We are often asked how long a trade will take before it hits the target (Take Profit / TP) set in the trade signal. While we are still working on algorithms to get an exact time expectation for every ...
strategy
Why are you using a demo account?
We use demo accounts to submit a large numbers of high probability signals through the pelican app. We need to supply multiple signals to followers on a daily basis and can’t therefore apply our...
What is Countertrading
We use the term countertrade / counter trading / counter trade to describe a signal in contradiction (opposite direction) to a previously given signal. As we DO NOT use a stop loss (SL) per position w...
Spreading risks
Spreading risk in your account does not guarantee against a loss, but diversification is an important component to help you minimize equity drawdown and reduce systematic and single sided risk. Always...
What is risk management
To minimize the likelihood of a financial loss, each investor needs to have some risk management strategy in place . Trading is about managing probabilities. Using our signals will give you a very hi...
What is money management
Successful trading will by definition have a positive expectation. But what does this mean? It means that in the long run, S1X Financial trading system will make money. It does not mean you will win e...
Basic requirements
You need to have successfully traded your demo account for at least one month You need to have your money management and risk management strategy in place Fully understand how to follow S1X trading si...
Understanding and receiving trading signals
Thru the Pelican Trading App you will be receiving our trading signals. Inside the app join our free or premium S1X Financial mentor group. After receiving a trading signal as shown below you can opt ...
What time commitment do you recommend to benefit from your signal service on Pelican?
For now, each client needs to manually copy trades and adjust contract size based on his/her own risk and money management strategy. Once the PELICAN app enables fully automated copying of trade signa...
How many trades do you average a week/month?
Depending on account size. In average our automated system trades on a monthly basis between 1200 and 1500 positions. Published on Pelican an average of 2 to 5 per day.