When you trade, you should not be afraid about your open position.
We use scalping within intraday trading, taking from 10 to 100 pips targets depending on the market volatility.
Signals are usually given from 6:00 GMT to 18:00 GMT, and may be given at the early beginning of the week in the Asian session trading signals are sent if an important gap is noticed. They are given few times a week.
Most of the trades are based on technical events. Before news, we usually stand aside and wait for the aftermath.
The maximum default stop loss of 100 pips is most of the time quickly reduced to a more accurate stop after the trade has been triggered. The precise analysis is done before sending Asian session trading signals.
For every 2000$ in your account, you open one mini lot, a 10K trade. Like this, you have a maximum of 5% drawdown for a trade at anytime.
A maximum 1 open position at any moment
All trades going with the current middle term trend
Following these position rules, you do not have to worry about blowing your account if stop is hit.
With CoolPiPs, collect PiPs and be Cool! Use the magic of Asian session trading signals!
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