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 youāve lost $700 is because you donāt know how to trade and are relying on indicators to tell you everything.
Iām not trying to be harshā¦ As a new trader itās perfectly normal that you donāt know how to trade. Whatās abnormal is that you are trading real money and not demoing.
There is no āmagic numberā 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.