FX MIND

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Fx Mind Builders
Trading Hand Book
A step by step guide on how to stay profitable with our signals.

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 Trading Rules & Guidelines

Lot size
What is Forex Lot Size

In financial markets, lot size is a measure or quantity increment suitable

to or precised by the party which is offering to buy or sell it.

In other word, lot size refers to the total number of value in currency
you buy in one transaction. The theory of lot size allows financial mar-
kets to regulate price quotes. It basically refers to the size of the trade
that you make in the financial market.

Types of Forex Lot Size

● Standard Lot
Units - 100,000
Volume - 1.00
Dollar Value Per Pips - $10.00/Pip

• A standard lot represents 100,000 units of any currency.

• 1.00 is the volume on a standard lot size
• Dollar value per pips on a standard lot is equivalent to $10

● Mini Lot
Units - 10,000
Volume - 0.10
Dollar Value Per Pips - $1.00/Pip

• A mini lot represents 10,000 units of any currency.

• 0.10 is the volume on a mini lot size
• Dollar value per pips on a standard lot is equivalent to $1

● Micro Lot
Units - 1,000
Volume - 0.01
Dollar Value Per Pips - $0.10/Pip
 Trading Rules & Guidelines

Lot size & Positions

• A micro lot represents 1,000 units of any currency.
• 0.01 is the volume on a standard lot size
• Dollar value per pips on a standard lot is equivalent to $0.10

Lot size: Standard Lot Lot size: Mini Lot Lot size: Micro Lot

Unit: $100,000 Unit: $10,000 Unit: $1,000

Volume: 1.00 Volume: 0.10 Volume: 0.01
$/pip: 10.00/pip $/pip: 1.00/pip $/pip: 0.10/pip

Equity and Money Management Lot Sizes

Account Size (Equity) Lot Size

$100 - $299 0.01

$300 - $499 0.02
$500 - $999 0.03
$1,000 - $1,999 0.05
$2,000 - $2,999 0.08
$3,000 - $3,999 0.12
$4,000 - $4,999 0.17
$5,000 - $5,999 0.23
$6,000 - $6,999 0.30
$7,000 - $7,999 0.38
$8,000 - $8,999 0.47
$9,000 - $9,999 0.57
$10,000 - $19,999 0.68
$20,000 - $29,999 1.00
$30,000 - $39,999 1.68
$40,000 - $49,999 2.00
$50,000 2.68
 Trading Rules & Guidelines

The 2% Rule

Never Risk More Than 2% Per Trade

How much should you risk per trade?

Try to limit your risk to 2% per trade.

Trading rules, especially the 2% rule is the most common and yet also the
most violated rule in trading and goes a long way toward explaining why
most traders lose money. Trading experiences littered with stories of
traders losing years and worth of profits and savings in a single trade. This
is the primary reason why the 2% stop-loss rule must and should never be
violated. No matter how certain the trader may be about a particular out-
come the market would provide or a particular trade setup.

Ways to apply the 2% Rule?

There are two ways traders can apply the 2% rule. The first is to only use
and risk 2% of capital per trade. The second is to use as much capital
needed for a trade, but apply a stop loss to the position so no more than
2% of the account is lost if the trade goes the wrong way (Equal Risk/
Reward Methodology)

The rule is applied so that no single trade causes a massive loss in the
account.

Just imagine that you started trading with $1,000 and lost 50% or $500. It
now takes a 100% or a profit of $500 to bring you back to play. Getting
into this kind of trouble as a trader means that, most likely, you have
reached the point of no return and are at risk for blowing your account.
 Trading Rules & Guidelines

Fx Mind Builders 30 Trades Profit Projection Following The 2% Rules

TP :
SL:
50 Pips
25-50 Pips
$200 Equity
Trades Balance Risk % Per Trade Profit Goal Required lot size
per trade
$200.00 2.00%

1 $204.00 2.00% $4.00 0.01

2 $208.08 2.00% $4.08 0.01
3 $212.24 2.00% $4.16 0.01
4 $216.49 2.00% $4.24 0.01
5 $220.82 2.00% $4.33 0.01
6 $225.23 2.00% $4.42 0.01
7 $229.74 2.00% $4.50 0.01
8 $234.33 2.00% $4.59 0.01
9 $239.02 2.00% $4.69 0.01
10 $243.80 2.00% $4.78 0.01
11 $248.67 2.00% $4.88 0.01
12 $253.65 2.00% $4.97 0.01
13 $258.72 2.00% $5.07 0.01
14 $263.90 2.00% $5.17 0.01
15 $269.17 2.00% $5.28 0.01
16 $274.56 2.00% $5.38 0.01
17 $280.05 2.00% $5.49 0.01
18 $285.65 2.00% $5.60 0.01
19 $291.36 2.00% $5.71 0.01
20 $297.19 2.00% $5.83 0.01
21 $303.13 2.00% $5.94 0.01
22 $309.20 2.00% $6.06 0.01
23 $315.38 2.00% $6.18 0.01
24 $321.69 2.00% $6.31 0.01
25 $328.12 2.00% $6.43 0.01
26 $334.68 2.00% $6.56 0.01
27 $341.38 2.00% $6.69 0.01
28 $348.20 2.00% $6.83 0.01
29 $355.17 2.00% $6.96 0.01
30 $362.27 2.00% $7.10 0.01
 Trading Rules & Guidelines

TP : 50 Pips
SL: 25-50 Pips $1,000 Equity
Trades Balance Risk % Per Trade Profit Goal Required lot size
per trade
$1000.00 2.00%

1 $1,020.00 2.00% $20.00 0.04

2 $1,040.40 2.00% $20.40 0.04
3 $1,061.21 2.00% $20.81 0.04
4 $1,082.43 2.00% $21.22 0.04
5 $1,104.08 2.00% $21.65 0.04
6 $1,126.16 2.00% $22.08 0.04
7 $1,148.69 2.00% $22.52 0.05
8 $1,171.66 2.00% $22.97 0.05
9 $1,195.09 2.00% $23.43 0.05
10 $1,218.99 2.00% $23.90 0.05
11 $1,243.37 2.00% $24.38 0.05
12 $1,268.24 2.00% $24.87 0.05
13 $1,293.61 2.00% $25.36 0.05
14 $1,319.48 2.00% $25.87 0.05
15 $1,345.87 2.00% $26.39 0.05
16 $1,372.79 2.00% $26.92 0.05
17 $1,400.24 2.00% $27.46 0.05
18 $1,428.25 2.00% $28.00 0.06
19 $1,456.81 2.00% $28.56 0.06
20 $1,485.95 2.00% $29.14 0.06
21 $1,515.67 2.00% $29.72 0.06
22 $1,545.98 2.00% $30.31 0.06
23 $1,576.90 2.00% $30.92 0.06
24 $1,608.44 2.00% $31.54 0.06
25 $1,640.61 2.00% $32.17 0.06
26 $1,673.42 2.00% $32.81 0.07
27 $1,706.89 2.00% $33.47 0.07
28 $1,741.02 2.00% $34.14 0.07
29 $1,775.84 2.00% $34.82 0.07
30 $1,811.36 2.00% $35.52 0.07
 Trading Rules & Guidelines

Fx Mind Builders 1 Months Profit Projection Following The 2% Rules

Applying the 2% rule and taking just 3 trades per-day, you make 6%
profit per day. if you then multiply that by 20 trading days in a month
you get 120% per month.

Of course we have to also keep in mind the losses that might be incurred
within this period, if 1 trade is lost per day your account will only drop by
2% which can possibly be made back on the next trade you take.

The whole purpose of the 2% rule is to ensure that you trade with
purpose, discipline and proper money management.

Why the 2% Rule?

The best way to avoid such a fate is to never suffer a large loss. That is
why the 2% rule is so important in trading. Losing only 2% per trade
means that you would have to sustain 10 consecutive losing trades in a
row to lose 20% of your account. Even if you sustained 20 consecutive
losses - and you would have to trade extraordinarily badly to hit such a
long losing streak - the total drawdown would still leave you with 60% of
your capital intact. While that is certainly not a pleasant position to find
yourself in, it means that you need to earn 80% to get back to play - a
tough goal but far better than wiping off your account.

The art of trading is not about winning as much as it is about not losing.
By controlling your losses, much like a business that contains its costs, you
can withstand the tough market environment and will be ready and able
to take advantage of profitable opportunities once they appear. That's
why the 2% rule is the one of the most important rules of trading.
 Trading Rules & Guidelines

Firstly, What Is Break Even?

The term defined to mean when a trader takes the stop loss on one
position and pulls it past the entry price making the trade risk free.

Why Use Break Even?

To protect your hard earned cash on a position. It is also a great way of

defining a trade profit point where you have decided that if the market
comes back on you, you do not want to be in that trade. Another aspect of
trend evidence trading here as well.
So overall while using break even is optional to a trader and some traders
just prefer to take partials as there trade moves more into profit, it is a nice
option to have for those remaining positions.

Partial close
Partial close is one of the forex exit strategies that are available at the
disposal of forex traders. It is a forex exit strategy that a trader can use to
exit his trade in a simplier fashion instead of just exiting the trade at one
time. It is used to close a portion of a trade as the profits start to roll in so
as to secure some level of profit no matter what could happen later. Partial
close helps ensure, at least, small amount of profit when trading is
favorable

Pending Order
What is pending order?

A pending order is an order to buy or sell a currency pair, which is executed

in the future when the price reaches the specified level.

Types of pending orders

• Stop Orders
• Limit orders
 Trading Rules & Guidelines

Δ Stop Orders
are placed at a price worse than now (expecting that the trend will stay the
same)

Types of stop Orders

•Buy Stop • Sell Stop

• Buy Stop is a pending order for purchase at a price above the current
one. The trader places Buy Stop, when he assumes that the price will over-
come a certain level and start to grow.

• Sell Stop is a pending order for sell at a lower price than the current one.
The trader places Sell Stop, when he counts on a further reduction of the
price after overcoming the certain level.

Buy Stop Sell Stop

Order place above price Order place below price
and price keep going up and price keep going down

Δ Limit orders – are placed at a price better than now (expecting that the
trend will reverse)

Types of Limit orders

*Buy limit *Sell limit

• Buy Limit is a pending order to buy at a lower price than the current one.
The trader places Buy Limit, when he counts on the price increase after the
price falls to the certain level.

• Sell Limit is a pending order to sell at a higher price than the current one.
The trader specifies Sell Limit, when predicts that the price will rise to the
certain level, and then begin to fall.

Buy Limit Sell Limit

Order place below price Order place above price
and price then goes up and price then goes down
 Trading Rules & Guidelines

Rules Of Engagement
Forex is risky and we do our best of analysis to find most suitable entry.
we call trades that we also take.

• If you really grow your capital and make consistent profit, follow us and
leave all other channels
• Survival is key in forex market
• Proper money management execution is paramount
• No greed and always lock in profits
• Do not open layer of trades positions
• Forex trading is a marathon not a sprint

● How to Execute Signals?

• Always use proper volume/lot size

• Apply risk management.
• Use fixed lot size for all trades
• Always risk 2% of your capital
• Don't Over-leverage your account
• Before placing the order please do some of your own analysis to learn.
• Always be ready when we ask to close a position, we do that when we
notice a change in the market trend direction.

● How to Trade our Signals... Prompt Guildeline

When we give out updates for small account holders to close Trades at
certain profit target. Please kindly follow the just order as it is very important
for your account stability and growth.
We want everyone to profit long term with us regardless of your account
size.
If you have an account size ranging between $100 - $1000 or you Trade with a
Micro lot size, kindly follow instructions and close right away with the Pips
profit provided.
While once information of that nature is provided. Big account holders
which is account above $1000 and Mini lot Traded account are expected to
either follow suit or close half of there positions and move SL to entry price for
a Risk Free Trade.
 Trading Rules & Guidelines

Rules Of Engagement
● Pending Order Instructions
You can enter into any limit (Pending Order) manually, within 3-5 Pips
difference. because every broker has different spread rate.

● How to Lock Profit?

• For risk management & risk free trading, always move trade to
breakeven (Stop loss to Entry Value) when in 35-50 Pips profit
• Do not panic!
• Keep discipline & patience.
• If any trade is running negative, Do not panic. Forex is the hardest way
to get easy money. Patience is Key
• If any positions breaches stop loss, Do not worry, embraces losses you
can't always get it right all the time but we always do well to make up
for our losses with our track record of success.
• Decision made during forex trading should never be based on
emotion. They should be based on objective market analysis and current
market conditions.

Patience and Discipline

Following our Signals or engaging on your own Trading Strategy requires
patience and discipline.

• Patience: Following our signals, or your trading strategy, and engaging

a trade, you need to let the market move before closing it, or moving the
stoploss (unless to break even or trailing it). Let it reach it's Take Profit.
Remember, this is a matter of probabilities.
 Trading Rules & Guidelines

• Stay Disciplined. If the trade hits your Stop Loss, wait for the next
trade! Don't move your stop loss based on 'feelings'. Except instructions
are given by FXMB analyst. Want feelings? Get a dog. No room for
feelings in this business.

Key Point Takeaways

• Trading is NOT, a get rich quick scheme.

• If you intend to continue as a trader, risk management is the key to

long term engagement.

• Trading takes investing your time to build a knowledge foundation,

practice in a demo environment, moving to a live environment and
dealing with the psychology behind it.

• A Risk Management Strategy protects you from destroying your

account.

If You Need Help With Any Thing Dont Hesitate To Reachout Us

On Telegram
@Fxmindbuildershelpdesk
@Fxmindbuilderssupport
https://t.me/fxmindbuilders

Email
Support@fxmindbuilders.com

Website
www.fxmindbuilders.com