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General Trading Chat / Ideas

  • #4,161
  • Jul 26, 2019 6:25am Jul 26, 2019 6:25am
Quoting FXCase
hello everyone, looking for some advice. i just started getting into Forex about a month ago, how long would you all recommend i stay on a Demo account for? Also im kinda unsure on what amount of capital i want to start with once i leave the demo account behind. any/ and all suggestions are welcome. thanks in advance.
Lots of people say spending months / years on a demo and test ur strategy / trading skills first. Personally, unless ur trading with real money u will never be able to replicate the emotion and psychology on a demo account. On demos, u can leave losing trades and not care.....leave winning trades coz u wanna see how far they will go, and ur not really worrying about entries etc. Not as easy as that when its ur real money on the line. I went straight in and learnt (and learning!) the hard way (have also used a demo at times). But if u just trade micro lots and use stops on a live account.....u shouldnt burn ur account
  • #4,162
  • Jul 26, 2019 6:34am Jul 26, 2019 6:34am
would you board a jet knowing that the pilot had one day of training
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  • #4,163
  • Jul 26, 2019 6:38am Jul 26, 2019 6:38am
what is the market waiting for or has my mt4 stopped
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  • #4,164
  • Jul 26, 2019 6:42am Jul 26, 2019 6:42am
Quoting Aussi
what is the market waiting for or has my mt4 stopped
Mine has stopped as well lol...it's fucking got stuck I think waiting for the US GDP news
MRMALIK1
  • #4,165
  • Jul 26, 2019 6:43am Jul 26, 2019 6:43am
Quoting mrmalik1
{quote} Mine has stopped as well lol...it's fucking got stuck I think waiting for the US GDP news
yep thats what i thought might call it a day and close it mate
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  • #4,166
  • Jul 26, 2019 7:05am Jul 26, 2019 7:05am
Quoting Jp1
{quote} Lots of people say spending months / years on a demo and test ur strategy / trading skills first. Personally, unless ur trading with real money u will never be able to replicate the emotion and psychology on a demo account. On demos, u can leave losing trades and not care.....leave winning trades coz u wanna see how far they will go, and ur not really worrying about entries etc. Not as easy as that when its ur real money on the line. I went straight in and learnt (and learning!) the hard way (have also used a demo at times). But if u just...
what trading platform do you use for live trades? any suggestions? any i need to stay away from?
"I'm just here so I don't get fined"
  • #4,167
  • Jul 26, 2019 7:18am Jul 26, 2019 7:18am
Quoting FXCase
{quote} what trading platform do you use for live trades? any suggestions? any i need to stay away from?
Im ic markets mate.....says it well regulated in Australia.....hope so!
  • #4,168
  • Jul 26, 2019 7:19am Jul 26, 2019 7:19am
Sleepy but can’t sleep
ex nihilo
  • #4,169
  • Jul 26, 2019 7:34am Jul 26, 2019 7:34am
Tempted to short EURUSD think it may break 1.1100 going to think about it
ex nihilo
  • #4,170
  • Jul 26, 2019 2:01pm Jul 26, 2019 2:01pm
Quoting Aussi
would you board a jet knowing that the pilot had one day of training
only if I was tht pilot ,, improvise ,adapt overcome lol
  • #4,171
  • Jul 26, 2019 2:26pm Jul 26, 2019 2:26pm
It finally did get my stp ,, wouldnt count out new lows yet and if it does get comfortable below then more downside ,,putting up a bit of a fight here but now tails may need filled in ,, good chess match here ,,, ,,took a swing got taken out ,, what ever will be is next weeks problem now ,,, gotta throw a little seed back now and then ,,,, hope all had a great week and a good week end to all
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  • #4,172
  • Jul 26, 2019 3:49pm Jul 26, 2019 3:49pm
Quoting Jp1
{quote} Im ic markets mate.....says it well regulated in Australia.....hope so!
icmarkets is regulated here now but i do not believe its much of any regulation its more to do with money for asic
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  • #4,173
  • Jul 26, 2019 3:57pm Jul 26, 2019 3:57pm
Quoting Aussi
{quote} icmarkets is regulated here now but i do not believe its much of any regulation its more to do with money for asic
Oh great, what does that mean? Should i change broker and move my millions?
  • #4,174
  • Jul 26, 2019 4:10pm Jul 26, 2019 4:10pm
Quoting Jp1
{quote} Oh great, what does that mean? Should i change broker and move my millions?
you should be ok mate , i have been with them before regulation i believe you have more chance to get your money back than if it was reg in Cyprus
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  • #4,175
  • Jul 26, 2019 9:08pm Jul 26, 2019 9:08pm
Hope you all have good weekend
ex nihilo
  • #4,176
  • Jul 28, 2019 8:48am Jul 28, 2019 8:48am
Made no fresh trades this week hopefully next will provide some opportunity's
Turn your wounds into wisdom
  • #4,177
  • Jul 28, 2019 4:52pm Jul 28, 2019 4:52pm
Two scenarios could happen this week. Either it goes up to 1.1235 area or down to 1.1000 area.
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  • #4,178
  • Edited 5:43pm Jul 28, 2019 5:04pm | Edited 5:43pm
it might want to get up so i start here with sells , and if it goes down a win

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no stoploss
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  • #4,179
  • Jul 28, 2019 5:09pm Jul 28, 2019 5:09pm
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  • #4,180
  • Jul 28, 2019 6:00pm Jul 28, 2019 6:00pm
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closed nice little take $57.88 less commission $7.00 $50.88 profit
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