I am a discretionary trader. I adapt my system well to both trending and ranging markets. In choppy market I stay out. I dont trade just for the sake of trading. In general you can expect about 40 trades per month. Most trades come during the London session.
All of my trades have stop losses. Stop loss ranges between 30 and 60 pips and the system has a good win rate of roughly 70%. For the time being I will trade the GBP/USD pair and the EUR/JPY pair exclusively. Other pairs may be added to the system in the future. And I risk a fixed 2% per trade. I suggest you dont exceed this risk level to ensure your account's survival in the long run.
I may open up to maximum 4 lots at the same time, each lot for a different currency pair.
Thank you for taking a look at my system and I hope to have you on board as subscriber.
To our success!!
yellowiris1 - trade system
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