If you copy other people's trades you are going to get burnt! - Do it as long as you understand the reasoning behind placing a trade - perhaps as a double confirmation.
If you can't sleep at night then you are most likely over-leveraged and one crazy trader. Don't do it!@
If you sit in front of your PC all day long - you are going to lose money unless you are totally weird, fat and eat chips all day- as your most likely going to get bored and start placing all sorts of crazy trades. Institutional traders do this because they are actually asked to place trades - YOU actually have a choice - so don't feel you have to trade 9am- 5pm. In fact, few selected hours a day is all is required i.e. 6:30am until 8:30am (UK time).
Close you EA before big news events!
If you don't spend couple of hours before market open to analyse the markets - Do not trade at all! Why bother when you haven't done any homework.
Don't leave your EA running while your on a holiday - really bad idea.
If you can't sleep at night then you are most likely over-leveraged and one crazy trader. Don't do it!@
If you sit in front of your PC all day long - you are going to lose money unless you are totally weird, fat and eat chips all day- as your most likely going to get bored and start placing all sorts of crazy trades. Institutional traders do this because they are actually asked to place trades - YOU actually have a choice - so don't feel you have to trade 9am- 5pm. In fact, few selected hours a day is all is required i.e. 6:30am until 8:30am (UK time).
Close you EA before big news events!
If you don't spend couple of hours before market open to analyse the markets - Do not trade at all! Why bother when you haven't done any homework.
Don't leave your EA running while your on a holiday - really bad idea.
samaralala
I have to remember 12/4/2016. Moon, stars and all the ducks did align. Thank you Aisha my dear friend. May you rest in piece. God bless.
samaralala
Well, My first 50K made from 1K account happened last week. That is great news. I am taking out 40K and starting with 10K this week.
samaralala
Brent crude: rocket trade too scary for me @4 hrs. However , last week closed at monthly Jan support 49.92. It is very possible to see it back at 55-59 before continuation of the downtrend...
samaralala
Skeptical about going Long EURO, a continuation of the downtrend? No good trades for me here yet... If I did anything then
Short EUR/USD TPP(take profit partial) 1.1100 SL 1.211
Short EUR/USD TPP(take profit partial) 1.1100 SL 1.211
samaralala
QE is in a green light. A possibility of parity b/w EURO and USD $! Careful LONG...nonetheless :-)
samaralala
EUR/USD : Breakout detected
Long from 1.24040 to 1.2470 . Then Load more sells maybe?
Long from 1.24040 to 1.2470 . Then Load more sells maybe?
· 1
samaralala
Well, My first 10K made from 1K account happened today. Good for me, it was an emotional ride...Took over 6 months to get to this point.
· 12
Yohana Parmi
2014.10.25
900% within 6 months? that's more than a worthy, that's very well and excellent,
that was not any mistake for your emotional :-D
congrats
that was not any mistake for your emotional :-D
congrats
samaralala
2014.11.11
Thanks Ladies, I found that fixed SL no matter what really made the difference for me personally. Last year I was ridding looses like a nut case and this year it just clicked during one of my experimental trades. I started to apply 10 pip kill trade rule and trade within channels. Anyway only time will tell...I am not using any indicators except MA and price action principles. I trade on what I see @ present and no bias.
samaralala
I am newbie trader/developer. Willing to learn and follow anything.
My goal is to become >=80% accurate on identifying turns before the end of 2014.
My goal is to become >=80% accurate on identifying turns before the end of 2014.
Jose Filho
2014.11.19
I am too newbye but I want to learnig how you made 10 from 1. Congratulationion, Real account?