Trade in Profit Strategy by Farrukh – Super Simple Explanation
Simplified Explanation of the "Trade in Profit" Strategy by Farrukh (Developed by M/s Zenitheyon) This strategy is designed for low-risk, high-reward trading using high leverage (100x, 200x, etc.) to generate daily profits. It’s ideal for quick trades, not long-term investments, and focuses on minimizing risk while maximizing returns. Key Points of the Strategy Risk Management: Data needed: portfolio= $, Asset price= $, Leverage= 100 x, Use only 0.5% to 1% of your account balance. Example: If your balance is 100 $ , then trade with 0.50 to $1. Margin type= Always Cross, lot size as small as to make 10 equal trades of 1 % of port folio, if not possible on platform's smallest lot size then quit. Small price movements in your favor can yield quick profits. Example: If the price moves 1,000 1,000 in your favor of position,you gain 0.50 $. if goes 1000 $ against the position opened then 0.5 $ will be dedcuted from balance. For Beginners: Use Bollinger Bands on a 15-m...