I want some things to share. Monstrously simple system.
1) need a deposit of $ 100 (I started with a hundred or less. I do not remember)
2) You need to be cool
3) That the principle of the system:
1. You do not need any charts. You can only use the flow of quotations.
2. Choose a few pair. Look where the price. Price should be in the 'thousandth corridor' (I call it)
For example a pair usd / chf. Current price of 0.7500, then corridor is: from 0.8000 to 0.7000.
We put pending orders at the edge of the corridor. 0.8010 to buy and sell 0.6990.
300-500 stop loss points, t/p 800-1000pip. When the order is triggered, are putting additional orders.
For example, opened a buy order at a price of 0.8010. Put a stop to 0.7500 (510 points) and set additional orders every 250 points. 2 times . For this case it is 0.8250 and 0.8500. When one or all of them will work we need to make general stop loss of 500p to all orders. In end we got: pyramid with 3 orders 0.8010, 0.8250, 0.500 with stop loss to all of them 500pip and t/p 800-1000pip. Its look like: s/l to all will be 0.8085 and t/p 0.8800 or 0.9000
when all orders be in + move stop loss to no loss. its 0.8250. and w8t -)
Get it? my bad English sorry
If everything had collapsed, start again -)
The main thing here is many management. Win/loss ratio not good. You can get like 10 bad trade in a row but when you get a 1 or 2 cool deals you bring back all your lost money and make a solid profit.
results of such a trade can be found in my profile.
I started with one hundred dollars in jul this year and has grown to $ 600, but then violated the rules of $ management and lost.