Forex Robots Optimization
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Profit Lock and Moho Trend Works!
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Profit Lock and Moho Trend Works!
Hi Guys,
Update for the Community: Moho Trend works well with the Profit Lock system. 🙂
For those who don’t know Moho Trend is an excellent scalper but it can easily wipe out an account. I made $1000 profit in 1-2 weeks then the account blew 1 week later.
It was taking 20% equity on multiple trades that went the wrong way and blew the account. I have set maximum equity to 10% per trade and its making decent steady profits while not using too much margin for each individual trade. I would advice using good money management say 1-2% per trade but the point it to keep Moho Trend highly profitable without blowing the account so i increased the %/trade to 10 and locked max equity at say $500 for a $1000 account.
I’m doing this on a cent account for experimental reasons.
If anyone else has any good tips please feel free to share your setups.
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1 Reply
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Hello Paul, Thanks for the insight, happy to see more traders, share their strategy on how they use our bots. Always ensure to use a fail safe to avoid blowing your entire account, remember moho is an aggressive scalper, therefore withdraw your profits made daily, into your wallet that way, even if you lose 40/50 percent of your account once a month, you have made an accumulated profit of 80% in that month, which is twice your perceived risk.
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