MidAtlanticFX trader's profile

55 year years of age and a retired coal mining professional with over 30 years of investing experience.

I am a professional Forex trader with 10 years experience. My trades are based on proprietary algorithms, and trading systems developed for my personal use. All of my trades are manual trades, providing high probability, low risk trades. Aggressive stop management is used to protect trades in profit. We specialize in position and swing trading, lasting 1 to 14 days in length and sometimes longer, when favorable conditions apply. These are my personal trades. Each trade is based on my personal trades, on real money accounts. We use a 'demo" account to send the signals, which in turn are sent to my accounts as well. The R values of my trades typically are in the 8 to 10+ range. . My methods included single lot positions, as well as larger, "scaled in" positions. There are no "recovery modes" such as "martingale" strategies. We scale into winning trades and never losing positions. When a scaled in position has been established, ALL TRADES IN THE POSITION, WILL BE CLOSED CONCURRENTLY. We do not scale out of trades. Draw down is typically less than 30%. I also use proprietary methods to scalp the 5 minute time frame across all pairs. I usually have at least an 85% or higher win rate on my trades.