XAUUSD Forextrade1 Strategy makes profit
if you keep gold on hold using Martingale you will have unlimited risk like WHAT HAPPENED WITH GOLD ON 28th FEB, YESTERDAY IF YOU BUY GOLD with MARTINGEL starting with 0.1 lot GOLD Low traded 1560 @ 1635 with 0.1 lot = 1635- 1560 = 75 x 10 = $750 Loss @ 1630 with 0.2 lot = 1630 - 1560 = 70 x 20 = $1400 Loss @ 1625 with 0.4 lot = 1625 - 1560 = 65 x 40 = $2600 Loss @ 1620 with 0.8 lot = 1620 - 1560 = 60 x 80 = $4800 Loss @ 1615 with 1.6 lot = 1615 - 1560 = 55 x 160 = $8800 Loss @ 1610 with 3.2 lot = 1610 - 1560 = 50 x 320 = $16000 Loss @ 1605 with 6.4 lot = 1605 - 1560 = 45 x 640 = $28800 Loss @ 1600 with 12.8 lot 1600 - 1560 = 40 x 1280 = $51200 Loss @ 1595 with 25.6 lot 1595 - 1560 = 35 x 2560 = $89600 Loss @ 1590 with 51.2 lot 1590 - 1560 = 30 x 5120 = $153600 loss @ 1585 with 102.4 lot 1585 - 1560 = 25 x 10240 = $256000 loss @ 1580 with 204.8 lot 1580 - 1560 = 20 x 20480 = $409600 loss @ 1575 with 409.6 lot 1575 - 1560 = 15 x 40960 = $614400 loss (ONly a few brokers allow 500 lots in GOLD, FBS is one of them. most brokers allow only 100 lots) Total LOSS = $1.63 Million USD Requires 2 Million USD Capital to Trade this ====== NOW let us understand ForexTrade1 Strategy ForexTrade1 Strategy 1635 Entry with 1 lot SL HIT @ 1630 = 5 point SL = $500 LOSS 1620 Entry with 1 lot SL HIT @ 1615 = 5 point SL = $500 LOSS 1605 Entry with 2 lots SL HIT @ 1600 = 5 point SL = $1000 LOSS 1590 Entry with 2 lots SL HIT @ 1585 = 5 point SL = $1000 LOSS 1575 Entry with 4 lots SL HIT @ 1570 = 5 point SL = $2000 LOSS 1560 ENTRY with 4 lots = 1594 traded 34 Points in @ 4 lots $13600 Gross LOSS = $5000 USD Gross PROFIT = $13600 USD NET GAIN = $8600 Total Capital Required = $10000 Risk of Capital = 50% on worst condition which happened 28th FEB 2020 Friday.
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