Forex Profit Matrix
Cog Master Strategy
Follow these rules before for placing buy trades:
# Important Notes :
We didn’t talk much about money management and stop placement, however, I want to leave you with some personal thoughts regarding those things. As a rule of thumb, don’t risk more than 2-5% of your account on any one trade and only have 1 trade open at a time.
This will reduce the number of losing trades that your account will incur at any one time. Each trade is its own bird so to speak and needs your full attention. You won’t end up having an over-exposed account either.
Imagine having 4-5 open trades at a time with a 5% risk per trade and all of them going bad. That’s a 20-25% loss on your account all at once.
On the flip side, if you only have 1 trade open at a max of 5% risk and it loses then you’ve only lost 5%.
For the stop placement we need to put our stops just beyond the most recent swing low or swing high with a target of 1:1 or better.
In the examples shown, the market moved substantially and it does often, but there are times when it does not so manage your trade properly and be aware that the big ones are right around the corner!
Well, there you have it folks! That is the essence of the FxCOGMaster and the FxCOGMaster H. As a side note, the FxCOGMaster H indicator is probably one of the best overbought/oversold indicators that I’ve seen and I am very happy to present it to you for your trading pleasure, enjoy!
What you will receive today after purchase:
FX COG Master owners manual .pdf
FX COG Master Template .TPL
FX COG Master Indicator .ex4
FX COG Master H Indicator .ex4
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