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- What frustrates you the most about trading?
For me when I first started it was the long hours of screen time.
For me when I first started it was the long hours of screen time.
Tough question...it really depends on what you see the easiest. Trading can be very different or some people vs others
What is your method just trading round numbers? Must use multi time frames to structure a trade, what is the trend on time frames telling you. Must have good money managment be like a casino.
Watch your risk to reward ratios! Always try to get min double what your risking.
1. Money management 2. Have a trading plan 3. follow trading plan
Don't reccommend it... something to think about what happens when your holding a position over weekend when price gaps up or down against you? Mentally you will never recover when price goes against you several hundred pips...you will keep adding to ...
To never lose...which is impossible. Until a trader views trading the same way a casino makes money only then will they become successful.
It depends on the amount your risking at a time, yes 5% is possible but if you are risking 5% of your account at a time your not managing your money very well and risk blowing up you account. Example: Two trades with 5% risked at a time both losses ...
Peter, 1. First thing to do is open a micro account you can do that by going to fxsolutions or fxcm broker. 2. Next use good money management never risk more than 1% at any given time, micro account accounts will help you get your feet wet without ...