Before you even consider going live. First try to be consistent in simulator trading. At least a few months. Reading all those books won't do you half as much good as just staring at the market day in and day out. Dump the indicators. All you need is price and volume. You will most likely lose...
Well I only have access to an QQQQ daily chart with ninja trader. I want to use that daily chart to see TL's and S/R for the NQ. So there is no real formula that is used to calculate QQQQ from NQ?
Hello,
I was wondering if there is some sort of conversion between QQQQ and NQ.
I have a QQQQ chart and want to convert the numbers to use to trade NQ.
Thanks,
YoungOne
Consider some other brokerage those guys at GFT rip you off when it comes to spreads. Check out ECN fx brokers: mbtrading, ib, hotspot, etc. Best of luck.
Nice job today! Like kid said, stick with catching the big moves. Once you get better you can scalp but work on having big wins (10-15pts) and a bunch of small losers (2-3 pts).