Publisher's Synopsis
This book develops the Loss Recovery Trading System (LRTS) and demonstrates how you can recover from losing trades in the online currency market. The strategy ultimately turns losing trades into net profit position before exit. It is practically designed to combine different order types to manage your trades to breakeven or net profit. It is a product of a well-conducted research with practical live trading examples to illustrate that you can not only recover from your loss position in your currency trading but turn same into net profit regardless of the market direction. This is an uncommon trading and recovery strategy you may not have found or read anywhere. It symmetrizes the Fibonacci numbers into a trading system that can recover losses when your setup fails.Lots scale-out and scale-down; position locking, price action and chart pattern breakout are the ultimate and advanced strategies used to turn a losing position to net profit. When the LRTS rules are rigidly followed, your trades always close with a profit factor of greater than one.The LRTS has a formula or an add-on program that can be used to predetermine the optimal position size and manage your risk to achieve net profit without the fear of a margin call or stop-out. By defusing the risk normally associated with leverage, the system encourages the use of high leverage to its advantage. No other system boosts trading confidence like the LRTS as in this book.
