I have 5 nieces and nephews in total, under 18. And they are good at mobile games. I taught them how to trade and in the first week, 1 beat me by 20%, the other was below me by 10% i only got 20% increase based on our game rules. The other 3 didnt participate.
Now that they know I'll reward them weekly for good trading practice, the second week may be different.
Still, the methodology they employ is simply this.
In the opening of range. 1. They measure the 1 hour range. 2. If something goes up or down, they buy or sell. 3. They use the range as the sl and tp. Then they profited. Thats it no stop loss change no buy stop or limit orders. Just market orders.
Will see the update next week.
Now that they know I'll reward them weekly for good trading practice, the second week may be different.
Still, the methodology they employ is simply this.
In the opening of range. 1. They measure the 1 hour range. 2. If something goes up or down, they buy or sell. 3. They use the range as the sl and tp. Then they profited. Thats it no stop loss change no buy stop or limit orders. Just market orders.
Will see the update next week.
Trading is gambling. So gamble responsibly.
thanks.