Trading Strategy

Trading successfully is by no means a simple matter. It requires time, market knowledge and market understanding and a large amount of self-restraint. Controlling ones emotions is the single most difficult skill to master in trading, therefore Master your emotions first, then you will master your trading!

Trading Strategy is currently based on EMAs (Exponential Moving Average), Japanese candlestick charting techniques, Fundamental background and price action. Sentiment Index also can be a very valuable tool for intraday currency trading. The Index is based on transaction flow information and is designed to show long and short ratio in the most popular currency pairs.

Trading Strategy

The strategy involves almost all timeframes: M1 and M5 for entries, H1, H4, D1 to look for the trend for the week and MN to detect key supports and resistances levels. Intomillion prefers middle-term positions (till 1 week), but holding a scalping position for less than 1 hour not uncommon.

Average trading lot is equal to equity divided to 500 – 1000 pips (for example for 1K equities, an average trading lot would be 10 000 or 20 000 units of the base currency (USD)).

Trading strategy does not preclude the possibility of drawdown. Maximum projected drawdown excluding expenses: 50% (For instance if an Intomillion had a 50% drawdown that means at one point he lost 50% of the account value).

Trading needs to be treated like a business. Intomillion is aware of margin trading risk, and carefully plans his trades in order to minimize the risks to trading capital. There are specific steps that an Intomillion can takes to minimize the risks involved in Forex trading, particularly involving safe ways to use the margin. Even with implementing risk management tools, the risks of trading Forex remain substantial. Therefore almost all trades are based on what the market is telling and strategy involves only human decision-making for entering and exiting trades (Do not uses STOP and LIMIT orders).

Note:

Please be informed about HIGH RISK below on this page!

10 trading advices from Intomillion

  1. Trend is your friend
  2. Trade what you see, not what you think
  3. Master your emotions first, then you will master your trading
  4. See % movements, not Pips (for example 1% from 1,40 EUR/USD is 140 pips)
  5. Cut your losses early and let your profits run
  6. Don’t Trade Everyday
  7. The Market is much stronger than you think
  8. Follow the leaders
  9. Keep yourself updated
  10. Improve yourself, not your greatness
Forex Brokers
  • We believe in what we do

    Since the foundation of the project, we have been trying to turn one Dollar into a Million. Many dollars were lost on the way to the cherished goal. Nobody said it was going to be easy. However, we believe that everything is possible. Each time we lose a Dollar, we start again stronger with more experience and dedication. Today the project is much more than just about a Dollar. Our philosophy is openness and transparency. So apart from trading on Forex, we are creating a variety of useful Tools, sharing our developments, ideas, and experiences with our followers. We are true fans of financial markets and looking forward making trading more understandable and showing that profitable trading is possible.





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All information on this page is subject to change. Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Intomillion.com owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.