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Oh yeahh! Gold profits Hit Tp1 blazing like wildfire, 22+pips securely in the bag! 🔥
Now, it's decision time: Dance with the victory by closing now or set that breakeven to keep the flame alive! 💃🕺
Gold rocking that stellar reaction Hit Tp2, tearing through the charts with 43+pips! 💵
Get ready for the encore, team—hit that repeat button and let's keep the money train thundering! 🚂💰
Instant Hit Tp1 target 20+pips done!
Now's the moment to commandeer those profits with unwavering strength. Seize it like the powerful maestro of the market that you are! 😎
TPs after TPs we are on FAIYAH!
Mindblown? Market is MASSACRED!
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Use this formula correctly okay! You do this for free, only Sir will give to you guys.
Anyway, thankyou for supporting us everyone & lets aim the best at the market for today 👊🏻
Calculate Your Expectancy
Expectancy is the formula you use to determine how reliable your system is.
You should go back in time and measure all your trades that were winners versus losers, then determine how profitable your winning trades were versus how much your losing trades lost.
Take a look at your last ten trades. If you haven't made actual trades yet, go back on your chart to where your system would have indicated that you should enter and exit a trade.
Determine if you would have made a profit or a loss. Write these results down.
Although there are a few ways to calculate the percentage profit earned to gauge a successful trading plan.
There is no guarantee that you'll earn that amount each day you trade since market conditions can change.
Hi team a little knowledge to gain today.
Martingale Layer :
• Martingale layering is a form of layer with different lot sizes.
• Start by choosing your desired lot size. For example you have $200 equity in the account, the lot sizing should be 0.10 because it is between low risk & mid risk.
• When the signal comes out, fill out the 0.10 lot sizing by layering them. Our first entry is the smallest lot within the 0.10 which is 0.01 or 0.02
• When the price floats 10/15 pips from the entry price you add on more layers & increase the lot sizing gradually, for example 0.02, 0.03, 0.04 etc
• When the price floats another 30 pips from the entry price, add more position to complete the 0.10 lot size.
• So if hit SL, the loss is small compared to if we enter just 0.10 for the first entry at once.
• If we're profiting, our profit will be bigger compared to if we enter just 0.10 for the first entry because of the layering at better positions.
✅ Risk Management Tips
🔸 Don’t Risk more then 2% of equity
🔸 keep your free margin over 60%
🔸 keep your Eye on the news
Please follow instructions carefully.
=======================
‼️It is highly recommended to follow this risk management strategy
🔹$100-$200=0.01 lot size (Max 5 trades)
🔹$300-$400= 0.02 lot size (Max 5 trades)
🔹$500-$600=0.02-0.03 lot size per trade (Max 5 trades)
🔹$1000=0.05 lot size per trade (Max 6 trades)
🔹$2000=0.10 lot size per trade (Max 7 trades)
🔹$3000=0.15 lot size per trade (Max 7 trades)
🔹$4000=0.20 lot size per trade (Max 7 trades)
You can follow your Money and Risk management. These are just recommended.
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Bam! Gold Direct hit TP2, right on the money! 46+pips 😇
Now's your moment to lock those profit gains! Close close or Hold....
Gold is the in action, Hit Tp2 40+pips with top-notch precision! 📣
Closely monitoring andd..... It's time to secure the profits!
Gold Target Tp1 23+pips achieved! ☄️
Now, it's time to take advantage of this opportunity and grab those profits like a pro!
However, here's an example of how to calculate expectancy:
Formula for Expectancy
Expectancy = (% Won * Average Win) - (% Loss * Average Loss)
Example of Expectancy
If you made ten trades, six of which were winning trades and four of which were losing trades, your percentage win ratio would be 6/10 or 60%.
• If your six trades made $2,400, then your average win would be $400 ($2,400/6).
• If your losses were $1,200, then your average loss would be $300 ($1,200/4).
Expectancy = (% Won * Average Win) - (% Loss * Average Loss)
• Expectancy: (.60 * $400) - (.40 * $300) = $120
In other words, on average, a trader could expect to earn $120 per trade.
UNDERSTANDING BREAKEVEN (BE) IN TRADING 🎯
Breakeven (BE) is a critical concept in trading that refers to adjusting your stop-loss (SL) order to your entry price, ensuring that if the trade moves against you, you won't incur a loss. However, there are nuances to BE that traders should be aware of to maximize its effectiveness.
BE: Breakeven involves moving your SL to your entry price once the trade has moved in your favor. This locks in profits and reduces the risk of losing capital if the market reverses suddenly.
BE-: This variation of BE is used when short-selling. It means setting your SL slightly above your entry price to protect your position from minor fluctuations without prematurely exiting the trade.
BE+: Conversely, BE+ is employed when going long. It entails setting your SL slightly below your entry price to account for price retracements while allowing the trade room to breathe and potentially capture larger gains.
The value of using BE and its variations lies in risk management.
By implementing these techniques, traders can protect profits, reduce exposure to market volatility, and enhance overall trade management. Remember, successful trading is not just about making profits but also about safeguarding capital and minimizing losses.
Keep learning, stay disciplined, and trade smart! 💪💡
MARTINGALE LAYER
Hi Team many members asking of martingale layer and what it means
TPs after TPs we are on FAIYAH!
Mindblown? Market is MASSACRED!
Come send your profits screenshots!
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