How to maximize profit and minimize loss in forex trading – Today we will learn how to use Forex Trend Channel Trading System with Momentum indicator to maximize profit and minimize loss.
It doesn’t matter what type of currency trading system you use these high profit Forex Trend Channel Trading System and 3 simple tips will help you increase your profit potential dramatically. These tips and trading system are easy to understand, easy to apply and even better will increase your profits dramatically.
Firstly we talk about “Forex Trend Channel Trading System with Momentum Indicator“. If you’re a new trader who is trying to find the best method for trading, you may benefit from staying away up-front from reversals. Instead, trading can better be learned by first, identifying the major trend and second, finding trading opportunities within the overall trend. By finding trading opportunities in the overall trend, you can still have great Risk: Reward ratios without needing a rare sequence of event s are for a reversal to occur.
Finding trading opportunities within the overall trend is easy with Forex Trend Channel Trading System.
Once the Forex market is in a trend, the end will one day unfold and the trend will stop. But how will it stop and when…? Forex Trend Channel Trading System with Momentum Indicator is the very best trading system to helpp you anticipating trend reversals easily. And now let’s go to the trading rules…
- FL11 Trend Reversal Alert below uptrend candles
- Momentum indicator upward above 100 line
- Solar Trend Histo green
- Renko Signal AM upward
- NASAP Heiken Ashi candles blue and above upward ichimoku kumo
- Forex Strategist SR appear below the upward blue candles
- FL11 Trend Reversal Alert above downtrend candles
- Momentum indicator downward below 100 line
- Solar Trend Histo red
- Renko Signal AM downward
- NASAP Heiken Ashi candles red and below downward ichimoku kumo
- Forex Strategist SR appear abovethe downward ward red candles
3 SIMPLE SUCCESS TIPS:
- Learn the 80 – 20 Rule
The 80 – 20 rule applies in many areas of business and finance and is also known as the Pareto Principle. The basic rule that applies to forex activity is that 80% of the results come from 20% of your trades.
So cut back your trades and only trade the best set ups. I know traders who only trade a few times a year yet make annualized gains of 100% or more.
- Don’t Diversify
If you have courage and confidence your trading system is right, don’t fall for the theory all diversification does is reduce your profit potential. If you have a high odds trade why dilute this potential…?
- Risk More
You have heard it from lots of traders and gurus: Never risk more than 2% of your account equity on a single trade.
Well, if you are like most traders trading accounts of $10,000 or less then that’s $200.00! With forex volatility which needs to be taken into account how much are you going to make risking that? The answer is not much. As you have cut your trading already and are only trading high probability set ups – milk them.
Risk 10 – 20% and get some bang for your buck. Most traders are so frightened of risk they actually create it by, trading stops so close their guaranteed to get stopped out.
With risk goes reward, that’s an investment fact – If you don’t risk enough, you won’t make enough.
Taking calculated risks is quite different from being rash. If you believe in your forex trading system and want to make money take a meaningful risk.
If you don’t like risk don’t trade forex it’s as simple as that.