PRATHEEP PALANIVEL
PRATHEEP PALANIVEL
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4 anos
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Successful FX Trader, been trading FX from 2008. During this period, I have fined tuned my trading strategy to provide consistent results. Please read the following points, before you have decided to follow my signal -

1. Balance - First rule, please only trade capital that you have no commitment for minimum of 6 months. As FX trading involves significant risk and you do not want trade with short term funds. I would suggest minimum balance of USD 3000. As this would allow reasonable net return after paying cost (Subscription, Holding cost etc). On this signal, I would keep my account balance at minimum of USD 5000, so i am risking my own capital while taking trade.

2. Strategy - My strategy is based on support and resistance on daily and 4 hrs time frame. As a result, i only take trade that meets my trading requirement, normally 3-4 trades per week. My focus is on return per month, NOT ON individual trades. My FX trading experience have taught me - to be successful in this business, its NOT the qty that matters.

3. Stop Loss - Based on my strategy, dont use stop loss but i manage risk by constant monitoring.

4. Future Performance - My strategy had worked in the past, i am hoping it would work in the future, i would try my level best to make it work. But i cannot guarantee that i would be able to replicate my past monthly performance, so please understand the risk involved before deciding to follow.

Finally, if you have any questions, please do not hesitate to contact me - I would be more than happy to answer your query.-
PRATHEEP PALANIVEL
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