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Tips and Trading Guide For IMB Facebook Group
Tips and Trading Guide For IMB Facebook Group
Signals)
We highly recommend to follow these rules of money management:
Option (1)
We suggest that you divide your lot size ( total volume ) into Three equal volumes ( It’s higher risk for
accounts less than $ 500), that will be allocated as Three orders for Three take profits, That is, when
the signal comes out we must enter Three orders/deals instantly & respectively:
NOTE: If you want to take risk, Don’t move Stop Loss ( SL ) to entry price for remaining both
orders until hit Take profits ( TP2, TP3 )
EXAMPLE: Let’s say we have signal on EURUSD as following:
Assume that your balance is $ 3,000 , refering to our Risk Management of account, our risk is 0.15
lots.
We suggest that you divide these 0.15 lots total volume into Three equal volumes ( 0.05 lots for
every order) that will be allocated as Three orders for Three take profits. That is, when the signal
comes out we must enter Three orders/deals instantly & respectively:
1. First order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 1 at ( 1.14750 )
2. Second order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 2 at ( 1.15050 )
3. Third order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 3 at ( 1.15550 )
5. When First Order hits Take profit 1 at ( 1.14750 ), Move Stop Loss ( SL ) to entry price ( 1.14550 )
for Second and Third orders.
6. When Second Order hits Take profit 2 at ( 1.15050 ), Move Stop Loss ( SL ) to Take profit 1
( 1.14750 ) for Third order.
7. Once the price has reached close to Take profit 3 at ( 1.15550) , Move the stop loss to Take profit
2 ( 1.15050 ) and let the last positon hits Take profit 3 at ( 1.15550 )
Option (2)
1. open a position instantly with lot size according to risk management strategy.
3. When the price reaches Take profit 1 ( TP1 ), Move Stop Loss ( SL ) to entry price ( Breakeven ).
4. When the price reaches Take profit 2 ( TP2 ), Move Stop Loss ( SL ) to Take profit 1 ( TP1 ).
5. Once the price has reached close to Take profit 3 (TP3), Move the stop loss to Take profit 2 ( TP2 )
and let the price hit Take profit 3 ( TP3 ).
NOTE: If you want to take risk, Don’t move Stop Loss ( SL ) to entry price until hit Take profit
3 ( TP3).
EXAMPLE: Let’s say we have signal on EURUSD as following:
Assume that your balance is $ 3,000, refering to our Risk Management of account, our risk is 0.15
lots.
1. open a position instantly with lot size according to risk management strategy.
3. When the price reaches Take profit 1 ( 1.14750 ), Move Stop Loss ( SL ) to entry price ( 1.14550 ).
4. When the price reaches Take profit 2 ( 1.15050 ), Move Stop Loss ( SL ) to Take profit 1 ( 1.14750).
5. Once the price has reached close to Take profit 3 (1.15550), Move the stop loss to Take profit 2
(1.15050 ) and let the price hit Take profit 3 ( 1.15550 ).
Trading involves the possibility of financial loss. Only trade with money that you are prepared to
lose, you must recognise that for factors outside your control you may lose all of the money in your
trading account. Many forex brokers also hold you liable for losses that exceed your trading capital.
So you may stand to lose more money than is in your account. Income-Mentor-Box takes no
responsibility for loss incurred as a result of our trading signals. By signing up as a member you
acknowledge that we are not providing financial advice and that you are making the decision to copy
our trades on your own account. We have no knowledge on the level of money you are trading with
or the level of risk you are taking with each trade. You must make your own financial decisions, we
take no responsibility for money made or lost as a result of our signals or advice on forex related
products in this Income-Mentor-Box group.