Thursday, May 8, 2014

How to trade Malaysia 3rd month CPO Futures on Intraday Effectively and Make Consistent Profit.

Dear readers/subscribers,

Many of you had asked me on how to trade based on our proprietary trade signals services.
Once you received the signals, you will need to do the following:-

1. Key in two stop limit order. One is a buy stop limit and one a sell stop limit based on the signal given,

For an example. Buy at 2552 means you put in the BUY STOP   at 2552.
                          Sell at 2441 meanse you key in another SELL STOP   at 2441.

You will have two pending orders in your platform now.

2. Wait for the trigger to happen, either one.

3. Once a trigger happen, you will then put a Buy limit order or a sell limit order at the 1st Take Profit Level.
 or you can scalp(take Profit) with a minimum 6 points or better.

4. If you want to increase your profit level or afraid of losses. You can move your stop loss to a Breakeven point. For an example lets assume your buy order at 2552 was trigger and it move higher above 2552 and moves into your direction, you can then move your stop loss to 2553 for a breakeven assuming your trade charges are $25 ringgit per round turn(Buy and SELL). This method is called Trailing STOP. POWERFUL  in trailing your profit.

regards,
Keith

p/s If you are still not sure. Just drop me a message via the contact form.
Thanks.

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