Descrição
Mastering the Three Pillars of Successful Trading: Emotion, Strategy, and Capital Management
Trading is a nuanced art that extends beyond mere buy and sell signals. It's a dynamic interplay of three critical factors: emotions, strategy, and capital management.
Emotions can sway decisions in unpredictable ways. Fear might lead to missed opportunities or premature exits, while greed can trigger impulsive and overly optimistic choices.
The right strategy is fundamental. Utilizing indicators effectively, and having the discipline and patience to stick to it through market turbulence or tempting deviations, is crucial.
However, paramount among these is an astute capital management strategy. It's not just about winning trades; it's about prioritizing profit over mere wins.
Even with a 90% success rate, you can lose money if your take-profit (TP) and stop-loss (SL) levels aren't set strategically. Learn to balance the emotional, strategic, and capital management aspects to become a successful trader.
The signals will be a one-time payment with a limit of up to 4 simultaneous accounts per each signal. If used on more than 4 accounts, the account will be blocked, and the purchase must be made again without exception. Similarly, the EA will stop working if a refund or cancellation of payment is requested.
So, let´s start with the EA
In the EA configuration (input tab), you will only see the server and signal type, but you will not have the ability to make any changes. The signal will be generated automatically as a “buy-sell signal” in expert mode, and you will not be able to modify its settings.
Each signal type will have a different server and this cannot be changed after purchase. Please check carefully before purchasing if the signal type is suitable for your chosen capital and risk.
Important Considerations for this EA:
The broker and account type are key factors. We will demonstrate examples of the same signal in different brokers and account types. The maximum spread tolerated is 2 pips. You can choose any broker that consistently offers less than 2 pips on the EURUSD pair.
In these three examples, it’s evident that the performance of one of the brokers is significantly better compared to the other two. However, not all brokers can consistently provide less than 2 pips. This is why both Roboforex and XM are popular choices.
IF YOU ARE UNAWARE OF YOUR
SPREAD, IT CAN RESULT IN
FINANCIAL LOSS.
How is this possible?
We’ve thought about how many people want to trade but don’t dare to because of fear:
QuickFire Scalper Pro EA does not employ any of these dangerous methods: Martingale, Hedging – Gridding – Averaging trading, or lot multiplier.
QuickFire Scalper Pro EA only opens 1 trade at a time and never increases the size of the trade.
QuickFire Scalper Pro EA will never use huge stop-loss to get a small take-profit.
So, we decided not to focus on having a high win rate, but just on how much money is generated per month. But without using any questionable practices or resources, just with the simple idea of having a much higher take-profit than stop-loss, so even with a low win rate, we can still get excellent profits without any surprises for the trader.
Strategy:
We used one of our indicators (scalping) on a high time frame (H1), but with an entry trigger based on a M5 time frame, and an early signal from a single period (M1). This allows us to use an H1 time frame (but not with H1 data), to place a relatively small stop-loss and take-profit for this time frame (which are achievable), by having a much larger take-profit than stop-loss, we’ve managed to make sure that even if the stop-loss is hit several times, the final outcome is always in our favor (and by a wide margin).
Our EA acts like a patient trader, it sticks to its plan and doesn’t make any changes. It never opens additional trades, increases the size of trades, or hedges.
Remember:
If your broker has a high spread (more than 2), the EA will not perform as expected, resulting in lower returns or losses.
Using a VPS is not mandatory, but if you choose not to use one, you will need to keep your computer running. If you decide to use a VPS, keep in mind that you will need to ask your broker for recommendations and assistance with installation, a VPS located close to your broker’s server will help to minimize latency . Note that we do not provide private VPS installation services.
MUST READ THIS:
When it comes to scalping, a broker with low spreads is key. Ideally, you should look for a broker with a spread of 0 pips or under 5 pips. It's important to check the spread of your broker before you begin trading. Do not use Standard or Accouns for this EA.
If your broker has a high spread, the EA will not perform as expected, resulting in lower returns or, in cases of excessive spread, it may not open trades at all.
Using a VPS is not mandatory, but if you choose not to use one, you will need to keep your computer running. If you decide to use a VPS, keep in mind that you will need to ask your broker for recommendations and assistance with installation, a VPS located close to your broker's server will help to minimize latency . Note that we do not provide private VPS installation services.
RECOMMENDATION:
TF: H1, THE EA WILL USE A 5-MINUTE TIME FRAME AS AN ENTRY YTIGGER. HOWEVER, YOU MUST HAVE THE 1-HOUR TIME FRAME SHOWN ON THE CHART.
PAIRS: EURUSD
DEPOSIT: $100 CENT ACCOUNT ONLY
SPREAD MAX: 2
HOURS: AROUND THE CLOCK
LEVERAGE: 1:500
IMPORTANT: YOU NEED A BROKER WITH REAL LOW SPREAD – less than 2- (SCALPING) or ECN but in this particular EA, accounts with 0 spread (those that charge a commission per trade) are not recommended. (Roboforex-XM)
Payment & Security
Suas informações de pagamento são processadas com segurança. Nós não armazenamos dados do cartão de crédito nem temos acesso aos números do seu cartão.