TRADE INSTRUCTIONS

The below instructions are on trading the Manual Tradesheet via emails. If you are on TRADESHEET-AUTO membership, then you do not need to follow the below instructions as trades are copied automatically.

  1. Each trade must be so taken, that the stopout should not lose more than 2%. So calculate size of trade such that the stopout will not lose more than 2%.
  2. Each trade must when hitting initial targets make over 4% at least. The risk reward should be 1:2 and above. This is important when trades move away from entry zone into profit, you need to ask if I take the trade while away from entry, will I make at least 4% ?
  3. Monitor emails
  4. Keep the tradesheet open so you can simply refresh at regular intervals or when emails arrived to check the changes.
  5. TRADESHEET Is manual which means clients will need to explicitly take the trades on their terminals.
  6. TRADE STATUS: In the tradesheet, there is a column named trade status. This indicates the status of each trade.
    1. RUNNING: TRADE IS IN EXECUTION WHICH MEANS PRICES HAVE HIT ENTRY AT LEAST ONCE POST TRADE SENT
    2. WAITING: TRADE ENTRY IS NOT YET REACHED
    3. CANCELLED: TRADE IS CANCELLED BEFORE EXECUTION
    4. WATCHLIST: A TRADE WHICH WE ARE CURRENTLY ANALYSING TO SUGGEST IN FUTURE.
    5. HIT TRAILING: A TRADE WHOSE STOP WAS MOVED INTO PROFIT AND LATER THE TRAILING WAS HIT
    6. STOPPED: THE TRADE HAS HIT THE INITIAL STOP AND CAUSED A 2% LOSS.
    7. TARGET HIT: THE TRADE HAS HITS INITIAL TARGETS GIVING A RETURN OF 4% TO 8%.