Pepperstone ECN Forex Broker
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Monday, December 28, 2009

I will now discuss the ground rule for this perfect trading system


1) Confirm the overall trend of the market before you place a trade (1H or 4H Candles)


2) Trade only 0.01% of your account at any point in time (e.g. 0.01 lots for $1,000 account, 0.02 lots on $2,000 etc)

3) Set you stop loss at 200 pips or no stop loss at all (manually close your trade if your stop loss is approaching 200 pips

4) Max open trades - 5 at any point in time

5) Leverage 100:1

I will explain the ground rules in my next posting.

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