Have just finished the School of Pipsology.
Enjoyed it and quite informative. Still so much I feel I have little to no idea about
Have just opened a demo account and using MT4, although haven’t made a trade yet. Quite a lot to navigate and familiarise myself with the platform.
Have invested in the Stockmarket this past year and am a little up, still learning and would say I’m at quite a beginner level of knowledge. Learning quite a lot.
Goal would be to trade forex full-time.
Any advice on what to do next? read thru the forums?
I hope to use the next month or so to fine tune my trading plan and journal
Oooh! You already have a demo account. That’s great. Do you also have a strategy or system you’re looking to follow for now? I would just suggest to read the school here maybe for like a “refresh” of your trading concepts. Good luuuck!
Hey that is quite impressive. I think few people have finished the courses so good to see another one.
Yes, ideally, the best thing to do is constantly practice on demo account and find the way how you can add in the risk management or money management (basically minimizing losses and maximizing profits)
Just make sure you got the trading plan sorted and ready to go before going with live account.
I will trial something similar to Cowabunga’s system. On my demo account.
using the EMA’s, Stoch, MACD, and RSI indicators. See how it goes and alter if required
Any tips on what currency pair to trial? use a few? being an Aussie I was going to start with AUD/USD and maybe a few of the other majors.
Also any recommendations on where to extra educate myself going forward? Or what others have found beneficial?
You already have a demo account. That’s great.