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
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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
Jose Filho
2014.11.19
I am too newbye but I want to learnig how you made 10 from 1. Congratulationion, Real account?