Hi,
I am really new to forex and already lost about $700 up to now,:mad:
I realized that because my trading tools settings are not okay. Can any body help me?
I m using software from the forex . com,and use 10min 1 hour charts
I want to know the chart values that will work for 10 min daytrading set up.
Your indicator settings are not the problem. The real reason you’ve lost $700 is because you don’t know how to trade and are relying on indicators to tell you everything.
I’m not trying to be harsh… As a new trader it’s perfectly normal that you don’t know how to trade. What’s abnormal is that you are trading real money and not demoing.
There is no “magic number” that you can plug into an indicator that will make you a successful trader. You need to stop trading real money, go through the Babypips School a few times, and then restart on a demo account.