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We use proper money management for our trading so we don't need to stress about any positions. Drawdowns … Patience …. Are a part of trading. Good money management and EQUITY is the key to success. I believe that with the accumulation of time, your wealth will increase. We need to hold the correct investment philosophy and strategy; our future will be more successful. Every basket are controlled in order to get the lowest drawdown as possible. Fully Automated System ... Trading is a risk. We recommend 0.01 lot per 2000 USD of capital or its equivalent according to your investment. DO NOT FOLLOW if you cannot respect a good money management, can't have patience to keep positions open for several days or cannot UNDERSTAND that DRAWDOWNS are perfectly normal. IF YOU CLOSE OPEN POSITIONS MANUALLY YOU DO IT AT YOUR OWN RISK. Recommended settings: - Fixed with 0.01 lots per trade for every 2.000$ invested - Account leverage: 500:1 ( also any leverage would if you have enough margin for more than 40 positions and over 4000 pips ) - Do not copy with less than 2.000$ otherwise you will expose to higher risks This is a cutting edge Grid EA which opens in counter trend when market is overbought/oversold. Automatic grid strategy using conservative risks. Keeping a low drawdown is the most important thing in this signal Use ECN accounts with a minimum spread and commissions. Risk Management is achieved by position sizing which is the most important part of this strategy. Positions can stay open from a few minutes to a few days. Balance is extremely important ... we are trading GOLD which is know for its high volatility so balance plays a BIG role. Everything is balanced and managed properly ... Gold can have spikes up to 4000 pips with no pullback ... and still SURVIVE :) You need to be patient and let the ea do it's job. Have a min of 2k balance to be on safe side Added another twear on the ea to prevent huge movements and big dd...
Rated by 0 Real Investors.
Overall, I gained some money from MasterOfGold's trades.
MasterOfGold's strategy description corresponded to the strategy followed in my account.
I would recommend MasterOfGold to other users.
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