margaritastephen posted: Don’t you think the leverage is quite high on your trading system?
The leverage on my account might be considered high overall. But, with position lot appropriate for my balance and corresponding stop levels, I keep the risk factor relatively low. Thus, high leverage lets me maximize the profit with no substantial drawbacks. It is the most suited one for my trading style currently. Thought I intend to lower the leverage down the road, once my account reaches a certain size.
Alexander74645 posted: Good afternoon Robert. Your trade has very good and stable profitability indicators. How do you limit your trading from losses?
Good day. Thank you for praising my work. Regarding your question on limiting losses. All traders know that trading on the market is always associated with great risks. There are various auxiliary mechanisms to help a trader minimize possible losses and get maximum profit. And the main is setting stop levels. The purpose of setting such restrictions is to control trading in the absence of a trader, if he/she does not have the opportunity to continuously monitor fluctuations in quotes or capacity to opens long-term positions. The market is volatile and unforgiving. Even the most profitable trade can turn into a loss in a matter of minutes. All experienced traders understand the importance of setting stop levels correctly. Newbie traders, in turn, often neglect to comply, which is why, driven with 'hope' they doom themselves to constant, very much avoidable, losses. Therefore, I always use these tools to protect my account.
That is NOT my system and I have nothing to do with it. MQL5 moderators already received the falsification of results report but I would appreciate if more people write to them to help me take it down and block the user that robs people of their money.
I do not have a working EA. I do not sell signals. I do not have any partners to promote my service. Be vigilant and check all information with me personaly before making a financial move.
is there a way to learn from you? . are you offering any courses or teaching your strategies? have a lovely day
I do not think I am in a position to teach someone. There is a chance you may receive more valuable experience yourself and develop better method than the one I have currently. The best thing is to controll your mental health. It is true for any occupation. Fixed hours of sleep and rest will greatly improve your desicion making.
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