IT'S NOT A GET-RICH-QUICK SCHEME
Our main priority is to secure the funds. We use a strategy of moving the stop loss to the entry point once TP1 is hit, with TP2 considered a bonus.
Sometimes the market conditions are favorable, allowing us to reach TP2. Other times, there may be a reversal, and I might need to close the trade manually, or it could return to the entry point and hit our break-even. I try not to move the break-even point too far, as it can vary between brokers copying my account. Consequently, TP2 might result in a slight loss or break-even outcome, but overall, the strategy remains profitable. If you experience negative results, you may want to consider switching brokers.
We will continue to improve the strategy as needed.
Currently, with this strategy and safe lot sizes, our Copier/Investor accounts can maintain peace of mind, as this is a long-term game.
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MMFX
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