We recive multiple questions everyday about how we trade and how we manage risk. So we decided to put here the way we trade and how we limit risk.
First we trade from many different time frames. This is from the 15 minute time frame (The lowest we use) through to the weekly (The highest we use). Because of this we cover many methods of confluence by analysing the different time frames with our in house method.
Obviously the lower the time frame the weaker the confluence. So we use different lot sizes for different time frames. See opposite how we do this.
EXAMPLE ACOUNT AND LOT SIZE FOR £1,000.00
When we send a 15m (15 Minute) signal then we use 0.01 lot
When we send a 30m ( 30 Minute) signal we use 0.02 lot
When we send 1hr (1 Hour) signals, we use 0.05 lot
When we send a 4hr (4 hour) signal we use a 0.10 lot
When we send a (1d) 1 day signal we use 0.30 lot
All our trades have the entry given and also the Take Profit (TP) and also the Stop Loss (SL)
Because we are in the UK We use 30:1 Leverage. Keep this in mind if your leverage is higher.