Scaling up used for Dukascopy(safe account)
Important points :
1. Trading system must have a high winning percentage - above atleast 70%.
2. The risk to reward ratio should be atleast 1:4 including the spread. The spread and commissions should always be covered.
3. If 30 minute chart agrees with the direction of trade then the risk to reward ratio should be increased to 1:8.
4. Scale up after winning 2 trades.
5. Scale down after losing 1 trade.
6. After achieving the target of atleast $40000 go back to 1a.
7. Never ever scale up if the SL of current trade is more than last trade. Reduce the lot size or leverage depending upon the situation
Current Balance - $81,580
Starting lot - 2000 X 50 = 100000
Pip value - $10
Scaling scalehypothetical SL and TP as the values have been different so far)
1a. 10/40 --------------------> $100/$400 --------------------> 400
1b. 10/40 --------------------> $100/$400 --------------------> 800
2a. 10/40 --------------------> $200/$800 --------------------> 1600
2b. 10/40 --------------------> $200/$800 --------------------> 2400
3a. 10/40 --------------------> $300/$1200 --------------------> 3600
3b. 10/40 --------------------> $300/$1200 --------------------> 4800
4a. 10/40 --------------------> $400/$1600 --------------------> 6400
4b. 10/40 --------------------> $400/$1600 --------------------> 8000
5a. 10/40 --------------------> $500/$2000 --------------------> 10000
5b. 10/40 --------------------> $500/$2000 --------------------> 12000
6a. 10/40 --------------------> $600/$2400 --------------------> 14400
6b. 10/40 --------------------> $600/$2400 --------------------> 16800
7a. 10/40 --------------------> $700/$2800 --------------------> 19600
7b. 10/40 --------------------> $700/$2800 --------------------> 22400
8a. 10/40 --------------------> $800/$3200 --------------------> 25600
8b. 10/40 --------------------> $800/$3200 --------------------> 28800
9a. 10/40 --------------------> $900/$3600 --------------------> 32400
9b. 10/40 --------------------> $900/$3600 --------------------> 35000
10a. 10/40 --------------------> $1000/$4000 --------------------> 39000
10b. 10/40 --------------------> $1000/$4000 --------------------> 43000
Aggressive Martingale for IB brokers(very aggressive)
Important point:
1. Do not have more than $5000 in IB account.
2. After every loss scale down and after every win scale up.
3. Rest same as Duka account rules.
Pip value : 5000*50=250000/10000=25
1. 10/40 --------------------> 250/1000 --------------------> 1000
2. 10/40 --------------------> 500/2000 --------------------> 3000
3. 10/40 --------------------> 1000/4000 --------------------> 7000
4. 10/40 --------------------> 2000/8000 --------------------> 15000
5. 10/40 --------------------> 4000/16000 --------------------> 31000
6. 10/40 --------------------> 8000/32000 --------------------> 63000
7. 10/40 --------------------> 16000/64000 --------------------> 127000
8. 10/40 --------------------> 32000/128000 --------------------> 257000
9. 10/40 --------------------> 64000/256000 --------------------> 513000
10. 10/40 --------------------> 128000/512000 --------------------> 1025000
Results so far
Dukascopy:
Cycles = All 3 scale up cycles completed.
Time taken = Approx 5 months
IB brokers :
Reached level 7 and then blew the account for first cycle.
Useless scale up system as slippage starts happening even in a broker like IB.
Next cycle try to cap at pip value of 1000 and run it 10 times there-after.
Important points :
1. Trading system must have a high winning percentage - above atleast 70%.
2. The risk to reward ratio should be atleast 1:4 including the spread. The spread and commissions should always be covered.
3. If 30 minute chart agrees with the direction of trade then the risk to reward ratio should be increased to 1:8.
4. Scale up after winning 2 trades.
5. Scale down after losing 1 trade.
6. After achieving the target of atleast $40000 go back to 1a.
7. Never ever scale up if the SL of current trade is more than last trade. Reduce the lot size or leverage depending upon the situation
Current Balance - $81,580
Starting lot - 2000 X 50 = 100000
Pip value - $10
Scaling scalehypothetical SL and TP as the values have been different so far)
1a. 10/40 --------------------> $100/$400 --------------------> 400
1b. 10/40 --------------------> $100/$400 --------------------> 800
2a. 10/40 --------------------> $200/$800 --------------------> 1600
2b. 10/40 --------------------> $200/$800 --------------------> 2400
3a. 10/40 --------------------> $300/$1200 --------------------> 3600
3b. 10/40 --------------------> $300/$1200 --------------------> 4800
4a. 10/40 --------------------> $400/$1600 --------------------> 6400
4b. 10/40 --------------------> $400/$1600 --------------------> 8000
5a. 10/40 --------------------> $500/$2000 --------------------> 10000
5b. 10/40 --------------------> $500/$2000 --------------------> 12000
6a. 10/40 --------------------> $600/$2400 --------------------> 14400
6b. 10/40 --------------------> $600/$2400 --------------------> 16800
7a. 10/40 --------------------> $700/$2800 --------------------> 19600
7b. 10/40 --------------------> $700/$2800 --------------------> 22400
8a. 10/40 --------------------> $800/$3200 --------------------> 25600
8b. 10/40 --------------------> $800/$3200 --------------------> 28800
9a. 10/40 --------------------> $900/$3600 --------------------> 32400
9b. 10/40 --------------------> $900/$3600 --------------------> 35000
10a. 10/40 --------------------> $1000/$4000 --------------------> 39000
10b. 10/40 --------------------> $1000/$4000 --------------------> 43000
Aggressive Martingale for IB brokers(very aggressive)
Important point:
1. Do not have more than $5000 in IB account.
2. After every loss scale down and after every win scale up.
3. Rest same as Duka account rules.
Pip value : 5000*50=250000/10000=25
1. 10/40 --------------------> 250/1000 --------------------> 1000
2. 10/40 --------------------> 500/2000 --------------------> 3000
3. 10/40 --------------------> 1000/4000 --------------------> 7000
4. 10/40 --------------------> 2000/8000 --------------------> 15000
5. 10/40 --------------------> 4000/16000 --------------------> 31000
6. 10/40 --------------------> 8000/32000 --------------------> 63000
7. 10/40 --------------------> 16000/64000 --------------------> 127000
8. 10/40 --------------------> 32000/128000 --------------------> 257000
9. 10/40 --------------------> 64000/256000 --------------------> 513000
10. 10/40 --------------------> 128000/512000 --------------------> 1025000
Results so far
Dukascopy:
Cycles = All 3 scale up cycles completed.
Time taken = Approx 5 months
IB brokers :
Reached level 7 and then blew the account for first cycle.
Useless scale up system as slippage starts happening even in a broker like IB.
Next cycle try to cap at pip value of 1000 and run it 10 times there-after.