Hi opened a demo and would like to hear some comments
- Joined Aug 2009 | Status: Reading the TAPE | 2,334 Posts
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DislikedYes, a demo is essential step since it allows you to test your strategy..sure, you can always go ahead and set up a cents account rather than go with the demo..Ignored
DislikedTrading demo only good for learning platform. Hardest part of trading is patience and discipline when real money is on the line. Your mental state will lose your cash not your system.Ignored
DislikedRisky to trade with no stoploss Position size for the 5 trades that you had open at the same time on Friday could have put a high % of your account at risk especially as you held 4 of them over the weekend. Remember that opening gap on JPY pairs a couple of weeks ago?Ignored
DislikedI was trading seven moving averages and trading the slope up or down with keeping an eye on the higher time frame trendIgnored
DislikedYou're welcome and of course, with a nano account, chances are you will pay more attention to the pip movements than otherwise..since real money is involved. Good luck and do post an update later onIgnored