Date post: | 13-Dec-2015 |
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Miss ion: “ To increase the profi t o f my c l ient l i t t le by l i t t le as i t becomes b ig . To do the th ings r ight at the fi rst t ime.”
Vision:“Don’t work for the money, let the money work for you!”*Enjoy your money, provided that you have a great future ahead of you!”
The META TRADER PLATFORM APPLICATION WINDOW
Navigator window
Use to log-in orCreate a demo accountUnder ttd menu.
Terminal window
Use to make an order: buy or sell and to take profit. Simply right in the space.
Price indicator
TO CREATE A DEMO ACCOUNT: on navigator window, under TTD: right click account,- click: insert, then click agree, then continue until finished.. TO DO THE TRADE: BUY OR SELL: on terminal window, right click on any space, click new order, decide buy or to sell,,, (examine first the trend or wait for recommendation) TO CLOSE/ OR TAKE PROFIT: right click on order, click on close order then select close.
Getting prepared:1. Gathe r da ta , ge t an upda te repo r t and ge t
some adv i se .
- Know res i s t ance & suppo r t ( h i gh , l ow)
- Ask f o r ass i s t ance be fo re you t r ade .
2. Examine t he t r end : 2 days v iew, m15 , cand le s t i ck ,
- Ge t r e fe rence po in t f r om l as t move .
- Se t l i ne f o r poss i b l e buy / se l l ( + / -3 ) .
- Se t 2 t r end l i nes .
Objective:
1. To mainta in and protect your investment .
2. To gain prof i t l i t t le by l i t t le unt i l i t becomes b ig.
“Min r isk & maximum prof i t ”
• $50 margin• 2 heads/lots
When to start?
If there’s a rapid movement: Buy : upward sell : downward( b e t w e e n 4 : 1 5 , 9 : 4 5 , a n d 1 1 : 1 5 p m )
Example for buy:
Big movement within seconds Buy position
r . c l i c k : t e r m i n a l – n e w o r d e r – s e l e c t : b u y
Buy
Sell
When to stop?
Set a $50 margin ruleIf movement get slow
suddenly and fluctuates, be alert. Let’s be aware that how fast that it goes up, it also the same way that it may go down.
Get out on $50: No matter what. Don’t take the risk, trade another day!
Buy position
Close at 50
R c l i c k : t e r m i n a l – c l o s e o r d e r – s e l e c t c l o s e
fluctuates50 profit
W h y 5 0 ? P r i m a r y o b j e c t i v e i s t o m a i n t a i n i n v e s t m e n t . I n e v e r y t r a d e t h e c o m p a n y g a i n s 5 0 . I n o r d e r t o m a i n t a i n i n v e s t m e n t w e n e e d t o g a i n 5 0 . A n d 5 0 c a n e a s i l y a c h i e v e w i t h i n s e c o n d s u p o n t r a d i n g .
If it continues to go up, from50 profit fluctuates at 100 high.
Example: if fluctuates at 100, closed it at 75.
Buy position
50 profit
Buy position
2 n d s i g n : i f i t c h a n g e s i t s c o l o r , f o r n e x t p h a s e
Stop
75
100
R c l i c k : t e r m i n a l – c l o s e o r d e r – s e l e c t c l o s e
1 s t s i g n : F L U C T U A T I O N o c c u r s , a s s e e n o n c l o s e o r d e r w i n d o w .
Strategies:
Wait for movement of market at 9:15 – short move.Reverse @14:45 AND 16:15 PM
GOLDBUG – Mostly effective for US market.
PENDING ORDER:1. PO 2:00 us (Buy/Sell) / lock @-3002. PO 8:55 us• If lock hits, remove parameters: GO MANUAL.
MARKET TIMING METHODINSTANT ORDER: 9:15, 14:45, 16:15 (us)
• It should be positive, lock it @ -100: HEDGING• To cut the lock: remove the negative, let the positive grow to its
maximum potential.
BUY
(-300)
sell
(100)
Buy
(-400)
GOOD t rade on BUY – b e c a u s e c h a r t s h o w s g o i n g u p t r e n d . I f i t g o e s d o w n , i t w i l l o n l y r e t u r n i n i t s u p p o s i t i o n .
w e e k s t o w a i t o r a m o n t h
Sell = - 400
Lock /margin
(100) S/L on Sell = - 400
Buy t/p = 600
SELL