Mimin, who has successfully withdrawn profits from the $100 bonus capital from fbs, please share your successful steps so that I can also successfully withdraw. Thank you
2 Answer
E
erik tri cahyo
18 Sep 2020, 11:01
To Jelijeli,
Basically, trading conditions in a bonus account are the same as trading in a real account. The key to successful trading is, of course, based on the trading strategy and money management used. Therefore, if you want to profit from trading (both bonus and real accounts), you must have a trading strategy that has been thoroughly tested for accuracy.
I personally once managed to withdraw profits in the 123 bonus account from broker FBS (unfortunately, the 123 bonus program is no longer available). I traded as usual, and I treated the bonus account just like a real trading account. So I was able to be truly disciplined in applying my trading strategy to the bonus account.
However, because the bonus account has several terms and conditions that require me to trade a certain number of lots during the bonus account period, it makes the trading atmosphere in the bonus account a bit burdensome, so I ignored the application of money management in the bonus account. The goal is to get the trading volume (number of lots) met first.
Hopefully this helps.
J
Jelijeli
23 Sep 2020, 12:03
Thank you for the enlightenment, min, it motivates me to trade xixixi.... But yeah, the lot size requirements are sometimes really big and have to be met.