This strategy is based on my trading experience since 2010. I use technical analysis and fundamental factors in my trading. Almost every trade has a stop loss. In some situations, a stop-loss may be absent, but this is only because I am near the screen and watching the situation.
The signal is very similar to SECRET STRATEGY. 70% of trades will be identical. But in many cases, take profit and stop loss will be different. Also, the interest income of this signal will be 1.5-2 times higher than that of SECRET STRATEGY. This is due to the fact that some deals on the JESSE LIVERMORE signal will have more TP in points. And also due to the fact that the level of balance on the signal will keep around $ 3000 at the beginning of the month. But accordingly, the risk will be 2 times higher than that of SECRET STRATEGY.
My strategy does not use grid or martingale. Only in rare cases can I open 2 positions for 1 currency pair. I do not like big risks. On my personal accounts, I do not exceed drawdowns of more than 10%. My return corresponds to my risk. Also on the signal SECRET STRATEGY in 2019, I will try not to exceed the drawdown of 10%. Therefore, the JESSE LIVERMORE signal drawdown can reach 20% over all open positions. I hope that this does not happen, but the market is a risky place and we must be ready.
Let's sum up:
1. The profitability of the JESSE LIVERMORE signal will be around 10-20% per month.
2. Does not use martingale, grid and position averaging.
3. The maximum Drawdown on all open positions (in the conditions of the worst state on the market) -20%.
4. You can connect simultaneously to the signals JESSE LIVERMORE and SECRET STRATEGY. The SS signal can be used for slow capital increases. Use JL signal to generate profit quickly with less investment.
5. At the beginning of each month, the profit will be withdrawn and the balance on the account will be $3000.
* The audience of the JESSE LIVERMORE signal rises and I am obliged to inform subscribers in advance with some important details!
1. The main purpose of the signal is to earn 10% per month. When the goal is reached, there will be less trades, since I will look for the most profitable trade for us. If you find my signal when we come to 10%, then you better wait until next month. If you plan to follow my signals in the long term, then it does not matter and you can subscribe at any time.
2. Subscribe to the signal when there are no open orders or the account is in a small negative balance.
3. This is not the "holy grail" and I am not a "guru." I also sometimes lose money. I may have unprofitable months, because the market is unpredictable. But I am aiming for a long-term result. And so the loss will be covered by profit in the future! If you are not patient, then pass by ... JESSE LIVERMORE is not for you.
4. Broker FxOpen has a wide spread and poor order execution. Therefore, if you use accounts with narrow spread with other brokers, then you will earn more than I do. According to my calculations, the broker takes from me about 1-1.5% of monthly profits. Perhaps in the future, I will change the broker. But now I will give him a little chance to improve.)
5. Do not subscribe in advance for more than 2 months. I do not know what will happen tomorrow. Do you know?!
6. Do not leave hasty reviews (good or bad). For me it is important that you trade with me for at least 2 months and then draw conclusions. Then your feedback will be much more useful for me and for the rest who want to subscribe in the future.
7. I recommend using the standard settings for Money Management: $ 300 -0.01 lot. If I lose 1% of my capital, then you should lose only 1% of your capital. Not more!! If you use third-party EA to increase the lot, then you are solely responsible for the loss of your money.
8. A very important note that applies to all subscribers! You probably heard that 95% of trade is psychology. And indeed it is. Therefore, I ask you to not give comments to my trade. Do not tell me that this trade is risky or very profitable. Do not share with me your vision of the market. If I read your opinions about the market, I will move away from my trade. I will begin to subconsciously trade your strategies. Do you want that? You all came here to follow my strategy. Let me do my work, and you do yours. I said about all possible risks above, so do not bother me when we are in a small drawdown of 1-5%. In practice, I saw a lot of signals that were losing money because they were given advice. Traders lose focus. And then they lose money. This is a huge problem that signals do not take into account. Hope you understand me. I do not want to seem rude. You are many, and I am alone. Be patient and we will make money together!
9. Ask questions to me in PM if you haven't found the answers here.