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Read all the Forex Education guidelines and get ready for tomorrow. Most of our Signals will be in VIP.
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Lot Sizes Based on Budget in USD
$50 : 0.01 lot
$100 : 0.03-0.05 (maximum)lot
$150 : 0.03-0.08 (maximum)lot
$200 : 0.10-0.30 (maximum)lot
$250 : 0.10-0.50 (maximum)lot
$500 : 0.30-0.70 (maximum)lot
$1000: 0.50-1.00 (maximum)lot
$5000: 1.00-3.00 (maximum)lot
Lot sizes suitable to the size of your account within a day’s trade. Money management is key.
With my high accuracy setups, we can take more risks for higher rewards 👌money-rain.mp42.09 KB
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I always say… “set BE”
So… what is BE?
It means BREAKEVEN!
BE is a step to protect your capital or balance from experiencing any loss after making profit!
Basically, making bits of profit while minimising any losses when trading.
You can set your BE by shifting your SL to before price action.
You can see a sample from the image above. Left is for Stop Loss (SL) and on the right is once Break Even (BE) has been done.
I hope you find this useful!
BREAKEVEN (BE)
I'm sure you all will be familiar with this word. Because, it is very important to prevent you from losing during the struggle.
This breakeven is when we move the Stop Loss that we have set the Entry time. But this BE needs to be set when Price Running in Profit.
How to place BE point :-
First, you move the Stop Loss to the 1st Entry.
When the price is further away, find a suitable Supply/Resistance Zone and place it at a safe point. So, if there is a Price Reversal, we can save the existing profit.
I want to share some keywords that traders always use in forex.
TRADING KEY WORD (short form):-
1. TP = Take Profit
2. SL = Stop Loss
3. MM = Money management
4. BE = Break even
5. MC = Margin Call (total loss)
6. CL = Cut Loss
7. PO = Pending Order
8. Layer = Re-entry
9. TL = Trendline
10. SnR = Support And Resistance
11. SnD = Supply And Demand
12. SbR = Support become Resistance
13. RbS = Resistance become Support
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