🔸You start off with 100 USD. We will use Forex but you can do the same with Crypto as long as you got access to high leverage 1:100. The default leverage is 1:100. TP is 100 pips, SL is 50 pips. Any FX pair can be used, any entry/exit strategy can be used.
🔸Any system can be used, i.e. breakouts, london open trades, supply/demand/price action/ICT strategy and/OR TD sequential. You will want to trade on a low timeframe though, i.e. M5/M30.
🔸Can be also done with crypto futures / perpetuals 1:100 leverage.
🔸You need a total of 9 net winning trades. i.e. not a 9 consequitive winning trades streak. Could be 9 wins 0 losses or 18 wins and 9 losses. The goal is to have 9 winning trades without blowing up your account.
🔸Account balance progress below
▪️Account Balance $100 - Risk $50 - Take Profit $100 ▪️Account Balance $200 - Risk $100 - Take Profit $200 ▪️Account Balance - Risk $200 - Take Profit $400 ▪️Account Balance - Risk $400 - Take Profit $800 ▪️Account Balance - Risk $800 - Take Profit $1600 ▪️Account Balance - Risk $1600 - Take Profit $3200 ▪️Account Balance - Risk $3200 - Take Profit $6400 ▪️Account Balance - Risk $6400 - Take Profit $12800 ▪️Account Balance - Risk $12800 - Take Profit $25600
🔸Once you reach a sequence of 5-6 wins, it's a good idea to withdraw 100-200 USD so that if you blow up the account later you can re-start pretty much for free
🔸You won't reach a 9 winning trades sequence upfront will take multiple attempts therefore it's wise to do partial withdrawals on your way. This will allow for unlimited attempts to hit your goal.
🔸Once you reach 50 000 USD account balance, re-start the sequence and keep compounding your profits, but always start low.
🔸Alternatively you can reduce your risk / reduce leverage and trade normally once you hit your profit targets with this system.
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