Yes,it has happened again, why? why? why do i have to lose even when EA was just doing well last week, why do i have to lose when the back test looks so great . yes all these and more are the questions that strike your mind when you lose again, i will like you to take note of this things as we will be providing answers to them and what we have planned to do to stop that now and in the future.

 

Greed: Greed is one of the major factor that contributes to down fall of all Forex traders and we over emphasized on it when we are trading and more when using and Expert Advisor or EA. we believe we can make millions without a sweat through our EA by starting out with little or nothing at all as our base capital.

 

Liquidity: Liquidity is very important in Forex trading, you can not trade with small account and expect to make large profit.

 

Expectation: Always have an average expectation of your trading account have an achievable target and dont deviate from it.

 

Number of pairs : The average number of pairs traded in your account is directly proportional to trading lot size and inversely proportional to the Equity.

 

We have factored in all of this into our trading plan and come up with the best way to use an expert advisor with good and consistent result even at the worst case scenario, our close monitoring of the news and  monitoring of our trading activities has helped us to master our craft.

 

Our account equity growth is not based on exponential curve but arithmetic curve given us a good surviving chance to make profits consistently overa long period of time.

 

We will not exposed our account to unnecessary draw down by trading multiple pairs nor trade with outrageous lot size in other to achieve dramatic equity growth.

Thanks