House Rules

​The Rules

1. This Is Not A Get Rich Quick Scheme. Rome wasn’t built in a day. We all know that high win rates and successful systems create dreams, wants, and desires. It's all obtainable in due time with a discipline and a common sense approach. It’s important to never forget that this is NOT a get rich quick scheme. Financial growth takes time and discipline. Excelsius has the ability to take you to where you want to go. Patience is a virtue. 

2. Don’t Bet It All On One Trade. This is as literal as we can say it. We have no sympathy for those who gamble. Excelsius is built to succeed with a systematic and disciplined execution. Trading is not gambling. If you want to gamble, go to the casino.  

3. Use Proper Money Management. Trading is a game of probability. You’re going to win some, you’re going to lose some. Accept it. Without proper money management, you are bound to lose. Below are some MUST FOLLOW rules in order to be successful: 

   • Only trade money you can afford to risk​

   • Always use a take profit & stop loss

   • Know your risk tolerance

   • Keep your risk consistent

   • Understand and control your leverage

   • Adjust your stop loss as the trade develops

   • Cut your losers and let your winners run

   • Leave the emotions at home.
     How Do You Apply Risk Management? Successful traders and investors commonly quote the phrase: "Plan the trade and trade the plan." We suggest never allocating more than 1% of your capital of your trading account into a single trade. Set stop loss and take profit points to combat fear and greed. We recommend using a risk calculator in order to ensure you have properly calculated your risk for each trade. If you do not have a risk calculator, we recommend using this one: myfxbook.com/forex-calculators/position-size . In addition, best practice videos on how to properly calculate your risk are available at the resource center. 

4. Have A Marathon Mindset Not A Sprinters. This is a journey, not a short trip. Enjoy the journey. Trading and investing has ups and downs. Don’t get too caught up in the moment. Focus on the process. 

5. Ask Questions. You don’t know what you don’t know. The worst questions are the ones that aren’t asked. We can’t help you if we don’t know what type of help you need. This is a long term relationship. We encourage you to reach out as much as you need in order to achieve and maintain the highest level of success. You can contact us through our live chat on the site or via email at info@pinksand.co.

6. Be Disciplined. “Talent without discipline is like an octopus on roller skates. There's plenty of movement, but you never know if it's going to be forward, backwards, or sideways.”-H. Jackson Brown, Jr. Discipline is what separates the good from the great, the best from the goats. The more disciplined you are, the better chance you have. 

7. Create goals ​. A dream without a plan is just a dream. Do the necessary prep work required before going into battle. Backtest your strategy. Record the data. Conclude the statistics. Plan the goals and trade towards your goals. The more data you acquire, the quicker your goals will be realized. Rinse and repeat.