Our target was to make at least 6 pips however in this case, the Forex market went in our favor all round as most of the dollar pairs turned bullish vs the dollar which provided additional momentum for our euro currency trade.
We eventually closed out at 1.3215 with 9 pips in hand. This is over 1:4 Risk to reward ratio. We were willing to risk 2 pips to gain the 9 pips. For every 1 pip of risk we achieved a reward of 4 and a bit pips. Good forex trading risk management.
We train forex trading for people with time to manage their money and we manage funds for people who don't!
Forex Pro has achieved top quality results for his fund managed clients. They are based in the UK and South Africa. It doesn't matter where you are, Forex Trading Pro can trade for you using an forex trading account based in major foreign currencies.
There are some criteria you need to meet to benefit from Forex Pro Fund management. Only if you understand risk and reward should you consider using Forex Pro to manage funds for you. Also, like a business, successful fund management clients realise a minimum capital investment is required when starting a new venture. Forex Trading is no different.
Can you see yourself making consistently good returns on your capital with very low risk? Forex Pro uses a minimum of $6000 as criteria for new clients. The minimum capital investment allows for margin or operating cashflow for forex trading to take trades.
How much does Forex Pro put at risk in any forex trade for your account?
Generally speaking, Forex Pro would use 2% of your total portfolio at risk per forex trading position. So for example, let's say your forex account is $10,000 then Forex Trading Pro will only put $200 at risk in any forex trade he takes. If the trade doesn't work out then your account loses a possible $200.
What can Forex Trading Pro make for you?
In June 2010, Forex Trading Pro made 12% return for his managed fund clients. That's about the best you can get from any bank anywhere in the world...ANNUALLY! He did it in only 1 month of forex trading for our clients. Why not let him do it for you too?
Nonetheless, Forex Trading Pro continued to trade in July 2010 and by the close of business in the 3rd week - due to a well deserved break - he had achieved over 50% return for his clients. It was an amazing month for forex trading!! And for his clients! Wouldn't you like to be one now?
Take a look again at the trade below. It's real.
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Learn Forex Trading from Day Trading Mentors now. Online trading is like a business. Get mentors to show you how to learn Forex, online day trading on indices and stock market trading. Visit http://www.howtotrade.co.za now to learn Forex.
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