the road to profitability

G

gpudi

hi every one i have just started to learn about trading, specifically currencies. I am sixteen years old so i have a considerable amount of time before i will have enough money to trade live. Hopefully my trading on simulators will prepare me as much as i can for the real thing. I realize that trading a live account can be a big difference than a simulator but it will have to settle for now. I mostly trade in the Eur/usd pair. I trade off of the 30 minute candles and use fibonacci retracement patterns to enter my trades. I usually will look fora a large move ina direction draw the fibonacci line and trade off of resistant and supports(usually looking for small moves on all levels. I tend to use a risk reward ratio 1.5-1- 2-1. I realize that i should try to look for trades with higher risk/reward but am having diffuculties finding these trades. I usual trade in 1euro per pt and want to keep this size to keep my simulated trading as realistic as possible. I wil try to begin posting most of my trades. I am doing this so i can get helpful criticism to improve me as a trader. i am willing to consider all advice and really need some guidance from fellow traders because i dont personally know any. Please comment on my strategy and my trades(when i begin posting them
Thanks
 
copper
entry 357.20
got stopped out 356.02

i was was trying to go long at a resitance level that was previously broken through easilyas it turned into support. My stop loss showed me i was wrong

i just went long at support at 353.58
take profit 355.14
stop loss 352.09

cmcs simulator stops working alot!!!!
 
got stopped out on that copper trade. at least i had moved it to break even. I am learning about stochastics and hope to implement it into my trading( any tips?)
 

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i got stopped out on that copper trade. at least i moved my stoploss to break even. i am learning about stochastics and want to implement it into my trading. i feel as though my trading style needs enhancement( any tips)
 
got stopped out. at least i moved my stop los up to break even. I have been learning about stochastics and am trying to implement it into my trading ( any tips?)
 
Quote from gpudi:

got stopped out on that copper trade. at least i had moved it to break even. I am learning about stochastics and hope to implement it into my trading( any tips?)
More...
this imag eisnt me by the way i just googled currency trader:p
 
just made some money picking up euros under 1.3000000 and selling them when they cross over. had about 5 good trades with that
 
just made a pretty good trade in catlle making me about 20 bucks on a lot. THis was great until i found out the market closed. I didnt know feeder cattle market was only open 4 hours. i hope i can get the price at the open tommorow. Blraaaagh rookie mistake
 
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