Forex50.com : Forex

Summary

-Our goal is 50% return a year for clients hence the name Forex50. we trade in the Forex market and we only trade Euro/dollar. It is the most stable currency pair, we believe in specialize in one thing and be the best at it. We believe we are the best Euro/dollar currency pair traders in the world. You may refer to our performance for details as draw downs are low and growth curve is very smooth, we do not have big up and down swings, please check us out at www.forex50.com

Investment Strategy

We are 100% discretionary traders, most of our trades are decided by technical. We are more of position trader than anything else. We only trade once or twice a week. Our set ups are normally early in the week. Our goal is always try to capture an entire week's movement or beyond.

Risk Management

Since we are longer term traders, our stop loss is bit longer. We use stop loss orders 100% of the times. Stop loss is no more than 100 pips from entry, sometimes 50 pips. We only trade once or twice a week and each time we trade, max money we use is 4% of the total account value. If we lose, max we can lose on a single trade is 4% of total account value. Sometimes we do use 2% if we do not feel comfortable with a trade. If we are in a losing streak, we will only use 2% to trade to catch up.