when you try your strategy in a real account , try to make sure a minimum 35% return from that , otherwise, it just wasting of time. so develop your strategy time to time.
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Best strategy for a new person.
- Thread starter tedmos38
- Start date
after having good MM the result of scalping can be useless , because this is really uncertain.what MM you are following when time to scalp ?
it depends on your money management ,
before live account i always use all my trading strategies in demo to see the performance how it works.
You need to learn how to protect your assets. With a small amount of capital, try to maintain the range of your assets amid randomly distributed performance outcomes. Based on that, you must train yourself to become insensitive to the results of individual trades. Even if you lose hundreds of dollars in seconds, you need to remain unaffected and continue the battle.
For a new trader, consider a swing trading style. It involves holding positions for several days or weeks, capitalizing on price swings. Focus on technical analysis, set clear entry and exit points, and manage risk with stop-loss orders. Start small to build confidence and experience.Any reliable trading style that you would suggest to a new trader?