The daily target is to generate between 0.5% and 3%: this means that, until the objective has been reached, the system will continue to look for opportunities to open new positions, provided that they comply with the predetermined logical conditions.
The system uses different trading strategies: Opening and closing a position in a short time interval in order to take advantage of small market movements, with an average trade duration of 3h.
The maximum loss is 3% per day, depending on the risk level of the investor account. Lost trades can be recovered either on the following day or the next opportunity. All our systems are using Stop-Loss and daily possible losses are well controlled.
The system uses multi-entry techniques: which means that it will open two or more operations simultaneously. Our system does not use Hedge or Martingale. This limits exposure and therefore limits the risk of loss in the event of strong movements.
We work with IC Markets, Fusion Markets, Pepperstone and Tickmill Brokers. All of them are regulated brokers.
Transactions are carried out at 24-hour intervals, which means that there is no floating beyond the day or the weekend
Monday to Friday ( The Forex market is closed on weekends )
Founded in 2022 by friends Roman, Albert, and Armen; BitProfit has grown to over 17 employees worldwide who are passionate about connecting and empowering the best pro traders and everyday investors..
Through our collective passion for Forex Trading and Stock Investing, we hope to steward a new paradigm of social investing where the field is level, the rules are fair, and everyone gets the same chance to profit