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- I Burned $100 in Forex
I Burned $100 in Forex
Sad Result
A few days ago, I was super happy because my Forex live account was making money. And I had cashed out over $41 USD already. This is a whopping 40% gain in just a few days.
Note: When you are trading Forex, you must ALWAYS withdraw as soon as you have made profit. Otherwise you could end up like me, burning the whole $100 USD account during a live trade sharing. (Sorry guys, my mind was distracted)
How Does the Layering Strategy Work ?
When the arrow appears, and the RSI is crossing over, you enter 0.1 or 0.01 lot.
Close the position once it touches the middle band of the line.
If the price goes against you, you wait for the arrow to appear again, and buy 0.2 or 0.02 lot to do dollar-cost-averaging
You must buy more when the price is cheap (just like in the stock market) , so when it rebound, your break even price is much much lower than your original price.
Have a larger portfolio size, so that you have enough buffer.
This is the strategy a lot of expert traders, that I copy-trade from, are using. You will see them have a temporarily draw down.
Now, guys, you have the chance the meet the creator of this Layer Strategy.
He will show you exactly what he did to help his paid students make from -$2K loss to back to positive $155 , this is a whopping $2K gain !
Also see, how he helped his student make over $2K for beginners.
See how he trades the signals using 5 minute chart.
Join Zoom Tuesday 9:00 PM
Password: tad
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