Method 311 Forex is a manual Forex trading system by Donna Forex.
Donna Forex needs no introduction, she’s one of the most respected experts in the Forex world. She’s known for her great support and no-nonsense teaching.
Method 311 is a manual trading strategy designed for the Metatrader trading platform. Metatrader is a program used by many currency trading brokers and Method 311 can be installed to work inside of Metatrader (info is included in the trading manual!). You can get demo accounts from many brokers to try out new strategies and practice (and I strongly recommend this, with ANY system, no matter how good it looks!)
It has been created by Donna Forex and her good friends and trading partners. Donna has a reputation for the best level of support in the industry and this level of support will absolutely apply to Method 311 too. Donna has two years direct experience in forex support, and has a true passion for trading and all things trading related for over 10 years now.
==> Visit Method 311 Forex Official Website
As such, Method 311 Forex is not hyped up like most other Forex products and you can tell that from the sales page which has no BS and only the facts about the system.
Method 311 Forex is a system designed for MetaTrader platform and is a strategy selected by Donna based on the feedback from her clients. It is designed to be quick and simple to learn and enable a quick enough trading (but it’s not a scalper).
many new forex traders find it difficult to calculate the exact position of the stop loss and the take profit targets when entering into a trade. Method 311 is a simple manual forex trading system that makes it easy for you by calculating the exact stop loss and the take profit positions. Stop loss order is something very important in risk management. You don’t need to worry anymore where to put the stop loss with this Method 311 System.
Risk Management is very important for traders. As a forex trader the first thing that you need to do in any trade is risk management. After you have managed the risk in the trade, you can think of take profit. Many inexperienced traders think of profits first and managing risk later. Method 311 System helps you manage the risk in an easy manner.
You just need to enter the level of risk that you are comfortable with in the Method 311 System and it will calculate the lot size that you need to enter into a trade. By default this system uses a low risk setting so that as a new trader you don’t take too much risk. However, you can change the default settings.
Now, Method 311 Forex System requires you to enter two trades when the trading signal is generated by it. The system will tell you where to put the stop loss. Stop loss is where the trade will close if it doesn’t go well. The system also tells you where to enter the the take profit target. Take profit is how much profit you will make if the trade works as expected.
Finally, Method 311 System requires you to enter a trailing stop. A trailing stop will trail the price action and will immediately take you out of the trade if the price action reverses itself. Trailing stop helps you to lock in the profits once the initial move in the price action has gone in the direction of the trade. Once, you have entered the stop loss orders and the take profit orders plus entered the trailing stops, everything is set for you. You have nothing to do now. The trades will either hit the stop loss or the take profit.
Method 311 Forex produces signals which give you a stop loss and take profit, and a trailing stop loss. It makes trading simple and also has the steps explained in the manual.
The system requires you to enter TWO trades when a signal is produced. You must then set a stop-loss (this is where a trade exits if it goes wrong) and a take profit (where to get out when the trade works!). Finally, you need to set something known as a ‘trailing stoploss’ which is simply a stop loss which moves along with your trade once it is in profit, ‘locking in’ more profit as it goes along. You don’t need to worry about all of this though, it is fully explained in the manual and very easy to set up.
Once you have entered and edited your two trades you are free to walk away from the computer, no ‘trade-watching’ is required. The trades will close at the right time, either at a loss or a profit.
==> Visit Method 311 Forex Official Website