Your Forex Trading Strategy Description

A detailed description of your Forex trading strategy is very important parameter, that makes your strategy different from others at our service. Writing the Strategy Description you should use all your creative skills for attracting the clients and showing them the unique points of your trading system.

Strategy Description is situated on the trader’s personal page. Clients see it (description) when looking through the parameters of the trading system. So, the strategy description is the “face” of your trading system, it makes the first impression on people. You should be very serious when writing it.

Try to describe the basic parameters of your trading system. You can make up the description answering the following questions:

1. What’s the type of the strategy: scalping, intraday trading, long term trading, etc?
2. What’s the probable risk of the system and the signals, given by it?
3. If you open positions with more than 1 lot, explain the reason for that. Describe, when you open positions with one lot, when with 2 lots and so on. Notice, that describing of using number of lots is obligatory.
4. What kind of system do you provide: trending, countertrending, breakout, trading range, hedging etc.?
5. Do you use channels or Fibonacci retracement, etc.?
6. When do you usually give signals?
7. How often do you give signals?
8. Do you usually open market orders or pending ones, or both?
9. What methods do use while analyzing the market? How do you use fundamental and technical analysis?
10. How do you react on the news? Do you work when important news comes out?
11. What is the average term of your trades?
12. What periods of time you use for analysis of the market?
13. What tools and indicators do you use for analysis? How do they help you?
14. Due to what rules do you open positions? (How do you enter the market?)
15. What rules do you follow for closing positions?
16. How do you determine the levels of Take-profit and Stop-loss?
17. How do you do money management? What’s the risk of every trade?
18. Do you change your strategy in some way due to the moving of the market? If yes, what were the last changes?
19. Who can use your signals and who cannot?
20. What should be also taken into consideration, while working with your signals?
21. What other advantages of your trading strategy can you admit?

While writing your Strategy description:

• try to make your language understandable for all your possible clients, even for beginners at Forex market
• don’t shorten the names of the indicators and etc
• be yourself, don’t copy other traders’ descriptions (you can see examples at our traders’ personal pages)
• don’t duplicate there parameters you’ve written in “Strategy rules” section
• - notice, that it should consist of about 200 words