I'm going to change my daily focus to an experiment. It will likely fail. It is an attempt to use PJ charts to trade a very small account (50$ starting equity) that is restricted to 200:1 leverage with a broker that has sizable commissions, spreads and a minimum 0.1 trade lot size. The exception to this is Bitcoin which has a huge spread but can trade 0.01 (mini) lots.
Entries will need to be nearly perfect and the first few trades will need to be babysat (watched carefully and closed intraday, which is not my preferred style).
If I can recover this account to starting equity (3750 or thereabout) it will close a chapter on my early, clueless, painful (random) trading. And I'll have another account with which to make live experiments.
And If I can't - oh well.
https://www.forexfactory.com/showthread.php?t=941191
Entries will need to be nearly perfect and the first few trades will need to be babysat (watched carefully and closed intraday, which is not my preferred style).
If I can recover this account to starting equity (3750 or thereabout) it will close a chapter on my early, clueless, painful (random) trading. And I'll have another account with which to make live experiments.
And If I can't - oh well.
https://www.forexfactory.com/showthread.php?t=941191