The fact is one cannot create trades but can only react to trades. So, it's unnecessary to set such targets, that too, daily. By time, people evolve & gradually they accept the fact that what matters is whether you can react when the oppurtunity ...

I appreciate if you first read properly what I wrote before bothering to reply. There I was talking about skilled traders, & beginners trying to imitate that.

Highly skilled traders use mental stoplosses, & the beginners imitate that by no stoplosses

I don't want to mention a specific one here, but there are some EA builder applications available online, with which you can build an EA with a few clicks. Do a Google search.

When I started, opened the mt4 of my broker. this was how my chart was looking- the second image,,,you won't believe I traded with small real money too. Then , gradually I evolved to this -- first image. Look how different it is looking now with ...

By saying that he meant the same, now he doesn't set a stop loss. There is no point in setting a stop loss as big as 500 pips. I think stop loss is good if & only if it is placed in such an area where if it is hit, the market should continue in that ...

The best option would be to try to build a strategy yourself or search online if someone is offering some strategy for free, if you find one, then Backtest it on historic data, then forward test it on a demo account or on a small real account, for ...

In the beginning of this thread, someone was saying trading is a zero-sum game & there must be someone on the other side to lose if someone has to win. My question is, are all the market participants Speculators (retail traders) only? I've heard ...

Emotions are what make us humans. It is part of us & what we should be trying to do is how to make our trading strategy as mechanical as possible. If your strategy requires you to enter a trade only after 3 conditions are met, then tell yourself ...

If he is risking 2% on his 800, then he is Trading but, if he is risking 2% on that 4000, then he'll be Gambling

What I've to talk about is about a trade, but I got a script which would calculate the lot I've to use if I input stop loss in pips & my risk %. It was going well until I traded gold in my real account. I entered into the trade with the lot ...

Years ago when I started trading, I didn't have a job. Desperate for money to pay the bills & meet my basic expenses, I was making plenty of emotional mistakes while trading with borrowed money. As we all know Emotional Discipline is extremely ...

In my opinion, it is better to learn trading with a small Real money account. I've done that & it works great. If u have practiced with demo account, & then on a real account if u've lost , there is a high chance of your emotions starting kicking in ...