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What does vp from no nonsense forex make annual return?

As someone who is interested in trading, you may have come across the term “VP” from No Nonsense Forex. VP, or “Vegas Tunnel Trading,” is a popular trading strategy that has gained a following in the forex trading community. The creator of this strategy, known as VP, claims to have made an impressive annual return using this particular approach. In this article, we will delve deeper into what this VP from No Nonsense Forex makes as an annual return and what factors contribute to his success.

Firstly, it is essential to understand the background of the VP from No Nonsense Forex. VP is a former professional poker player who transitioned to forex trading in 2015. He started trading with a $10,000 account and managed to turn it into a $100,000 account within four years. The VP’s success in forex trading has been attributed to his unique approach to trading, which he shares on his website, No Nonsense Forex.

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The VP’s trading strategy is based on the “Vegas Tunnel” concept, which involves using multiple indicators to identify the direction of the trend and determine entry and exit points. The VP advocates the use of a specific set of indicators, including the ATR (Average True Range), the Stochastic, and the Heiken Ashi, among others. He believes that by using these indicators, traders can identify high-probability trading opportunities and avoid false signals.

The VP from No Nonsense Forex claims to make an average annual return of 30% using this approach. This figure is impressive considering that the average annual return for the S&P 500, a benchmark for the stock market, is around 10%. However, it is important to note that the VP’s returns are not guaranteed, and they may vary depending on market conditions and other factors.

One factor that contributes to the VP’s success is his discipline and risk management. The VP emphasizes the importance of following a strict set of rules and guidelines when trading. He advises traders to use a fixed percentage of their trading account for each trade and to limit their losses by using stop-loss orders. This approach helps to minimize the risk of significant losses and ensures that traders can continue to trade even after a few losing trades.

Another factor that contributes to the VP’s success is his focus on the long-term. The VP believes that forex trading is a marathon, not a sprint, and that traders should focus on making consistent profits over the long-term. This approach contrasts with the short-term mindset of many traders who are looking for quick profits and often end up losing more than they gain.

In conclusion, the VP from No Nonsense Forex has achieved impressive results using his unique trading strategy. His approach to forex trading is based on discipline, risk management, and a focus on the long-term. While his annual returns are not guaranteed, the VP’s success is a testament to the effectiveness of his approach. As with any trading strategy, it is important to do your research, test the strategy thoroughly, and develop your own approach that suits your trading style and personality.

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