currency pairs.
I will not enter any trade unless I can carefully articulate 3 reasons from among my list of technical indicators for doing so (three is the minimum, and more is better)
These indicators need to be working in tandem
Risk management is my utmost priority! So strictly NO Martingales, NO Grids or NO Hedges. And every trade is ALWAYS protected by setting a stop-loss. The strategy also includes a news filter to avoid trading on dangerous market hours, allowing our accounts to stay safe at all times!
Trade management involves the use of a trailing stop-loss.
Leveraged used is very low. You can follow this signal with even a 30X leverage account.
Recommended minimum deposit: $500 -750
Defining the lot in relation to the capital:
$500 > Lot 0.01
$1,000 > Lots 0.02
$1500 > Lots 0.03
$2000 > Lots 0.04
You can add 0.01 Lot per $500 equity.
Risk Warning: Trading derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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