Money Management 💰

Hi everyone !

We are going to see 2 things in that tutorial, the first one is how to manage lot size and the second one is when to close trades.

1) Lot Sizes

Normally you should start with a balance around 250€.

How much you should invest according to this balance ?

✅ .04 to 0.05 lot for every Major Pairs : All pairs with us USD ex: USD/JPY, GBP/USD etc. And also for good cross pairs ex: EURCHF, EURGBP

✅ 0.02 to 0.03 with Cross pairs without USD ex: AUDCAD, AUDJPY, etc. and also GOLD/OIL

And never take multiple position in a same currency pairs at the same time. Use same lot size every time.

You shouldn't have more than 3-4 Trades running !

Don't open a trade if we say this trade is risky just wait to have a bigger balance.

Now you have more money how should you enlarge your lot sizes : Increase your lot sizes of 0.01 every 100€ you make after hitting 350€ ! Seems easy right ?

Ex : For a 450€ account I use 0.05 to 0.06 for Major Pairs and 0.03 to 0.04 with Gold/Oil and cross pairs.

2) When should you close your trades ?

✅For those who are trading super big : we make a message close if happy with profits to make them close.

✅For small traders like most of you just wait for us to tell you should close the trade when we send Close the trade or when he hit TP.

Same for minus trades just hold it until we tell you to do something about it.

Just follow this it is very important.

Have nice trades !!! 🤑💸