How to use Just Markets in Trading Fundamentals
Just Markets is one of the oldest brokers that we have been utilizing in fundamentals trading. The broker has shown consistency but decided along the way to reduce leverage during high-impact news. I worked with the team and found a way to trade with the given conditions. If you dont have a Just Markets account, open one HERE. The following are the points to note when trading with Just Markets
- You must have two trading profiles. They have to be in different names, and each should have its independent way of depositing; either Binance or Mpesa.
- Load each account with some difference. For example, 15usd on account A and 20 usd on account B. [It would seem two different people are picking two directions.]
- Enter the trades 12 minutes to time. For example, if the news is at 4:30pm, open your positions at 4:18pm.
- Use one is to one ration when you are taking positons. for example, if your account is 100 usd, your lot size will be 1 standard lot. however, you need to give room for spreads and high volatility before news. in this case, you can use 0.85 lot size on a 100 usd account.
- ensure you also vary the lot size; for example, if you load 100 usd on account A, you use 0.85 lot size. then you need to load 107 on account b, and use a lot size of 1. this brings the consistency from point number 4
- other case scenarios:
account A 30usd, Lot size 0.27
account B 34usd, lot size 0.29
exit anytime you see your profits. All the best. in case you are not sure about lot size and account balance, you can inbox one hr before news.
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