- We take exemplarily, our initial capital amounting to 200 U.S. $
- The first time we took the maximum (!) 10% of the initial capital with the greatest risk of lost 100 points. This means we can take a position with the lot lost 0.02 20US $. In practice, we have to factor in the maximum target we lost only 50 points.
- If we are sure to take a position, Buy / Sell 0.02 Lot 50 points SL and TP at least 80 points. Rest assured, that your TP will be achieved ... (of course with the calculation of technical analysis on the graph). If you are nervous, turn off your computer?
- If it turns out we lost (10US $), do not despair .... Repeat again, take a new position. Buy / Sell 0.02 Lot 50 points SL and TP at least 80 points.
- Still too lost (10US $), ... ... try again?!
- Lost again!? Repeat again?! Give a chance to lost 5 times in a row .... Which means you are not yet ready for forex trading. Meanwhile, you can take the rest of your money.
- What if you directly profit (TP you achieved)? Be careful ... .. do not lust. Keep your emotions ...? Rest, we see again tomorrow ... ..
- Take a lot more positions 0.02 SL 50 points and TP at least 80 points. Profit more ... ????! Calm your mind .... Keep emotions.
- Next, you can increase your lots to 0.04 lots 50 points SL and TP at least 80 points. Do not go in many positions. Keep only 1 position only.
- If your profit again, continue to increase your lot with the calculation if lost (with SL 50 points) not-me more than you earn profit.
- Do not keep floating loss position. Suppose you enter a position sell EUR and EUR up, up and up. So regardless of your capital, would be met with Ms. MC. Get used to install the SL, and if you hit SL ... .... calm your mind and repeat from the beginning.
- Do not force it to enter a position, a maximum of 3 times a week into the position and should play in EUR, CHF (buy) or AUD. Boleh2 course you also play in GBP.
- Just TIPS for beginners ....
Good luck ....
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