Investor pass: sent to 4 senior Moderator
Starting balance: $65
Leverage: 1: 1000
**Strategy and trade plan details**
Strategy: Buy low and Sell high
Currency pairs: EURUSD, GBPUSD, AUDUSD,NZDUSD,USDCAD and USDJPY
Time Frames: H4 and H1 for signal confirmation ( M1, M5 and M15 for entry and exit guides)
Indicators: Stochastic Oscillator and Zigzag ( for more info how to used this two indicators in your trading, go Here.
Lot size to use: from 0.01 up to 0.50 if the situation calls for it
Usage of Stop Loss and Take profit: Stop loss will be between 20 to 50 pips per trade and take profit is not fixed
Goal in this contest: "...To avoid margin call the best I can..."
***Wow, am very excited with this contest because it's real account am using in this contest. The emotion, greed, aggressiveness and stupid decision will surely comes in to play and that would make this contest very tough and challenging. We all knew that trading with small capital is hard to survive, reason is because the market is full of unpredictable movements and the worst thing can happen is when our bad attitude gets in the way of our trading. I would like to dedicate this contest thread to all "Newbies" out there specially the "Newbie Trader" inside me who refused to grow up,lol