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Yes, at 70 and 50%

@Evrardmakon As of now I’m focusing on EURUSD. I’m just trading 4 hours and the daily charts. Even though there are only 5 daily candles and 30 4-hours candles per week, I’m happy to go this way and see how the setup comes.

Well, that is everyone’s personal point of view. I don’t think there is any harm in practising on a demo account and getting acquainted with the platform. I have a habit of testing strategies on my demo accounts (fxview, ICM, XTB) so that I can get an idea about how my strategy will work on the...

I completely agree with you. Newbies don’t need to risk money when they can practice trading on a demo account without having to risk their money. It is the best way of putting your knowledge to the test and seeing where you stand.

I am indeed reworking on all the aspects on my demo account now

I am overwhelmed with the response I have been getting. I am sure that all my doubts will get cleared in the particular thread only.

It is simple and complex at the same time if you think about it. One minor decision in one part of the world creates a ripple effect that can change everything. I always equate trading to the butterfly effect.

I don’t know if I am the only unaware one out here, but there are actual courses pertaining to trading psychology. Now I don’t know how much of a hogwash that is.

I know, that would be ideal right?! But I think I have had a more careless attitude in the past for which I obviously paid the price. Now I’m making up for it by being extra cautious and constantly being alert.

Trading against the trend? I wouldn’t even dream of it for a long time now!

Hey there! I’m the unfortunate one with margin calls

I am still debating with myself which is better - using indicators or not!

Wow that’s a refreshing kind of advice there :) It’s like self introspection that is needed for literally everything, but who thought for number-crunching trading too

Here I am now, not gone anywhere and ready to put in as much time and effort it would take for me to become a successful trader, just expecting guidance from professional traders, I will soon be posting my charts and would really appreciate feedback.

I am actually on a break now, going to spend a lot of time on demo and expect help from all the expert traders out here in analysing my charts if possible, tia

Precisely what I am trying to do now, thanks

I get it, I am completely revamping my trading plan now, obviously what I was doing isn’t working out the desired way. I am not going to be very ambitious with my tp now. Practicing now on demo where I have reduced the gap between my stop loss and take profit. Not risking more than 1% now.

Like most traders I obviously feared getting a margin call but now thinking if it is a warning call for the better, so we get the sign that it’s either time to strategize or rethink risk management.

Is it not? I have been demo trading since a few weeks on fxview and they offer different leverage for different assets. Like it’s more for major currency pairs. I am in the process of finalising between xtb and pepperstone too, leverage is one of the deciding factors.

I have used Tradingview with Oanda and I really like the customisable charts and the 25 indicators per chart option which I find pretty useful. Tradingview has some really smart drawing tools, charts and indicators, but you can explore some other good options too. I’ve also been using Acttrader...