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Trading style
I enter a postion based on my analysis. Criteria for taking a trade are purely technical. I do take Fundamentals into consideration to plan my trade and its exits. During a trade if i see that a profitable trade could get converted to a loss, i, immediately exit. In other words i prefer a smaller profit then to have a loss. This also means that i am mostly monitoring the market personally since i do not use automated systems. The automation that i use is for stops and trailiing stops. My systems are simple mostly using trend lines, moving averages, RSI and retracements. Trading style is conservative targeting 30% returns annually. Acceptable drawdown is 3% on a 50,000 USD account and above. On a 2000 to 3000 USD Account acceptable drawdown is 10 to 15%.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.