Guidelines for New Premium Trade Copier Members
If you have any questions, please contact 4X support. They are your support and will be there to help you with any questions you have. You can create a ticket in your user account or email them directly at email@example.com. They are available 24/5 and usually respond within 1 hour. If available you can also chat with them live.
Set it to 'fixed lot size'. This will enable you to control your own lot size.
Set this to 10 pips to ensure your MT4 copies correctly.
First of all please find out from your broker what lot size they are using. This varies from broker to broker. For most brokers, $1 per pip equals to 0.1 lot size.
Please double check with your broker. You decide what lot size you should set for yourself. This obviously depends on your equity size and your goal.
Below is a basic recommendation to get you started out with. This guideline is the maximum $ per pip you should set if you are new to forex trading. We do not recommend going high risk unless you are an experienced trader.
|Equity||Low Risk||Medium Risk||High Risk|
|$500||$0.50 per pip (0.05 lot)||$1.00 per pip (0.1 lot)||$1.50 per pip (0.15 lot)|
|$1,000||$1 per pip (0.1 lot)||$1.50 per pip (0.15 lot)||$2 per pip (0.2 lot)|
|$2,000||$2 per pip (0.2 lot)||$3 per pip (0.3 lot)||$4 per pip (0.4 lot)|
|$5,000||$4 per pip (0.4 lot)||$5 per pip (0.5 lot)||$6 per pip (0.6 lot)|
|$10,000||$6 per pip (0.6 lot)||$7 per pip (0.7 lot)||$10 per pip (1.0 lot)|
We do not recommend setting lot size more than $10 per pip unless you are an experienced trader or you have an equity more than $10,000.
Done setting up
When you are done setting up you should be able to see your status as 'connected'. Please contact 4X support to double check that you are connected properly.
Whenever you have connectivity issues, please contact 4X services support. They are available 24hours and usually respond within an hour. They are one of the best in customer support.
They are paid to help support you. I cannot check on your connectivity issues. I have no access to check the status of your account. You can always keep me posted.
Risk Reward Ratio & SL point
Risk reward ratio is about 1:1. Take Profit & Stop Loss points are between 30-100 pips per trade.
I trade when I see profitable trades. I do not trade just to trade. I have a very high winning percentage. We have not fallen under 75% the past 4 years. 2012 we were doing about 86%. I have my own formula that made me really successful. I have hundreds of clients including you and I am very careful with them. Expect about anywhere from 8 to 20 trades a month