How To Make Consistent WeeklyProfit In Forex Trading Proudly brought to you by Disclaimer: Trading foreign exchange on margin carries high poten6al rewards but also high poten6al risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objec6ves, level of experience and risk appe6te. Past performance is not indica6ve of future results, which can vary due to market vola6lity. The possibility exists that you could sustain a loss of some or all of your ini6al investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices or other informa6on discussed in this webinar or linked to from this webinar are provided as general market commentary and do not cons6tute investment advice. FXPRIMUS does not accept liability for any loss or damage, including without limita6on to, any loss of profit, which may arise directly or indirectly from use of or reliance on such informa6on. . Money Management . Money Management The Golden Question: Why do so many traders blow their live trading account? . 000 § 1 pip = USD10 § Margin call! Lose WHOLE account! § FOREX is Risky! .000 – USD3.Money Management Brokers § Standard account of USD2. 000 x 100 § Lot size = 100.000 = 3 standard lots § Assume trading with both the profit and loss as 30 pips. .Money Management How do most people trade? § USD3.000 (Leverage 100:1) 3. Loss = 30% loss per trade ! .Money Management If you win ? (Lot size) x (# of pips) x (pip value) § Profit = Capital = 3 x 30 x 10 / 3.000 = 30% return per trade ! But what if you LOSE ? § You will lose the same amount. Money Management The #1 Mistake of Most Traders: RISKING TOO MUCH of their capital per trade . ” .Money Management § Are you still in the game after FOUR CONSECUTIVE LOSSES ? § “Amateurs are concerned with how much they can make. Professionals are concerned with how much they will lose. 000 -10% +11% $1.Money Management Capital = $2.000 -90% +?% $200 .800 -50% +100% $1. 800 -50% +100% $1.Money Management Capital = $2.000 -10% +11% $1.000 +900% -90% +?% $200 . Money Management The Golden Rule of Great Traders: Great traders NEVER risk more than 3% of their capital per trade . Money Management So how do we practice good money management skills for our trades? § Start with Risk. § Assuming we are willing to risk only 3% for each trade. . 3 standard lots .Money Management Formula for calculating lot size.000) / (30 x 10) = 0. Lot Size x (# of pips x pip value) § Risk = Capital Risk x Capital § Lot Size = (# of pips x pip value) = (0.03 x 3. Money Management 1. To trade at 2% risk with 30 pips stop loss.02 x 5. Your capital is USD5.000) / (30 x 10) • Lot Size = 0.33 standard lots . using standard account. what is the trading lot size? Risk x Capital • Lot Size = (# of pips x pip value) • Lot Size = (0.000. To trade at 3% risk with 25 pips stop loss.36 standard lots .000. what is the trading lot size? Risk x Capital • Lot Size = (# of pips x pip value) • Lot Size = (0.Money Management 2.03 x 3. Your capital is USD3. using standard account.000) / (25 x 10) • Lot Size = 0. th 8 Wonder Of The World . 8th Wonder of the World $3000 +20% $3600 +20% $4320 +20% $5184 +20% $6220 +20% $7465 +20% $8958 . Journey To a Million Dollars . 50 30 2 $300 8 $768.53 30 2 $318 8.35 30 2 $210 5 $3.42 8 $4.Journey to a Million Dollars Year Month Capital Lots Pips Trades Profit 1 1 $3.000.33 30 2 $198 4 $3.996 0.000 2 $234 5 $96.47 30 2 $282 10 $5.000 11 $5.746 0.230 0.000 0.39 30 7 $4.000 12 $5.482 9 Year Captital (6% growth per month) 1 $6.000 30 2 $252 6 $192.000 3 $24.646 0.328 0.180 0.028 0.366 0.000 0.000 $4.30 30 2 $180 2 $3.000 .564 0.000 2 $12.000 $222 4 $48.3 $1.31 30 2 $186 3 $3.774 0.536.44 30 2 $264 7 $384.37 30 2 6 $3.56 30 2 $336 9 $1. 000.000 $1.37 30 6 $3.44 30 9 $4.366 0.000 2 $12.42 30 2 8 $4.028 11 12 Year Captital (6% growth per month) 1 $6.35 30 2 $210 5 $3.39 30 2 7 $4.996 8.646 0.180 0.56 30 2 $336 9 $1.30 30 2 $180 2 $3.564 0.000 $222 $234 .000 4 $48.000 3 $24.000 $252 6 $192.53 30 2 $318 8.3 2 0.47 10 $5.746 0.000 $5.31 30 2 $186 3 $3.000 5 $96.000 0.000 $5.000 2 $264 7 $384.000.482 0.774 0.536.328 0.50 30 2 $300 8 $768.Journey to a Million Dollars Year Month Capital Lots Pips Trades Profit 1 1 $3.33 30 2 $198 4 $3.3 $1.000 30 2 $282 0.230 0. 000 $800.000 $1.000.000 $0 0 1 2 3 4 5 Year 6 7 8 .000 $600.Journey to a Million Dollars $1.200.000 $200.000 $400. Trading Profitably With Divergence . What is divergence? 1. Divergence can signal a) change in trend. i. Divergence is a comparison of price to technical indicators. 2. It occurs when price makes one pattern and a corresponding indicator makes the opposite pattern. reversal b) continuation in trend .e. RSI (Relative Strength Index) 3. MACD 4. Stochastic Personal Favourite 2. Other Oscillators .Indicators used for divergence 1. Divergence (Stochastic) . Divergence (RSI) . Divergence (MACD) . Types of divergence 1. Regular 2. Hidden . Regular Divergence 1. 2. Used as a possible sign for a trend reversal. Two kinds of regular divergence a) Regular bullish divergence b) Regular bearish divergence . Regular Bullish Divergence If price is making lower lows (LL). but oscillator making higher lows (HL) Buy . but oscillator making lower high (LH) Sell .Regular Bearish Divergence If price is making higher high (HH). Hidden Divergence 1. 2. Used as a possible sign for a trend continuation. Two kinds of hidden divergence a) Hidden bullish divergence b) Hidden bearish divergence . Hidden Bullish Divergence If price is making higher lows (HL). but oscillator making Lower lows (LL) Buy . Hidden Bearish Divergence If price is making lower high (LH), but oscillator making higher high (HH) Sell Let’s play a game… Spot The Divergence! “Spot The Divergence” “Spot The Divergence” . “Spot The Divergence” . How To Trade Divergences Divergence Type Price Oscillator Trade Regular Higher High Lower High Sell Regular Lower Low Higher Low Buy Hidden Higher Low Lower Low Buy Hidden Lower High Higher High Sell . If you drew line connecting 2 highs on price.6 Rules For Trading Divergence 1. you MUST draw a line connecting the 2 highs on the indicator as well. (Have to match) . Divergence on longer time frames are more accurate (At least 1 hour time frame) 2. Do not enter a trade if U have already ‘miss the boat’ (Divergence played out) . 4.6 Rules For Trading Divergence 3. The highs or lows you identify on the indicator MUST be the ones that line up VERTICALLY with the price highs or lows. (2-3% risk per trade) .6 Rules For Trading Divergence 5. Always practices first before start trading. (Do back-testing) 6. Practice good money-management. Let’s Go To The Charts . Gift for U! “No matter how great the talent or effort.” – Warren Buffett . some things just take time: you can't produce a baby in one month by getting nine women pregnant. . is a GLOBAL online trading institution • Operational Office in USA • Compliance office in Mauritius .• FXPRIMUS Ltd. Serving Traders in 205 Countries Across 6 Continents . 8 Reasons To Trade With FXPRIMUS . Full STP Broker .1. Full STP Broker • Straight Through Processing to Liquidity Partners • One of the largest liquidity pool with contractual agreements with more than 30 banks worldwide • No dealing desk • Transparency of platform. Real market execution • We do not trade against clients • It is in our interest that clients grow their accounts . Unprecedented Fund Safety .2. Unprecedented Fund Safety Financial Services Commission Affiliates or IBs Client opens account with FXPRIMUS Client Fund Transferred . 3. Regulated by FSC . Regulated by FSC • Financial Services Commission (Mauritius) • Safe and well-regulated • Tight anti-money laundering laws • No limitations in trading • Offshore financial centre (OFC) . Regulated by FSC . Regulated by FSC . International Standard Certification ISO 27001:2005 ISO 9001:2008 .4. .International Standard Certification FXPRIMUS is the first and only non-Swiss based FOREX brokerage firm to earn the ISO 27001. the highest certification in information security. .International Standard Certification FXPRIMUS has been awarded the ISO 9001:2008 certification in recognition of our standardised Quality Management best practice protocol. 5. Choice of High Leverage . Choice of High Leverage • Leverage up to 1:500 • We provide you with choices! . Wide Range Of Counters .6. Wide Range Of Counters FOREX Gold & Silver Gas. Crude Oil US Indices Commodities Other Indices Major Stocks . Awards .7. Most Reliable Broker 2012 2. Global Banking & Finance Review Awards FXPRIMUS 1. Best Trade Executions 2012 .Awards In 2012. . we won the 2 awards again.Awards In 2013. FXPRIMUS Coach .8. Webinar Special Offer . contact https://www.FREE Access For those interested in becoming Introducing Broker (IB). IB Coaching & Training Program (To be released in Sep 2013) For more information.com/forexwebinarasia .facebook. 000 To open a live account.org/register-fxprimus * Terms & conditions apply . http://forexwebinar.100% Trading Credit Bonus* For initial live account funding between USD500 to USD10. org/register-fxprimus . http://forexwebinar.Webinar Special Offers Free Access to IB Coaching & Training https://www.facebook.com/forexwebinarasia To open a live account. 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