GMXUSDT

13 ago

Risk Management:
Use only 1% of your capital per trade.

Example:
With $1,000 capital, use $10 per trade (1%).
With $2,000 capital, use $20 per trade (1%).
With $5,000 capital, use $50 per trade (1%).
With $10,000 capital, use $100 per trade (1%).

Profit Targets (TP):

Four profit targets (TP) for each trade:
1st TP: 5%
2nd TP: 10%
3rd TP: 15%
4th TP: 20% (You can use the trailing close from the Trademaster indicator as an alternative to the 4th TP)

Position Exit Strategy:
Exit 25% of the 1% position size allocated from your capital at each TP.

Example with $10,000 Capital:
Position Size: 1% of $10,000 = $100 allocated per trade.

Profit Calculation:
1st TP (5% gain): $25 * 5% = $1.25 profit.
2nd TP (10% gain): $25 * 10% = $2.50 profit.
3rd TP (15% gain): $25 * 15% = $3.75 profit.
4th TP (20% gain): $25 * 20% = $5.00 profit.
Total Profits from all TPs: $1.25 + $2.50 + $3.75 + $5.00 = $12.50 total profit.

Summary:
With a $10,000 capital, by allocating 1% ($100) per trade, and progressively exiting at each TP, you secure small profits at each level while managing risk. The total profit from this trade, assuming all TPs are hit, would be $12.50.

Stop-Loss Strategy:

If you prefer to use a stop-loss:
Move stop-loss to breakeven after the 1st TP is hit.

If you don’t prefer to use a stop-loss:
If a position/positions hit a stop-loss or goes into loss, and you prefer not to close them at a loss, let them remain open with take-profit levels set to their respective TPs.
Initiate a new trade with the same 1% of position size from your overall capital when a new signal is generated.

IMPORTANT:

This structure ensures you're only risking a minimal amount per trade while allowing potential profits to compound as the trade progresses. It also introduces a balanced approach to securing profits while letting winning trades run.

Using the TM indicator along with your signals can greatly improve your trading results. It helps you manage trades better, understand trends and reversals, and use trailing trends to close trades at the right times. The TM indicator works together with the signals for better performance.