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Yeah it is also important to make sure that impact from your losses is manageable, i.e. you won't fall into trap of emotions due to the size of unexpected loss.

Yeah they even compensate fees of wire transfer up to 100 USD, same at Hotforex

You can safely ignore one or two casual losses in trading however it is important to pay attention to winning ratio, max drawdown and other characteristics of your performance to decide whether you should continue with your current trading system or it makes sense to discard it.

They have to train their algorithms to spot CP first. Guess what will they use as training material?

Generally the higher timeframe the more reliable are technical patterns including signals from technical indicators. The downside of this that holding time can increase significantly since margin of error is high when you trading on high timeframes.

It's free at Hotforex if you have deposited over 500 USD. It is really great pattern finder you should try it :)

I like their scam alerts section I see that brokers come there and try to deal with claims of traders who lost and seek for public resolution of the case.

I spent three months on demo before moving to live trading, I should say demo trading helped me a lot especially backtesting feature.

Yeah the rule of thumb is to keep variance of your returns as low as possible while pursuing your profit targets. I stop trading when daily loss reaches 5%

binance or you can choose fx broker like Hotforex which is regulated and offers better safety for your funds. FX brokers have higher spreads though and lack order book which can be essential for some trading strategy.

Yeah the path is thorny and fraught with losses, the goal is to minimise amount of money paid for the valuable lessons.

with 10K they will chase just another targets the rule of thumb is just to play with money you can afford so you will get a kind of paid trading lessons.

This is definitely not the way how you get a trading job. You have to offer something in exchange to your employer to expect him to hire you. Hiring total newbies just doesn't make sense most probably its just yet another way to extract money from your either from selling you an education course...

Make sure that speed of execution is below 100-200 ms if you want to use scalping systems.

I also use autochartist offered free of charge by Hotforex very powerful software for pattern recognition, saves lots of time

Looks like you underestimate impact of capital constraints on trading. You have to be more cautious and make sure you cut the loss on live account however it comes at the expense of worsening winning ratio, as you have less cushion to withstand negative trades. Also if you traded a lot on live...

based on 10Y yield movements markets started to price in growth deceleration in May, QT will be probably delayed and this should support equities soon.

There is nothing to debate about if we assume that price series is not stationary process which has no memory, we can find patterns in random walks however if underlying process is random our wins that support our trading system is just a random streak that may soon change to a losing row of...

Yeah for example Hotforex demo contest with decent prize pool, however competition is fierce

Cut at least part of the loss to limit current drawdown to 10% so you can withstand deeper adverse move and hope for a major reversal