Greetings Everyone!
E-MAIL SUPPORT FOR OUR SUBSCRIBERS TO HELP MANAGE TRADES!
If you subscribe to our signals, you can also subscribe to our private members list at:
http://globisforex.net/confirm.html
We provide:
* Regular e-mails about our strategy
* Updates for RAS EA settings
* News about upcoming trades ect.
Visit us at:
http://globisforex.net
Follow our RAS account at:
http://www.mt4i.com/users/globisforex
Twitter news feed:
http://twitter.com/globisforex
Broker is Alpari UK - Classic Account
Spread and Margin conditions:
http://www.alpari.co.uk/en/trading_a...s_margins.html
PLEASE READ FIRST!
Main goal is to reach long term profits!
Our approach of trading is that we accept the drawdowns, and only taking care of the growth of the equity!
That beeing said it is very important to understand our style of trading. We do believe that with the correct money management it is possible to keep your account in the long run. Many traders fail because of overtrading issues. They blow up their account constantly. Only a very few traders realise that you can only stay in the game if you minimise your risk and positions.
Our style is more kind of a position trading style. Even if the market goes against us, until we have fundamental and technical confirmation we WILL hold our positions. If you are willing to be a new subscriber to our trading, please get used to floating drawdowns! It is part of long term trading and you must understand that.
Please accept that our avarage drawdown is about 20-30% of the account.
Don't oversize your lot!
Please keep in mind the following rules:
Your positions should never be bigger than 0,5-1% of your account. Of course we know that it is not that simple to take care every trade with Rent A Signal, so the most basic thing you can do is to give a relatively low lot size to RAS EA! We recommend the following:
- 0.01 microlot for 1000 account
- 0.1 minilot for 10.000 account (or 0.05 if your broker allows)
- 1.0 lot for 100.000 account (0.5 if your broker allows)
This way you can handle floating drawdowns as well. Also, the floating drawdowns should get relatively "smaller" as your account grows time to time.
Sometimes we hedge our positions so make sure you have a non NFA regulated broker! Hedging is important to our strategy because this way we can keep drawdown in a specific level and by the time we can pull out constant profits from the market every month. (We also take care of swap fees when a position is hanging for a long time. We used to open pairs with positive interest rate so swap fees are usually reduced as well.)
Our live account is started with 10.000 Euros, and we mainly trade with 0.2 minilots. WARNING: we do not recommend trading 0.2 minilots for 10.000 account! We are only trading this size because we have further funds to transfer if our floating drawdown would expand. Requirements for 10.000 is 0.1 minilots! Please set up your RAS EA for the correct lot size before trading!