Getting Started
The Ultimate Step by Step Tutorial to Your Trading Success
Introduction:
Welcome to V12Trading, the ultimate platform for achieving financial independence through Forex trading. This comprehensive guide will take you through each step of the process, equipping you with the knowledge and tools needed to maximize your earning potential.
STEP 1: Get the Lifetime VIP Package
Get our exclusive Lifetime VIP package to access to our private Telegram Channel where you’ll receive our VIP Signals and unlock amazing profit potential in trading, after purchasing please Contact our Telegram admin @V12trading on to get instant access to our VIP Channel. Join now and start your journey towards your financial freedom!
STEP 2: Pick the Right Broker
Choosing the right broker is crucial for successful Forex trading. Selecting a reliable broker ensures efficient trade execution, access to a wide range of currency pairs, and competitive trading conditions. If you’re based in the United States, we recommend this broker. For our international members, we suggest this broker. Evaluate the features, regulations, and services offered by different brokers to find the one that suits your trading needs.
STEP 3: Download the MetaTrader4 (MT4) App
MetaTrader4 (MT4) is a widely used trading platform that offers advanced charting tools, technical indicators, and order execution capabilities. Download the MetaTrader4 app on your device from your app store (iOS or Android). After installation please link it to your broker account, if you have any question please feel free to contact our Telegram Admin @v12trading
STEP 4: Start Trading
After you receive a trading Signal on Telegram it should look like this:
Go to metatrader4, select the pair in this case AUDJPY
Then Click on Trade
The first thing that you need to do is to make sure that you are extremely close to the entry price “not more than 10 pips !” . The second and most important thing that you need to do is to enter the lot size (make sure to use this Calculator to choose a lot size suitable to your capital) . then enter the SL number in the stop loss field and TP in the take profit field.
At the end you click either on Sell by market or Buy by market, in this case we have a signal to BUY
If you receive a Signal with TP1 TP2 and TP3 you should divide your lot size by 3 and open 3 positions.
For example, if you have $10000 and you want to use lot size 1 you should open 3 trades with 0,3 lot size each.
so:
– 1st position: SL –> TP1.
– 2nd position: SL –>TP2
– 3rd position: SL –> TP3
Our Numbers !
Pip Calculation
What are Pips
The unit of measurement to express the change in value between two currencies is called a “pip.” If EUR/USD moves from 1.1050 to 1.1051, that 0.0001 USD rise in value is ONE PIP.
Pips/Money
For example you placed a trade and you’ve got a message in our telegram channel that we’ve gained 100 Pips on this trade. if your lot size its 0,1 that means you’ve made for each pip approximately $1. congratulation! you’ve made $100 or whatever the currency that you trade with.
So let’s say now that we’ve made 720 pips in a single week
Lot size 0,01 -> $0,1 per pip Gain -> $72 Profits.
Lot size 0,1 -> $1 per pip Gain -> $720 Profits.
lot size 1 -> $10 per pip Gain -> $7200 Profits.
lot size 10 -> $100 per pip Gain -> $72.000 Profits.
Inportant Informations !
Our STRATEGY
Pip Locking
What it means is simply moving SL as the trade progresses. So, when TP1 is reached, move SL to break-even (entry price).
With this strategy, you are guaranteed to exit as a winner if the market reached TP1 and retraced back to entry, at least you’ve secured the first take profit, that is the worst case scenario.
There will be plenty of more trades to come since we publish between 3-12 forex signals or even more daily. With our +80% accuracy , the majority of trades go well beyond TP1 and a trade can also be exited without issues if a trader chooses.
Minimum Capital
How much do i need to start trading Forex
One of the unique advantages of the Forex market is that traders do not need huge amounts of capital. Unlike the stock markets, where traders need to put up huge amounts as collateral and also account for market valuations, the Forex market works differently.
For average results our recommendation is to start with a minimum of $300 noting less than that. of course a trader with a $10.000 capital can make easily a minimum of $500 a day. so the higher the capital the better are the profits.
Risk Management
Trading Rules
Please make sure that you always risk 1 to 3% of your capital per trade, that means if
the trade hit the SL you will lose a max of 3% of you capital, and please always use a
lot size calculator like this one: Click Here!