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Income-Mentor-Box (Trading Idea

Signals)
We highly recommend to follow these rules of money management:

 $100-$200=0.01 lot size (Max 5 trades)


 $300-$400= 0.02 lot size (Max 5 trades)
 $500-$600=0.02-0.03 lot size per trade (Max 5 trades)
 $1000=0.05 lot size per trade (Max 6 trades)
 $2000=0.10 lot size per trade (Max 7 trades)
 $3000=0.15 lot size per trade (Max 7 trades)
 $4000=0.20 lot size per trade (Max 7 trades)
 $5000=0.25 lot size per trade (Max 7 trades)

 All trades given are instant execution unless stated otherwise.

How you should manage trades?

We give you 2 options, choose which is best for you:

Option (1)

We suggest that you divide your lot size ( total volume ) into Three equal volumes ( It’s higher risk for
accounts less than $ 500), that will be allocated as Three orders for Three take profits, That is, when
the signal comes out we must enter Three orders/deals instantly & respectively:

1. First order set take profit on Take profit 1 ( TP1 ).


2. Second order set take profit on Take profit 2 ( TP2 ).
3. Third order set take profit on Take profit 3 ( TP3 ).
4. Set Stop Loss ( SL ) for three orders.
5. When First Order hits Take profit 1 ( TP1 ), Move Stop Loss ( SL ) to entry price ( Breakeven )
for Second and Third orders.
6. When Second Order hits Take profit 2 ( TP2 ), Move Stop Loss ( SL ) to Take profit 1 ( TP1 )
for Third order.
7. Once the price has reached close to Take profit 3 (TP3), Move the stop loss to Take profit 2
( TP2 ) and let the price hit Take profit 3 ( TP3 ).

 NOTE: If you want to take risk, Don’t move Stop Loss ( SL ) to entry price for remaining both
orders until hit Take profits ( TP2, TP3 )
 EXAMPLE: Let’s say we have signal on EURUSD as following:

Buy EURUSD @ 1.14550

Take profit 1 at 1.14750 (+20 pips)

Take profit 2 at 1.15050 (+50 pips)

Take profit 3 at 1.15550 (+100 pips)

Stop loss at 1.14050 (-50 pips)

Assume that your balance is $ 3,000 , refering to our Risk Management of account, our risk is 0.15
lots.

We suggest that you divide these 0.15 lots total volume into Three equal volumes ( 0.05 lots for
every order) that will be allocated as Three orders for Three take profits. That is, when the signal
comes out we must enter Three orders/deals instantly & respectively:

1. First order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 1 at ( 1.14750 )

2. Second order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 2 at ( 1.15050 )

3. Third order buy from ( 1.14550 ) with 0.05 lots, Set Take profit 3 at ( 1.15550 )

4. Stop Loss set to ( 1.14050 ) for three orders.

5. When First Order hits Take profit 1 at ( 1.14750 ), Move Stop Loss ( SL ) to entry price ( 1.14550 )
for Second and Third orders.

6. When Second Order hits Take profit 2 at ( 1.15050 ), Move Stop Loss ( SL ) to Take profit 1
( 1.14750 ) for Third order.

7. Once the price has reached close to Take profit 3 at ( 1.15550) , Move the stop loss to Take profit
2 ( 1.15050 ) and let the last positon hits Take profit 3 at ( 1.15550 )

Option (2)

1. open a position instantly with lot size according to risk management strategy.

2. set a Take profit 3 (TP3) and a Stop Loss ( SL ).

3. When the price reaches Take profit 1 ( TP1 ), Move Stop Loss ( SL ) to entry price ( Breakeven ).

4. When the price reaches Take profit 2 ( TP2 ), Move Stop Loss ( SL ) to Take profit 1 ( TP1 ).
5. Once the price has reached close to Take profit 3 (TP3), Move the stop loss to Take profit 2 ( TP2 )
and let the price hit Take profit 3 ( TP3 ).

 NOTE: If you want to take risk, Don’t move Stop Loss ( SL ) to entry price until hit Take profit
3 ( TP3).
 EXAMPLE: Let’s say we have signal on EURUSD as following:

Buy EURUSD @ 1.14550

Take profit 1 at 1.14750 (+20 pips)

Take profit 2 at 1.15050 (+50 pips)

Take profit 3 at 1.15550 (+100 pips)

Stop loss at 1.14050 (-50 pips)

Assume that your balance is $ 3,000, refering to our Risk Management of account, our risk is 0.15
lots.

1. open a position instantly with lot size according to risk management strategy.

2. set a Take profit 3 ( 1.15550 ) and a Stop Loss ( 1.14050 ).

3. When the price reaches Take profit 1 ( 1.14750 ), Move Stop Loss ( SL ) to entry price ( 1.14550 ).

4. When the price reaches Take profit 2 ( 1.15050 ), Move Stop Loss ( SL ) to Take profit 1 ( 1.14750).

5. Once the price has reached close to Take profit 3 (1.15550), Move the stop loss to Take profit 2
(1.15050 ) and let the price hit Take profit 3 ( 1.15550 ).

We strongly advise you :


 Before you open a new position, make a plan to enter and exit the market. Stick strictly to
your plan, and do not succumb to emotions when they suggest you change it on the move.
Make sure you watch Andrew’s tutorial videos to get better knowledge. Watch videos
multiple times if needed, it’s only going to help you!
 Never open positions with all your free funds. Use no more than 20-25% of them for all your
open positions and no more than 5% for each individual deal. Otherwise, in the case of
sudden market movements, the risk to you is extremely high.
 Never add to a losing position.
 Use Stop orders to limit possible loss on all open positions.
 Try to gain from the trend instead of trying to catch the top and bottom of the movement.
 Be with the market, not against it. The market is always right!
 Do not try to close any profit position. The end result is important. Make sure you monitor
your position.
 Watch the whole picture. Even if you trade in short periods, always keep track of the long-
term trend.
 Become a habit of reviewing your transactions. This way, you will be able to keep track of
both your profits and your losses and to find any mistakes made by you. Always learn from
your mistakes.
 Remember that online trading is not 100% accurate. Some trades will hit SL level, its normal.
Our main goal here is to grow our accounts gradually and consistently.

Disclaimer & Policy:

Trading involves the possibility of financial loss. Only trade with money that you are prepared to
lose, you must recognise that for factors outside your control you may lose all of the money in your
trading account. Many forex brokers also hold you liable for losses that exceed your trading capital.
So you may stand to lose more money than is in your account. Income-Mentor-Box takes no
responsibility for loss incurred as a result of our trading signals. By signing up as a member you
acknowledge that we are not providing financial advice and that you are making the decision to copy
our trades on your own account. We have no knowledge on the level of money you are trading with
or the level of risk you are taking with each trade. You must make your own financial decisions, we
take no responsibility for money made or lost as a result of our signals or advice on forex related
products in this Income-Mentor-Box group.

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