TRAIDIN TRAINING BASED ON OUR RECOMMENDATION

For work through terminals Meta – 4 and 5. Full regulations of work from A to Z. Time to master: 1-2 days.

How to start mastering work on our recommendations?

First step. Open a DEMO ACCOUNT with any broker.

What is a DEMO ACCOUNT?

This is a “game” trading account with virtual money. 10 thousand – 100,000 US dollars. Usually, a broker provides an opportunity to test its service on such a “game” account, where everything is absolutely the same as when working on a real trading account, with an important exception. On a DEMO account, you do not risk your own money. The validity period of a DEMO account with most brokers is from 20 days to 90 days. Practice posting the recommendations you receive from us, test our service. When the 20 days are over, you can register with the same broker under a different E-Mail or with any other broker and continue working with virtual money, not your own. You do not risk your money, you do not pay for our recommendations. But when you decide that our service suits you and you want to earn money, not “play”, open a real trading account and earn money with our help. On our website you will find a list of RELIABLE brokers with whom you can open an account for real money. These brokers are located in normal jurisdictions, have appropriate licenses and are constantly monitored by regulators.

Here are recommendations for brokers with whom you can open a Demo account for training on the Meta-4 or Meta-5 terminal

https://www.cmcmarkets.com/en-gb/trading-platforms/mt4

https://www.forex.com/en/demo-account/

https://gdcdyn.interactivebrokers.com/Universal/Application?ft=T

https://www.fxcm.com/markets/platforms/trading-station/free-demo/

https://www.icmarkets.com/global/en/open-trading-account/demo

Or make a request on the Internet “Open a Demo account with a Forex broker, meta-4”.

Meta-4 is the most popular terminal for Forex trading. Meta -5 is not much different from Meta -4. It’s like Iphone 14 and Iphone15. A lot of brokers use this system. But the “big guys” – brokers and banks create their own trading terminals. However, the principle of operation is the same.

Now, using the example of a DEMO account on META-4 with virtual money, we will learn how to place orders, adjust orders, cancel orders, and execute market transactions. That is, complete operating regulations in accordance with our recommendations for trading, which you will receive in our telegram channel every day from Monday to Friday at 8-00 am (+-) London time.

So, you have decided on a broker, he will ask you for registration, confirmation of E-MAIL, and, of course, telephone number. You have the right to enter any phone numbers you like. The broker needs your phone number so that, after several days of your activity on the DEMO account, they can contact you and persuade you to open a real account with your real money. So the correctness of the data is at your discretion.

Unpacking the program Demo accounts Meta-trader

So, after downloading and unpacking the program, you register. With some brokers you can choose any amount of virtual money as a deposit for trading on a DEMO account,

For the purposes of our training, we chose an account amount of 10000,00 USD and a leverage of 1:20. This is important. Then you are provided with permanent data – login and password. Congratulations! You have 10000,00 virtual dollars in your account.

In our service there are very strict rules risk management. Details about them here, but we give the basic numbers;

Trading account 2500,00 – 5000,00 USD
The basic trading amount for accounts 2500-5000,00 USD is 100K.
Trading account 10000,00 USD
The basic trading amount is 200K. Half (0,5) – 100K. Quarter(0,25) – 50K
Trading account 20000,00 USD
The basic trading amount is 400K. Half (0,5) – 200K. Quarter(0,25) – 100K
Trading account 30000,00 USD
The basic trading amount is 600K. Half (0,5) – 300K. Quarter(0,25) – 150K.
Trading account 40000,00 USD
The basic trading amount is 800K. Half (0,5) – 400K. Quarter(0,25) – 200K
Trading account 50000,00 USD
The base trading amount is 1,0 Mio. Half(0,5)-500K; Quarter(0,25) – 250k
Trading account 100000,00 USD
Basic trading amount is 2,0 mio. Half(0,5)-1,0 mio; Quarter(0,25) – 750K

And so on down the list. I am sure that you have already understood how much to trade if you have one million dollars in your trading and investment account.

We have 10000,00 USD on our DEMO account, therefore the standard size of the opened position is 200000,00 basic currencies. In a pair quote, for example, EURUSD, the base currency will be EUR, and USDJPY will be the dollar.

So, remember that you, having 10k dollars in your trading account, Default carry out transactions for 200 thousand dollars.

But you noticed that the Meta trading terminal does not have an “Amount” column, but there is a “Volume” column in which you can select some strange numbers.

Let me explain. In Meta Trader, these fractions and integers represent the amount.

Remember! In META trader the value is 1,0 = 100000,00 base currency. Therefore, you receive our recommendation, for example:

Carefulinvest – Careful investments

RECOMMENDATION

“Limit order Sell EURUSD – 1,1207; SL (Stop Loss) – 1,1275;”

You set the volume for your full amount according to risk management – 2,0 (that is, 200000). See how it will look, pay attention to all the graphs.

Our recommendation states “LIMIT ORDER”. This means that in the META terminal you set “PENDING ORDER and BUYLIMIT”

How to open a trading terminal in META TRADER for placing orders and trading on the market? At the top of the interface, click “SERVICE” and from the drop-down list: “NEW ORDER”.

Also note that we do not have a check mark for the “EXPIRY DATE”. This means indefinitely. We do not set an expiration date for orders, since every day, Mon-Fri, you receive from us confirmation of the validity or cancellation of orders if they have not been executed by this time.

An example of placing an order according to the recommendations. for the full amount

We continue with examples of recommendations so that you “bounced off the teeth”

Carefulinvest – Careful investments
RECOMMENDATION;
Limit order BUY USDCAD (0,5) — 1,3450; SL – 1,3390; TP (take profit) – 1,3520;

What is (0,5) or can it stand for (0,5 sum)? This means you need to work half the usual amount. Your normal trading amount with your 10k deposit is 200000,00 (volume 2.0 META). But now you work with half, that is, you set it to 1,0 (100000,00). It’s clear?

In this recommendation we immediately have a take profit, that is, close with a profit. You immediately set both stop loss (SL) and take profit (TP). This is how it will look in META

Order for half the amount. SL and TP

Next example:

Carefulinvest – Careful investments
RECOMMENDATION;
Order BUYSTOP EURJPY (0,5) – 161,75; SL1 – 161,15; SL2 – 160,75;

What is it? How to decrypt?

You see that instead of Limit order it is indicated Order BUYSTOP.

We place a BUYSTOP order if the rate at which we want to make a transaction is above the current level at the time of placing the order. Now our EURJPY rate is 161,90 and the system simply will not allow us to place a Limit order above the market. And we expect (for example) that there will be a breakthrough of a certain critical level upward, where we will buy EURJPY at 161,75; Therefore only BUYSTOP.

But why in the picture is the amount not 1,0 (100k), that is, half of the position of 2,0 (200k), but 0,5 – 50k, a quarter?

Because we need to “peg” each of the stop losses: SL1 – 161,15 and SL2 – 160,75;

So, why two stop losses?? By the way, in 90% of our trading recommendations for opening a trade there will be exactly two stop losses (SL). Let’s be clear: the market is very volatile. The feet go astray “at once.” Therefore, we put two at different levels. One will go astray, but the second may survive, the course will go towards our goal, although already half the position, but we will recoup the losses.

So that’s what we’re doing. The amount in the recommendation is 0,5 of the normal position (2,0 according to Meta or 200k), divide by two (0,5 each) and place orders to open a position, linking a Stop Loss to each order to open. That is, 50k each (volume 0,5 according to Meta)

Let’s do this;

First order BUYSTOP EURJPY (0,5) – 161,75; SL1 – 161,15
Second order BUYSTOP EURJPY (0,5) – 161,75; SL2 – 160,75

Order BUYSTOP. We set SL1 ⇓

Yes, there is an inconvenience in dividing the amount and placing two orders specifically in the BUYSTOP or SELLSTOP type. But we work (you work) 5-7 minutes a day placing orders and then forget about the market until the next morning. And you don’t need all these “what, how and why”, but let me explain;

EURJPY rate is now 161,24; We need to buy above this course – 161,85 each;

We can set SL1 for half and SL2 for the second half without being tied to the main order to open a position – 161,85, just put two stops of 0,5 at the designated levels and go about our business.

BUT if the course it won’t arrive to 161,85

BUYSTOP order. We set SL2 ⇓

(opening a position) and right now it will go down, our two Stops for sale will be triggered and we will find ourselves in a short position. That is, the opposite of our opinion. And with consequences that are incomprehensible for such a volatile market.

Therefore, we do as we say. But when we open limit orders with two stops, it will be easier.

More examples of recommendations.

Carefulinvest – Careful investments

RECOMMENDATION
Right now BUY USDCHF (0,25) by market rate – 0,8460 ; SL – 0,8405; TP – 85,35;
Right now we are buying USDCHF (0,25) by market rate – 0,8460 ; SL – 0,8405; TP – 0,8535;

We buy at the market rate

Explanations for the USDCHF order (picture above);

You will notice that there is (0,25) in parentheses, therefore, we recommend working with a “quarter” of the usual amount. Your usual amount is 200k (2.0 according to Meta), which means you bet a quarter – 0,5 (or 50k).
We open a position directly on the market, rather than a pending order. Why? In the morning we analyzed the market and came to the conclusion that we need to open a position right now. At 7:30 -8:00 a.m. London time this recommendation was posted on the TG channel. You saw it and immediately made a transaction on the market, that is, a purchase.

What if when I saw the recommendation (buy at the rate – 0,8460), the rate had already become 0,8470 or 0,8460, then what should I do?

Answer: We indicate the transaction rate (by market) at the time of publication. Of course, you can open our TG channel or Facebook in 10 minutes and see that the course has already gone in one direction or another. If plus or minus 5-6 points from the price is not a problem. Make a deal. If it’s more, it’s at your discretion… In our example, we buy, and if the rate at the time you execute the deal is below 0,8460, make the deal. (less loss with SL). If the rate is already 0,8475 and higher – at your discretion…

Approximately 75% of all our trades are carried out on pending orders and only 25% on the market.

We continue with examples of recommendations

Carefulinvest – Careful investments

RECOMMENDATION
Limit order BUY AUDUSD(0,5) – 0,6725; SL1-0,6665; SL2 – 0,6645;

Pending order not on the market. Half the normal position (1.0 – META or 100k). How to display?

Pending Limit order BUY AURUSD

We place an order to open a position with a volume of 1.0. Without Stop Loss (SL). ↑

AUDUSD. First SL

Set SL1 (stop at half the amount 0,5 – 0,6665); TYPE: SELLSTOP, that is, the opposite operation of our order, where we BUY. Picture above ↑

AUDUSD. Second SL

And in the same way we set another stop loss – SL2 for the remaining half (0,5) – 0,6645;↑

This way we have complete protection. If our order to open a position is triggered – 0,6725 and the rate does not go in our direction but vice versa, then at the level of 0,6665 we will close half of the position and at the level – 0,6645 the rest of the position.

Well, what about take profit, you ask))) Yes, now we will move on to recommendations for changes and additions to orders and positions, which you will also receive at 8-00 London time. Added, changed or canceled, and went about their business. 5-7 minutes a day, as they said.

ADJUSTMENT OF ORDERS (SL AND TP) OF POSITIONS OPEN BY US.

Every day at 8-00 am London in our Telegram channel we confirm and adjust positions. This item looks like this (watch on the channel)

✅OPEN POSITIONS

(For example)

We have one open position

From 27.08; BUY EURUSD (0,5) – 1,1160; SL – 1,1085;
RECOMMENDATION for EURUSD; Move SL from 1,1085 to 1,1115 and Put TP – 1,1215;

Explanation: we have an open position (let’s assume yesterday our order to sell EURUSD was triggered for 0,5 of the usual amount. In accordance with your deposit – 10k is 100k (1.0 META lot). We have 1 stop loss – 1,1085;

The rate has moved up in our direction, let’s assume now it ….; We give you a recommendation to move SL guided by the idea that if the rate shoots down sharply, we will close the position at 1,1115. Therefore we will lose less than we would have lost by closing the position at 1,1085; We also recommend setting a take profit at 1,1215 to close the position with a profit if the rate reaches this level.

We go to META. to the window where our open position is displayed and click in the S\L column. The ORDER CHANGES window opens

Click here to display the trading window ⇑

We change SL from 1,1085 to 1,1125 and set take profit (TP) – 1,1215;⇓

Change SL and set TP ⇑

We change SL from 1,1085 to 1,1125 and set take profit (TP) – 1,1215; That’s it.

Let’s continue. Another example of recommendations;

✅OPEN POSITIONS

We have one open position
From 27.08; BUY EURUSD (0,5) – 1,1160; SL1 – 1,1125; SL2 – 1,1085; TP -1,1215
RECOMMENDATION for EURUSD; Close now half position by market rate – 1,1155; Make SL for the rest sum – 1, 1125 and TP -1,1215;

Explanation. We are on the morning. We analyzed the market and saw phenomena that could be dangerous for our BUY position. We decide to close half of the position on the market (to avoid unnecessary losses) and leave half in the calculation that perhaps the rate will still move in our direction.

In the orders window, click on a position, open it, you will be asked to close such and such an order on the market. CHANGE VOLUME from 1,0 to 0,5, click close on the market.

Close half of the amount ⇑

You have two SL orders; SL1 – 1,1125 and SL2 – 1,1085, each 0,5; CANCEL SL 2; SL 1 – 1,1125 – don’t touch it, it remains for the remaining position, volume 0,5. Also do for TP – 1,1215; That’s it.

What other recommendations could we have for changing already open positions? A couple of options: close the entire position on the market you can handle this without difficulty;

CHANGE OR CANCELLATION OF ALREADY PLACED PENDING ORDERS

Each of our recommendations posts has a column;

OUR ORDERS FOR OPENING POSITIONS

This section displays previously placed but not executed orders. Executed ones go to the OPEN POSITIONS section which we discussed above.

So, an example;

OUR ORDERS FOR OPENING POSITIONS
We have one order to open positions
Limit order SELL GBPUSD(0,5) — 1,2769; SL1 – 1,2815; SL2 – 1,2835; VALID
RECOMMENDATION for this; Make orders like this; Limit order SELL 1,2775; SL1 (for half) – 1,2835; SL2(for the rest)- 1,2

What should you do after receiving this recommendation?

Open an already placed order to sell 0.5 positions (1.0 – META (100k) and move the order execution numbers from 1,2769 to 1,2775. Click confirm.
Open an already placed order SL1 – STOPBUY for a volume of 0.5 in META (50k) and change the numbers from 1,2815 to 1,2835; Click confirm.
Open an already placed order SL1 – STOPBUY for a volume of 0.5 in META (50k) and change the numbers from 1,2835 to 1,2845; Click confirm.

Quite often we recommend canceling previously placed orders to open positions. It looks like this

OUR ORDERS FOR OPENING POSITIONS
Limit order BUY AUDUSD(0,25) — 0,6605; SL – 0,6535; — CANCEL

But if we do not cancel or change orders placed on the market for opening, then we make sure to confirm the validity every day

For example: Limit order BUY AUDUSD(0,5) — 0,6605; SL – 0,6535 – VALID

Here are the main types of recommendations you will receive from us. You don’t need to analyze charts, you don’t need to write trading scripts. We do all this for you. Subscribe to our recommendations channel “Carefulinvest – Careful investments” , open a DEMO account with any broker and practice trading with virtual money according to our recommendations for as long as you like. If you decide that you want to put a security deposit with a broker and try to increase this deposit with the help of our recommendations, it is your business and your right. Yes, indeed, our clients earned 41,46% of their deposit in 41,46% in 2022 and 21,86% in 2023 year.

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