Trading Manual

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How to use PipShip Step-by-Step…

We hope by providing a step-by-step approach, investors will be able to bring our strategy into action more easily. Please be aware of the following…

  • Only by filling in an Absolute Stop of 6% of total equity and by scaling up your lotsratio the first 2 months, you are able to trade with equity account is max 6%.
  • Please use a max lotsratio of 0.3 minilots / $1000. Do not increase your lotsratio any further! Instead of making more profits you will dramatically decrease your probability of trading succesfully! Remember.. ‘Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it’. -Albert Einstein-
  • Please be carefull when using other SP’s in your trading portfolio. Some other strategies maybe look very profitable. I’m not saying this to become a monopolist. Professional SP’s do only trade large company funds (and earning acceptable fees). It’s not in their interest of providing signals to small accounts of retail traders. Be carefull using other SP’s in your trading portfolio!!!

 

Step 1) Create a LIVE account…

Create a Live Account: minimum deposit is $1000,–. (and bank account of $1000,–)

Step 2) Add PipShip to portfolio…

Search for ‘PipShip’. Click ‘follow’. Continue to my account.

Step 3) Lotssize…

1. Set Mode to ‘advanced’. A new tab ‘settings’ will appear.

2. Set ‘auto’ to ‘custom’ setting.

‘custom’: The number of mini lots filled in by hand.
‘automatic’: If a new DD-number of the strategy will be registrated by zulu, the lotssize ratio will be changed. We don’t need this to happen.

Then calculate the amount of lots you need. (0.1 minilots / $1000)

3. Fill in the amount of minilots.
Click ‘save settings’.

 

Step 4) Capital Protection…

Click ‘Zuluguard’.
1. Fill in the amount of dollars / euro’s. (capital protection)

Use the a Capital Protection Value of 6%.

2. Then click ‘close all traders trades’ and ‘dissable trader’.

 

Step 5) When profit is +600 pips…

Now you have to wait about one month.

Make sure bank and effect account is the same after trading one month (by transfer).

When profit is +600 pips → scale up the amount of lots towards 0.2 / $1000.

Please note down the amount of pips in profit! For example you visited the account when the gained profit was +624 pips. Note down +624 pips.

 

Correct the Capital Protection Value to 12%.

The system hitted the Abs Stop? Start over?

 

Step 6) When profit is +1200 pips…

Now you have to wait again about one month. When profit is above +1224 pips (+624 pips profit when changing the lotsratio the previous time) → scale up the amount of lots again towards 0.3 / $1000.

Make sure the bank account equals the effect account after trading one month (by transfer).

Correct the Capital Protection Value:

Equity x 0.2 = 20% risk

The system hitted the Abs Stop? Start over?

 

Step 7) Each month:

Correct the lotssize: 0.3 mini lots / $1000.

Make sure value bank account = effect account (by transfer).

Correct the Capital Protection Value: Equity x 0.2 = 20% risk

Do not increase the lotssize ratio above 0.3 / $1000!

The system hitted the Abs Stop? (maybe once every two years)
You will have enough buffer to start over again, scaling up the lotssize ratio in 2 months, then making 10% each month again.