Money Management Strategy That Brokers & Prop Firms Will Hate!!!
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- Опубликовано: 27 сен 2024
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In This Video I show you a money management strategy created by a BD member that makes 100% profit a week. He uses the Binary Destroyer Indicator to generate the setups, and then risks between 10-30% on each trade. I hope you enjoy the video.
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The Mogwai Reversal group is on Fireeeeee🔥🔥🔥🔥🔥
Does this work on NY open?
Thanks Roy! 👌🏻
Hi, I am willing to join your community but your payment methods are not supported in my country so the only way I can pay for it is through Crypto, can we sort this?
Do I have the maths right? Assuming a $100 account. If I was at step 4 I wouid be risking 40% of the remaining balance of $40 because I would have lost $60. If I'm trading GBPUSD with a 10 pip SL the position size risking the original balance of $100 would require 0.4 lots. If the account leverage is 1:500 I would need a margin of $102 which is in excess of the remaining balance of $40. So I would need an account with a 1:1000 leverage.
First !
Isn’t the math wrong on the 4th trade win? Wouldn’t it be loss be 60% (10+20+30) and the 4th win is 80% so total yield is 20% right? What am I missing?
Yes 20% profit on the 4th trade.....nothing wrong there. Ofcourse minus some commissions.
Hi jamie, where i can find a kind of cheatsheet of Michael's strategy with all the details....ex. time frame, best pair to trade, take p. and sl in pips he uses,,,etc..?
thanks a lot amazing contents!!
It’s located in the telegram group. The Mogwai reversal section.
Fellow melton mowbray trader. Loving the channel
Wow small world!