Client Loss Account Analysis - on NFP data where he lost 87000 USD in a day | ForexTrade1
#account_analysis #hedge_strategy #NFP Traders check the account analysis where a client has traded only on BUY XAUUSD pair on Friday - when the market was highly volatile as per the NFP data. What was his mistake? 1. He never calculated risk factors for the trade. 2. Traded without SL and held it for a big loss. 3. No hedging. 4. Only take a one-time entry. 5. Traded before data was released. 6. More than 95% of capital keeps it at risk. 7. Guided to book the loss of around 37000 USD, but due to higher capital, he said will wait till the market close. 8. Small mistake, but the impact is huge. 9. Looking for a big profit. 10. Client hired account manager who is not a signal provider & data analyst. What was our solution? 1. He should follow the hedging strategy https://ift.tt/2C9vflJ 2. Trade should place in BUY XAUUSD and SELL GBPUSD. https://ift.tt/2VU2vdG 3. See the impact of our signals, and if traded as per our guidance, then profit is huge with small lots. https://ift.tt/3AG2RUx 4. Closed the trade on time and wait for Monday. 5. Recovery trades we can place on the same day and 30-35% loss recovered on Friday itself. 6. Capital distribution is essential, and if traded in all the signals, profit is higher only. 7. Noce NFP data was released after that only we are trading with big lots to take maximum profit. 8. Risk calculation for the 100k account will be a maximum - 20 to 25% 9. Apply the short-term trading strategy on NFP signals. https://ift.tt/3CO6lGe 10. We always apply different trading strategies as per capital. https://ift.tt/2VS7zzQ Watch the video till the end and if you require any help for your current account, then ask through any platform or comment on this video, and as per your response, our team will help you. Website : www.forextrade1.com Twitter : http://www.twitter.com/forextrade11 Telegram : telegram.me/ftrade1 Whatsapp : https://ift.tt/2F2AIQh Facebook : https://ift.tt/3xbfYvq Instagram : https://ift.tt/3A2SLh6 YouTube : http://www.youtube.com/ForexTrade1 Skype : forextrade01@outlook.com Email ID : info@forextrade1.com
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