An easier way to profit from Automated Forex Trading

August 9, 2023Posted inTrading Knowledge

We have launched our Apprentice program for a few years and this program has helped many newbies to get a new passive income from the forex market by using our proven profitable EA – Ophiuchus EA. The setup is not hard and mostly takes around 30 minutes and then you will need to monitor the trading. During these years, we have collected feedback from all our clients. The main challenge is the monitoring part. Some clients have no interest or no time to monitor the market and don’t really know when whether they should control the direction of the trade or should let the EA control it. They found it challenging to manage the risky moment.

Hence, we created this new service where you can directly copy our trade using social traders’ tools.

Step by Step to Copy Trading

August 6, 2023Posted inTrading Knowledge

To copy our Signal via Social Trader Tools, there are a few things you need to prepare.

  1. A Metatrader 4 (MT4) or Metatrader 5(MT5) account. If you do not have an account, you can follow the Forex Account registration step here.
  2. Register a Social Trader Tools account as below.
  3. Host your MT4/MT5 account in Social Trader Tools. To be a trade copier, your MT4/MT5 account must be hosted in Social Trader Tools. Lastly, copy our Ophiuchus MultiCurrency Signal. The steps are as below too.

Risk Management for Martingale Trading Strategy

June 25, 2023Posted inTrading Knowledge

Before you deal with profit for trading, you should always define your risk before you start to trade. This is one of the most basic concepts for trading. Always deal with risk and profit for all your trade. However, for the martingale trading strategy, it is very common that there is no stop loss for each trade. Does it mean all martingale has no risk management? We will discuss risk management for Martingale Trading Strategy from a few perspectives in this article.

Trading Conditions on Forex Trading

June 14, 2023Posted inTrading Knowledge

There are so many forex brokers in the world and each of them always claimed they are the best, providing lightning-speed execution, fastest deposit/withdrawal, lowest commission and etc. Every trader will have to do their own research and due diligence before they sign up a new broker and we know it could be very confusing sometimes when you go through the review on the Internet. Today, we will discuss important trading condition criteria when you choose forex brokers to run our Expert Advisors (EA).

Profit Recycling

February 12, 2023Posted inPassive Income, Trading Knowledge

For traders, ensuring consistent profitability is the most critical element of being a successful trader. If you are our client for some periods, ensuring consistent profitability should not be an issue for you. After this, what’s next? In this article, we want to talk about how can profit recycling help to ensure long-term sustainable profitability after you have consistent profitability from trading.

Key Advantages of Automated Trading Bot

September 8, 2022Posted inTrading Knowledge

Trading like CFD Trading or Forex Trading has become very common nowadays and there are many traders relying on trading to generate their main or passive income. Generally, there are two main types of traders – Manual Traders and Algorithmic Traders (also called Quant Traders).

Manual Traders as its name, place a trade and close the trade manually by analyzing the market technically and sometimes fundamentally while Quant Traders use an automated trading bot to trade on market to gain automated passive income. In our honest opinion, we do not have strong preferences for either way as long as it works. When we say it works, it means the same process or action of trading can consistently generate profit in long term.

However, it is undeniable that an Automated Trading Bot or Algorithmic trading has some key advantages that you should at least considering to include as part of your trading strategy.