In this post, I will show you one of the trades that I have taken for user of my trade copier service this month. Initially, this trade is setup with a 1:7 risk reward ratio settings. The stop loss is set at 25 pips while the target profit is set at 180 pips.
After the price has moved certain pips in my favor, I shift the stop loss to breakeven and even at 100 pips profit level which means that the worst situation I can get is 100 pips profits or more. However due to a strong level of support, I decided to get out of the trade at 150 pips which also gives me a 1:6 risk reward ratio. (Not bad for a trade)
As long as you are trading with a good risk reward ratio, you will definitely be making profits every month without failed.
Below is the video of the live trade
Below is the screenshot of my trade copier account showing the outcome of the trade (The box in red). In fact, if you take a look at my account, you can see that all my wins are almost ard 2 times the losses and this is the reason why I am profitable every single month without fail since 2008.
For those of you who are interested to find out more about my trade copier service, you can click on the link below
If you have any question regarding forex trading, my Fx Street Uni course or my Trade Copier service, do feel free to email me at [email protected]