That Hogwash is working out fine for me thank you very much :)
The specifics will cost you to learn.
You can pay a mentor like myself or you can pay through years of trial and error.
I will give you the Holy Grail right now:
1. Cut your losses fast and let your winners run.
2. If the market is going up Buy. If the market is going down Sell.
3. Your brain and your decisions are the most important tool you have as a trader so spend lots of time working on yourself and...
The ONLY way to learn to trade is by having a Mentor !!!
It's the way its been done on Wall Street for decades.
My recent student is now ready to go live after 6 months of paper trading.
I'm going to start this journal as a record of my progress.
I've been in the business of trading along time (15 yrs).
I've traded options, futures, commodities and spent alot of my time as a prop trader with stocks.
At 47 and burnt out after a divorce I took a year off trading and did...
To win at Poker = To make more money on your better hands then your villain does and to loss less money on the worst hands then your villain does.
To win at Trading = To make more money on your winning trades then the average other trader does and to loss less money on your losing trades then...
You can call me Bob so long as I can call you Tom. Deal ?
As far as the 5 grand goes I have so much faith in your abilities le't just make it a cool 10k but You have to scalp the GBP long all week deal?
I just sent Jackflash $5000 for his imaginary trading course to make my imaginary money.
I suggest you guys all do the same immediately.
:p
Jack I like your style :D
I'm not sure what to make of the whole demo thingy yet but I'm pretty sure if this where a spam thread then you would...