When trading the ATW Education Account, adhering to certain trading rules is essential to ensure a disciplined and structured approach.
To simplify, the maximum risk per trade is set at 0.02 standard lots or 1% of the account balance & non-tradable credit combined, with a limit of 8 trades at risk simultaneously. Additionally, it is important to note that trades must not involve the same currency pairs using the same candle for entry.
Here are an overview guidelines apply specifically to the assigned ATW Education Account.
✅Maximum risk per trades is 0.02 standard lots or 1% of Account Balance & Non-Tradable Credit.
✅MAXIMUM of 8 trades on different currency pairs can be at risk on the account at any one time.
✅ Always have stop-loss on the trades you took
❌ Multiple Trades at risk on same product using similar entry level on different days
❌ Multiple Trades over the risk limit on same product on same days
1. Risk Management: The cornerstone of successful trading is effective risk management. Ensure that the total risk for any single trade does not exceed 1% of your account size. For ATW Education Account that have a balance of $3,000 and below that will be a maximum position size of 0.02 standard lots per product. By keeping your risk in check, you protect the capital from significant losses.
2. Maximum Concurrent Trades: Maintain a maximum of 8 concurrent trades across different products at any given time. This rule prevents overexposure to the market and allows you to better manage your trades.
3. Approved Strategies: Stick to strategies that have been taught by Actions To Wealth or are specifically approved by our guidelines. These include trade signals provided by our trade signals telegram channel or the hosts of our YouTube show. Following these strategies enhances the consistency and reliability of your trading decisions.
4. Entry-Level Variation: While you can place multiple trades on the same product on different days, make sure that these trades have distinct entry levels. Avoid repeating the same entry point for multiple trades as this enhances your trading versatility and minimizes risk.
5. Documentation: Document your trading decisions meticulously. This practice not only aids in analyzing your trading performance but also provides valuable insights for future trades.
It’s important to note that these rules are in place to facilitate a disciplined and strategic trading environment within the ATW Education Account. Adhering to these guidelines helps you cultivate good trading habits and enhances your potential for success.
If you’re uncertain about any aspect of these rules or need clarification, don’t hesitate to reach out to us at [email protected]. Our team is here to provide guidance and ensure that your trading activities align with these principles. Your commitment to following these rules contributes to a positive trading experience and the development of your trading skills.