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TailoredTrader.Com
Live Forex Trading Room
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Frequently Asked Questions
I have been in the trading business for YEARS and have been a victim of past trading scams while on my trading journey. No scams here. Just a small team of real traders operating a room with ONE strategy to provide good quality trading set-ups on 3 major currency pairs.
If you do not find your answer above send us a message and we will make sure to get back to you as quickly as possible.
Do you call live trades in the room that a member can attempt to follow?
In the room, yes, we call live trades that members can follow, at their own risk.
What are typical stops and targets in terms of pips?
We day trade 3 major currency pairs, EUR/USD, GBP/USD, and USD/JPY with a STRICT MAX 30 pip Stop Loss rule, however set-up dependent we like to get that down to 11-18 pips. Of course in all trading we aim on favorable risk reward ratio of 1.5 to 1's initial target, but attempt to ride winners with trend.
How many trades a day are taken?
We hope to provide 5-7 trades per day on average. Trading day-dependent as we can't force the strategy set-up in the market.
Do you have a performance record from live calls made in room I can review?
Performance spreadsheets are going to be built out live real time in the room, updating live with trades, tracking all the numbers for the strategy traded in the room. The excel will be provided to all members and available on demand to Tailored members. In future we will also have MyFXbook verified accounts.
What is a typical risk to reward on your trades? Winning percentage?
The strategy is very dependent on quick and proper execution, which I will perform in the room. Done right, with some mistakes of course, we are over the 55%-60% win strike rate (averaged smoothed, as every day is different) and am currently on the 2:1 R:R number at the moment.
what is your edge in the market? Is it pure TA or some added no price related information?
This is a strategy that I have personally traded for my own steady consistent gain for a few years and counting. It's moving average crossover, price action based- with a focus on getting on the right side of the -now- market trend, cutting losers quickly if wrong and riding the winners if right.
I understand that even though I am calling the trades in the room, followers results may differ due to, execution, position sizing differences, price entries, proper discipline, emotions, confidence and more. Which is why I offer the excel sheet to the members and will be teaching about how to track the NUMBERS of trading and treating as a business as a high focus.