i want to trade with 10 to 15 lot of crude oil so with just 3 to 5 point is enough for me is ter any reliable strategy available ???
Use Weekly Pivots and Resistance.
Sorry to say I did not listen about a strategy which gives sure 3 to 5 points in every trade.
I am earning 3 points on average per trade. Like winning around 40 points and loosing 20 points with 40 % success rate.
Example : Consider 100 trades with 40 % win rate.
40 * 40 = 1600 - 40 (Brokerage) = 1560
60 * 20 = 1200 + 60 (Brokerage) = 1260
I am in 300 points net profit per every 100 trades in crude oil that is 3 points per trade on average.
If you interested observe my strategy here.
Suggestion: Don’t try to win every trade it may burn your fingers.
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