Live Forex Trade Copier Trade Taken on 8th Dec 2015
In this post, I will be showing you the second trade of the month for my trade copier service.
Do note that all the live trade videos that are shown on this blog are copied over to all user of my trade copier service.
One distinct factor about all the trades that are taken for the user of my trade copier service is the great risk reward ratio. The minimum risk reward taken is 1:2.
If you have been following me, you should know the power of risk reward ratio as it is actually the main key to successful trading and this is also what I want to show all readers of my blog via the live trade video.
I know that there are a lot of you guys out there who are trading with strategy that have less than 1:1 risk reward ratio.
I have received emails from readers telling me that he is trading a strategy that has a stop loss of 50 pips and target profit of 15 pips and that really amazed me.
He told me that he work hard to win several trades and with just 2 loss, he get his account into negative growth.
For the previous few trades that I have taken for the trade copier service, the stop loss is 25 pips and target profit is 100 pips and that is why I manage to stay profitable every single month. With 1 win of 100 pips, I can withstand 4 consecutive losses.
Therefore the message that I want to get through here is you must have a strategy with high risk reward ratio to be profitable.
For those of you who are trading with a low risk reward ratio strategy, it is time to stop using them and start to look for strategy with high risk reward ratio.
Until you do that, you will never be able to grow your account even if you trade for another few years.
Below is the trade taken for the user of my trade copier service
For those of you who are still struggling in your trading, you can take a look at my Forex Street University Course. Anyway, I have taken the risk off you by offering 130% refund for anyone who find a single fake winning trade that I have posted on the monthly performance report.
In addition, this course comes with a FREE 30 days trial to my Forex Trade Copier Service where I will trade your account for you.
This is going to be the last Forex course you ever need