Collective2

If you have a coupon for Kingda ProFX, please use it with this strategy. Coupons are only accepted under this subscription. Thank you.

About
Kingda ProFXis a trend and counter trend system using multiple time frames. Target is usually 20-150 pips per trade. Due to the nature of the system (real-time market order), this system will only work when in "AutoTrade" mode.

This strategy trades on multiple time frames (1H and higher). The system currently follows 16 pairs (EURJPY, GBPJPY, USDJPY, EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD, EURCHF, EURAUD, GBPAUD, AUDJPY, CADJPY, EURGBP, and AUDCAD.). Trades can last from several hours to days.

We plan to add more pairs in the future.

Account Size and C2 Model Account
The C2 model account trades 20-40 mini lots per order. If you plan on starting with a smaller account size, you will have to adjust the lot size when setting up the Auto Trade feature.

So if you plan on trading with $5,000, we would suggest trading 10% of our C2 model account (10% of 20-40 mini lots would be 2-4 mini lots).

If you plan on starting with $10,000 we suggest you trade 20% of our C2 model account (20% of 20-40 mini lots would be 4-8 mini lots per trade).

Trade Frequency
Since Kingda ProFX trades on multiple time frames of 1H and higher, we expect to have a few trades during the week. Since trades can happen at anytime, we highly recommend running the strategy on "AutoTrade" mode.

Position Management
We will average in on each position if necessary and a strict money management rule has been set in place. If we do get stopped on a trade, we are always looking to re-enter the trade.

Order Entry and Order Size
All orders are entered manually. At this moment we trade 20-40 mini lots per order. Our stops can be between 20-150 pips per trade .

Please note : These are only estimates. Losses can be greater or smaller.

Final Comments
Draw-downs and losses will occur. I do trade my own account with real money. Any draw-downs and losses hurt me personally as well. So, obviously, I try my best. I do not have a crystal ball. I am human. Hindsight is 20/20. And finally, read the disclaimer below carefully before trading any system .

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DISCLAIMER
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.