Do you want to create strategies?

Answer 6 questions and speed up the whole process❗😊

1 What time interval will I choose❓

There are at least 9-time intervals to choose from (depending on the platform), however, remember that the lower the time interval, the more random price movements and more difficult to build profitable strategies.

2. How much can I risk in one transaction❓

  • You can use one of three types of capital management:

  • Fixed-size e.g. 0.1 lot,

  • fixed value e.g. you risk 10 USD in each transaction.

  • % of trading account.

3. What will the profit-risk ratio be❓

  • How much can I risk concerning the potential profit, e.g. R: R = 1: 2, risk 10 USD to earn 20 USD.

4. When will I open my positions❓

  • Will it use indicators? Price action❓ fundamental analysis❓

5. Where will I set up the Stop Loss❓

  • Will it use a pointer to calculate the level? Eg ATR ? last level or support?

  • Or maybe a predetermined value❓

6. How will I close my transactions❓

  • Take profit order❓

  • Trailing stop❓

  • Based on the indicator❓

These are sample answers when you create strategies. Over time, you'll gain experience and the list of answers will get longer

In my experience, the simpler the strategy logic, the better the effect.

Start to create new profitable strategies❗🙂

Profesor Pips is created by a trader for traders, to show that Trading the portfolio is a good solution to be a profitable trader in the long term.

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Risk Disclaimer

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Profit-sharing accounts are subject to a monthly performance fee per selected trading system.

Forex trading involves a real risk of loss. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Past performance is not indicative of future results.

All information posted on the site and subpages is the author's subjective view, is educational and does not constitute investment advice, recommendations or suggestions of the strategy. Investments on the currency exchange using financial leverage are associated with the risk of losing some or all of your capital, even with little price movement. When making investment decisions, be guided by your own judgment.