DAILY TRADE CALL
SEE THE STRATEGY IN ACTION!
CLICK THE BIG BUTTON TO JOIN US IN ZOOM
9:20 AM Eastern Time US M-F
8:20 AM Central Time US M-F
7:20 AM Mountain Time US M-F
6:20 AM Pacific Time US M-F
8 Minute Trader
Finding the right lot size
0.01 = $1 of balance impact for every $1 (10 pips) of price change on US30.
So if US30 moves $5 (50 pips), and you're using a 0.01, your trade will show either a + or - of $5. a 0.05, this same $5 movement on US30 would be $25 of impact on your trade.
If you used a 0.5 lot size, this would be a $250 impact on your trade.
Most candles on US30 move $20-$80. (200-800 pips)
Where to sign up for 8 Minute Trader with mrgrinchen:
STEP 1: Click the link below:
Then click "ADD TO CART"
Then click on Cart upper right hand corner ==》 Continue to Check Out
STEP 2: It will ask you "Who referred you to youngevity?"
Use this username as your answer in that box: mrgrinchen
Next click submit
STEP 3: Fill out the form
Enter your credentials and credit card info for free spot
(Note: put in valid card credentials and submit but the system will not actually charge you when creating free account)
Once you do this you'll have your own account.
You can actually use any broker you wish to use.
We use and recommend ENVIFX.
After you have successfully created your enviFX account you will need to:
Step 1: Fund your account
Click on Deposit Funds
Select the Deposit Type
Select a Wallet
Enter the Amount you want to deposit
Click on REDIRECT ME TO PAYMENT PAGE - follow the instructions provided on the next page
Step 2: Create a live trading account
Click on My Accounts
Select the Account Type : Envi FX MT4 ECN
Next you will need to Select Currency
Select the Account Leverage : 300 or 500 (this is a personal decision)
Click on Create Account
An email will be sent from enviFX with your new account credentials. Use the provided credentials to setup your MT4.
Step 3: Move funds into live trading account
Click on Internal Transfer
Select the Transfer Type : Wallet to Metatrader
Select Transfer From : (pick the one that has your recent deposit value)
Select Transfer To : (choose the newly created Live account)
Enter the Amount to Transfer
Click on Request Transfer
When the transfer is complete you will now be able to see the funds appear within your MT4 application.