Money Management and Safe Trading

Hi My name is Franklin and I am from India. I have been trading with eToro for 6 months with this account. I have of 2 years or experience using the real account trading. Before eToro, I used maintained and managed the accounts of my family and close friends and now I have started my own real account. I trade only major currency pairs such as EUR/USD, GBP/USD, AUD/USD and NZD/USD. I trade with the help of fundamental and technical analysis as well as using valuable news and support and resistance levels. I open a position whenever I feel it is beneficial according to my analyses. Patience trading and money management are my key strength of trading, I open a position of 4%-5% per trade with a medium leverage and I do not risk more than 30% of my equity, which is why I am successful. I have a team of 4 (caraj51, roby26 and stellaraj51) and we always work as team and we watch the volatility round the clock (24/5).

 

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