Over time, this trading strategy works. As with all systems, though, it’s imperative to follow the rules and to always trade small so you can stay in the game. If the system doesn’t work for you, either because of your risk tolerance or your time frame, then move on, but don’t modify the system or ignore trades. The trade you skip may be the one that puts you in the black. Above all, however, don’t stop learning. Commit yourself to ongoing education and explore new opportunities with discipline and restraint.
Azeez Mustapha is a professional forex trader, forex signal strategist, fund manager, researcher and coach.