Im new to this site, trading a demo account 2 weeks. Dont plan on investing anything until I can turn a profit monthly for 6 months. I have 10K in the demo account, but I am only working of 1K( to include margin) as this will be my initial investment. Breaking even at the moment, my major loss was down to not using stop losses.
Don’t worry, I’m sure you’re not the first trader to not use stop losses. Good thing you’ve learned your lesson early on though! Also, thumbs up on your risk management strategy! I like how specific you are with your initial investment and time frame target. Looking forward to hearing more about your trading progress.
