With a success rate of 83% and a weekly risk management formula the results are obvious – profits! AndyW never lose more than 29 pips on a trade but wins 50 pips on his winning trades. Win big, lose small – risk management is highly important in trading, without the right one there is no way to make a long-term profitable result.Combination of technical and fundamental analysis to locate opportunities of at least 50 pips movements – some pairs have an average of 90 pips movements and above daily, so gaining 50 pips out of it is definitely possible, but we must know and understand tools that will give us the best entries and exists.Trading pairs that are being traded the most – major/popular currency pairs always have bigger and clearer movements, they also have smaller spread and are cheaper to trade, therefore more profitable.Opening of the London and New York sessions – when long distance movements are available on the market, we have the best chances to gain 50 pips in a single trade, and that often happens during the opening of those sessions.
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