Hi. All. I don't want to post a lot in various topics. But it should be good for other newbies too.
My problems.
1. Indicators. I looked on history that works, that not. I chosen that works. But indicators ,,repair'' themselfes, so they really are not accurate. About 80 percent trades when goes wrong when trading short term 1m-5m. Should I reverse indicator meanings? ( all explanation in books about indicators often are false or opposite 100 percent)
2.Long investing. I try after few bad trades to move stop loss to break even and try to catch very long move. Very rare it happens.
3. What should leverage I use? I used to 1:200, but my max drawdown is always 0,5 percent. It gives me 40 pips bad move posiibility.
4. When there are no news, I try to find channels between support resistance and try to catch move. How I should put stop loss and take profit?
My problems.
1. Indicators. I looked on history that works, that not. I chosen that works. But indicators ,,repair'' themselfes, so they really are not accurate. About 80 percent trades when goes wrong when trading short term 1m-5m. Should I reverse indicator meanings? ( all explanation in books about indicators often are false or opposite 100 percent)
2.Long investing. I try after few bad trades to move stop loss to break even and try to catch very long move. Very rare it happens.
3. What should leverage I use? I used to 1:200, but my max drawdown is always 0,5 percent. It gives me 40 pips bad move posiibility.
4. When there are no news, I try to find channels between support resistance and try to catch move. How I should put stop loss and take profit?