This is a very small account. Im sure some will come on here and say its easy when you are trading peanuts. However the money isn’t the main goal its growth every week.
This is a live account.
Just to make this point so that the trolls won’t be all over this, this isn’t my main account. Judge for yourself though.
I don’t actually had them for a longtime but just have a basic phone now.
Probably won’t be any real reasons for trades just gonna try and build the account.
As far as Roar goes or whatever his name is. Taking the account to 500 dollars from 163 would be awesome. Thanks for the confidence that it can get there.
Out of interest. Whats going to be your strat? Scalping, swing, momentum, breakout? And time frame your going to use? Percent of balance trade size? Percent of balance stop? RR, 1:1, 1:2, 1:3? Nothing I’ve asked will reveal your ‘Holy Grail’ but will speak volumes as to your likely success. Thanks in advance.
I will do both swing trading and short term trading.
Longer term trades I will use 1 micro lot with stop losses of 80-100 Targets on longer term trades are always 200 or more. When im up 50 on longer term trades I always set stops to even. All long term trades are based on four hour and daily charts.
Short term trading I will trade 3-5 micro mini lots. Stop losses will be 25-30 pips. I will take some profit at +25 put stops at be and let the rest run.
New trade just execute EJ Buy 130.53 I think was entry. This is the short term method so im looking for 25 pips take some profit and put stops to be. Then let the rest of the position run.
I actually cant do that though cause I only took one micro on it.