Small Account Trading SR

The strategy prioritizes financial stability and steady growth, adhering to strict risk management principles. It is particularly suited for small accounts with deposits around $2000.

Here’s a detailed look at the strategy behind these signals:

1. I trade using support and resistance (SR) levels, focusing on identifying key price points where the market tends to reverse or consolidate.

   + This simple approach helps make informed trading decisions based on historical price movements.

   + By observing these critical levels, I can predict potential price movements and plan my entries and exits accordingly.

2. I primarily use higher time frames, such as H4 and Daily charts, to get a clearer picture of market trends and avoid the noise of lower time frames.

   + This helps in identifying long-term trends and major support and resistance levels.

3. I follow a preservation strategy with a fixed risk per trade and trading week. I risk a maximum of 0.5-1% per trade and 5% per trading week.

   + This approach ensures that even after multiple consecutive losses, my overall capital remains largely intact.

4. I aim to maintain a maximum drawdown between 5% and 10%.

5. I focus on compounding smaller accounts into larger ones by reinvesting profits and using a disciplined approach to scaling up trades.

   + By starting with a smaller capital base and progressively increasing position sizes as profits accumulate, I aim to grow my account steadily without taking on excessive risk.

6. I do not use any robots (algos). All trades are manual and have set stop-loss and take-profit levels.

   + That allows for greater control and adaptability to changing market conditions.

7. I use a leverage of 1:500.

   + By maintaining strict control over my trade sizes and ensuring each trade adheres to my risk parameters, I can harness the benefits of high leverage without exposing my capital to excessive risk.

8. I trade on a swap-free (Islamic) account, which eliminates overnight interest charges.

   + This allows me to hold positions longer without incurring additional costs, aligning with my trading principles.

9. I do not use grid, martingale, hedging, or any other high-risk strategies.

   + These methods are inconsistent with my risk management approach.