The Ultimate blueprint to reach success in Forex
1) Explanation of the Blueprint
2) Visual diagram
Highly recommend not skipping any part!
The Ultimate blueprint to achieve success in Forex (1-3 year plan)
1) (3-6 months) should be spent on basics to forex, studying and developing your technical analysis
using a demo account.
2) To start a small challenge with a prop firm. Get a small funded account.
3) Use profits from your passed small accounts to do bigger accounts.
4) Once you have 200k account, you can consistently make 2-5k a month (side income)
Final step: To aim for 7 figure funded accounts. (transition to full time)
Conservative system
1. Risk 0.5% per trade idea.
 Until you’re up minimum 2% (or whatever buffer you’re comfortable with) then risk 1%.
 Or just stick with 0.5% if that’s what you’re comfortable with.
2. 1:2 Risk to reward.
3. Max 2 losses in a day. (prevents revenge trading)
Max 2 wins a day. (prevents over-trading)
Max 4 losses in a week.
Aggressive system to tackle challenge (High risk-High reward)
1. Risk 1% per trade idea.
2. 1:2 Risk to reward.
3. Maximum loss 2% in a day (Maximum two trade in a row - day)
1:2 risk reward ratio
50% accuracy using this system.
10 trades
1 2 3 4 5
6 7
8 9 10
L L L W W W W L W L = 5%
-1 -1 -1 +2 +2 +2 +2 -1 +2 -1
How to tackle verification.
Risking 0.5% till you’re up 2%.
Once your up 2% proceed to risk 1%.
If my account goes back to original balance I will go back to risking 0.5%.
100k account. You win the next 2 trades (1:2 RR). Your up 2% and you have a nice buffer(cushion)
Then Risk 1% L
Funded account methods.
Risk only less, do not get greedy and risk more and loss the funded account
Do not get greedy and use a risk you’re not comfortable with,
Risk
0.25 %- 0.5 % only of the funded account
To make 1:2
Same low risk on the funded account, start a challenge.
200k
Risk 0.5%
1k to make 2k.
My Ultimate System (consistently profitable system)
1. Risk 0.5% per trade idea.
2. 1:2 Risk to reward.
3. Max 2 losses in a day. (prevents revenge trading)
Max 2 wins a day. (prevents over-trading)
Max 4 losses in a week.
100k. Risk 0.5%. risk 500 to make more than 500. To close out at 1000.
200k. Risk 0.5%. Risking 1k to make 2k.
20 Trades in a row needed to lose your funded account.