Declaration of the PAMM account mobilfx:440960

Trading Strategy

The strategy is designed in such a way as to save money as much as possible. The risks of large drawdowns are minimized. Yield for this reason will not be calculated in hundreds of percent per annum and will be approximately 50-150% per annum. Suitable for long-term investment with a period of 1 year or more. The strategy is only suitable for patient investors who can wait long for the entry point and profit taking. Further description of the points: • Trading style. Swing-trading, holding positions up to several months. The Martingale strategy and any of its implementation options are not used by me. I work only with the use of technical analysis from strong levels on the daily chart. • Financial instruments. At my discretion, this could be a currency pair or a CFD on US stock indices. At the same time I use in trading no more than one financial instrument. In rare cases, I can use two instruments, but the risks (SL) at the same time will be no more than 1-2% for open positions on both instruments at the same time. • Lock positions. Opening multiple transactions for a single instrument is possible only if one of the transactions is in profit. Until one of the transactions at a loss the second transaction will not open. Thus, negative position locking is not possible. • Stop-Loss. The risk per transaction is set at 0.5-1% of the deposit. • Take-profit / Stop-Loss ratio. Profit to loss is set in different ranges from 1 to 5 to 1 to 20. That is, the level of possible loss of 5 or 20 times will be less than the potential profit. • Trading robots. All decisions on the opening of a position, the size of the position of TP and SL levels are made by the Trader. I use a robot that allows entering a trade in the event of a false breakdown when a Stop-Loss is triggered. It works around the clock on a cloud-based VPS server. • Number of open positions, averaging. According to the strategy of opening simultaneously several losing trades is not permissible. It is possible to open several transactions and averaging only when the accumulated profit on open positions exceeds the potential loss from new transactions. • Frequency of transactions. When trying to enter a position, there may be several transactions per day. After the transaction leaves for a profit, the expectation of a Take-profit can be from several days to several months. Since I work only from levels on D1, I can be in a state of waiting for a long time and not trade.

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