How you identify a trader who will make profit without any risk for your future. Is he eligible to make profit for you when you follow him/her?
Solution is here
Criteria of safe and profitable trader for future:
1.He is profitable for last one or more year.
2.Last one year Drawdown is not more than 40%
3.Not use Martingale, grid, Averaging , Algo type trading.
4.Trade with long term trading system.
5.Not open more than 10-15 trades at the same time.
6.Not use small Take profit. Take profit more than 30 pips on an average.
7.Stop Loss must used or hide no matter but used.
8.Lot size always same not vary today 1 lot size tomorrow 2 lot size not recommended.
9.Too much growth means risky Trader.Average 50% more or less yearly is the indication of safe trader.
10.Scalper never make profit for you consistently.Today or tomorrow he will burn. Same talking for martingale,grid etc Trader.
Recent Posts
Gold Holding Trading System
From Novice to Pro: Navigating the ICT Propulsion Block in Trading
Single Candle Order Block
Is Scalping Right for You? Understanding the Advantages and Disadvantages
The Dangers of Screenshot Trading: What You Need to Know
Forex Signal
Understanding Market Psychology in Trading
The Power of Order Blocks: Key Concepts Every Trader Should Know
Understanding Imbalance and Fair Value Gaps (FVG)
External and Internal Structure
Archives
October 2024
(3)
September 2024
(27)
August 2024
(66)
July 2024
(19)
February 2024
(1)
November 2023
(1)
October 2023
(16)
September 2023
(6)
August 2023
(5)
March 2023
(1)
September 2022
(9)
August 2022
(22)
July 2022
(5)
June 2022
(4)
May 2022
(17)
April 2022
(13)
March 2022
(12)
February 2022
(17)
January 2022
(5)
December 2021
(1)
November 2021
(9)
October 2021
(4)
September 2021
(14)
January 2021
(12)
December 2020
(59)
November 2020
(98)