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What is the key to success forex trading
investments are keys to success. When you open forex podcast nononsenseforex a trade, you are not trading pips or values, you are trading lots. Name* Description Visibility Others can see my Clipboard. No Downloads, no notes for slide. The base currency is EUR, if you want to know the value of a pip in USD, use this formula: pip value x exchange rate pip value in USD. 0.1 lots 1 USD.
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If you lose 20 of your original equity you need 100 just to reach breakeven! If the leverage is 100:1 then for every dollar you put in the market, your broker puts another. Desire to achieve, Learn to succeed! I dont want to lose more than 20 of my initial equity, so how many lots should I trade? It doesnt matter how many pips you win, all that matters is how this reflects in equity curve. Maximum historical DD: 1,000 pips, consecutive losing trades: 8, suppose that overall is a good EA because it obeys all long term, profitability rules, it recovers quickly form a drawdown period, the drawdown length is short, Annual Average profit / Maximum historical DD is lets. More Info, new Courses, choose Your Course! If it is, please help me spread the word and bitcoin transaction accelerator script share.