Hi,
I really don't know if I am in the right section for this but I can't post in Interactive Trading due to membership requirements.
Anyways I want to start a trading group which is following one daytrade strategy and one momentum strategy which I believe it can be profitable.
I know that this idea of a trading group has already been made (and failed) by many others but I give it a try!
It should be a group of 5 or 6 people using some kind of chat software and screening together the market.
These two strategies are aiming for a 2:1 RR and following the trend. The great advantage of group trading is that the propability of missing a signal is decreasing. We can push each others discipline!
The requirements you have to fulfill are a basic understanding of the market. Trends (higher lows higher highs...), Money Management, Forex experience have to be the basics. We would start with demo accounts and test together the strategies with the goal to go live in the foreseeable future!
The trading times will be Frankfurt open to London close.
I think that it would be very valuable for everyone to trade together and to be on the same skill level!
So if you are able to trade intraday and if you are interested in this whole thing, I am looking forward to see some comments here and maybe we will be able to succeed in the forex market!
So far
I really don't know if I am in the right section for this but I can't post in Interactive Trading due to membership requirements.
Anyways I want to start a trading group which is following one daytrade strategy and one momentum strategy which I believe it can be profitable.
I know that this idea of a trading group has already been made (and failed) by many others but I give it a try!
It should be a group of 5 or 6 people using some kind of chat software and screening together the market.
These two strategies are aiming for a 2:1 RR and following the trend. The great advantage of group trading is that the propability of missing a signal is decreasing. We can push each others discipline!
The requirements you have to fulfill are a basic understanding of the market. Trends (higher lows higher highs...), Money Management, Forex experience have to be the basics. We would start with demo accounts and test together the strategies with the goal to go live in the foreseeable future!
The trading times will be Frankfurt open to London close.
I think that it would be very valuable for everyone to trade together and to be on the same skill level!
So if you are able to trade intraday and if you are interested in this whole thing, I am looking forward to see some comments here and maybe we will be able to succeed in the forex market!
So far