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3 best Forex trading Techniques to Double your Forex Broker Account in 1 trade
It is not as difficult as people think if you use the following Forex trading systems.
3 Forex Techniques
There are basically 3 main methods (there are many others).
One
The first Forex trading technique is probably the easiest. When you enter a trade at say 3% risk and it becomes successful you can simply increase the number of lots you are trading. This multiplies your gains. If you do this a number of times during 1 transaction you can double your account in 1 trade. The trick to this technique is to move your stop on all open transactions to a breakeven level. If the price reverses you get stopped out a breakeven. There is a lot of free information on the internet about this technique on the internet. Just Google “double in 1 trade Forex” or Double in a Day Forex”. This is a nice option as your initial risk is only 3% and you can make 100%.
Two
The second Forex system is to risk your whole account on one trade. This means that you simply risk the maximum amount of lots your account will allow on your next trade. You need a highly leveraged account of at least 400:1 and a target of 120 pips and a stop of 80 pips to do it. Can be done, but very risky. Depending on your broker, if the deal fails you could lose 70% to 80% of your account so this is not recommended. It is a novelty trade best done using a demo Forex broker account.
Three
The 3rd Forex trading technique one is based on luck rather than skill. You enter a deals at the very start of a huge trend with a small stop and a very large target. Your account will eventually double if the trend is big enough and you have risked between 10% on the deal initials. Some traders did this trading the Mexican Peso when Trump was elected in 1 day.
Over to you
The best is try all 3 these Forex trading techniques using a Forex Demo account to see which one you like.
Hope this helps
Alex du Plooy
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