I have traded currencies for nearly 5 years. I started to trade from 2011 and have traded it. For the first 4 years, I had not made any returns from trading currencies until I realized how important money management is. After I made big loss, I learnd how to manage money properly and started to make returns from the foreign exchange market.
Thieving Cat Scheme is a manually day trading system, which is based on trading with naked charts using main support lines and resistance lines of 1 hour, 4 hour, daily and weekly charts.
Advantages of the system:
・Stop loss is always used in the system (You may see there are trades with no stop loss in the future though, when you see it, I will be trading for very short period. So, don't worry about it. I monitor my trading activity when setting with no stop loss).
・Martingale, averaging down and other dangerous methods of capital managements are not used in the system.
・ The risk per trade is no more than 5% (You see there are 6.84 and 6.04% risks on the 21 th of September on my track record but I always try to control it within 5 % in trading).
I use Oanda Japan, which offers very tight spread for USD/JPY(0.4), EUR/USD(0.5), GBP/JPY(1.1) including commission. If you want the same performance or more with Thieving Cat Scheme, I recommend you to use a brokerage company with tight spread like Oanda Japan. However, Thieving Cat Scheme is a day trading system and aims to get more than 10 pips a trade so it doesn't matter if your brokerage company's spread for the system's trading main currencies are less than 3. But if you concern about it, I advise you to test quality of signal copying with the minimal risks for first few weeks.
基于有关不同交易商真实账户的执行统计的平均滑移点按点数指定。它取决于 OANDA-Japan Live 提供商以及订阅者之间不同的报价，以及订单执行的延迟。值越低意味着复制的质量越高。
|0.40 × 5|
|2.33 × 9|
|2.38 × 159|
|5.06 × 251|
|5.64 × 11|
|7.83 × 6|
|11.42 × 12|