Money Management

Money management plays important rule in this strategy. Since the signal is not 100% accurate, we must manage our equity wisely in order to stay on the game as long as possible and make profit.

The rule is simple. Don't risk more than 5% of your equity everytime you place orders. Since there are two signals with maximum stoploss 45 pips each, your total risk is 90 pips everyday. 1 pip/lot in mini account equivalent to $1 or $10 in standard account.

Suppose you have equity $1000. It means you can risk maximum $50.
In mini account, Total Lots = 50/90 = 0.55 Lot.

This GBP breakout strategy can be a roller coaster. So fasten your seat belt and do your money management properly. For conservative trader, we suggest to lower your risk down to 2% of your equity. 1 year to date performance shows 60% gain with this 2% level of risk.