You need to learn how levelage works in Forex markets. That would be the starting point, i would compound from that point on up until a certain level. I'd trade maybe 5 pairs and don't forget that you'll have multiple 3/6 trades that will fire on the same day for each pair. I trade about .75...
That's hard to answer. I trade Forex not options so i have huge leverage 50/1 but I'd only use about 20/1 of it. Starting out small with 0.06 lots, 40/60 pips per trade and around 350 trades a year per fx pair. It depends on the market really. I'd also compound future orders.
You need to stop being so focused on making quick money and take the time to learn. No one here is going to spoon feed you for free. We will point you in the right direction and I'll even help build you a bot if you can achieve a profitable paper trading strategy.
Exactly! That's why you automate. Unless you're a 40 year vet and you have some serious skin in the game, you're not going to respect the discipline it takes to make it. I have that problem too. I can't manually trade so i let a machine do it for me.
If you create a strategy that I feel is worth automating, I'll help with the build. You have to work for it buddy. I'll give advice but I will not expose my system or it's inner workings.
I've spent countless hours creating my own holy grail. Do you really think I would just expose my trade secrets on a public forum just because you asked? I'd have to trust you and I don't know you at all.
You guys start poking the beast, I react to getting poked. I'm not getting cocky, I just know that my system can withstand any market condition, even the elections. Actually, I plan on doubling my account using that volatility. I invite it!
Another tip for the pot. Blaze your own trail! Don't let someone tell you that something isn't going to work. This type of thinking is one of the reasons why most traders fail. They limit themselves with pointless fear based thinking.