Hello community, I’m new in trading been learning for three months now, been trading demo with tradeview with pepperstone, the only thing remaining is analyzing the market know how and when to place a trade.
thanks guys.
Hi, you have to familiar with different types of strategies, check the BP education section as a start. Regards Greg
Well done by the way for getting a demo account and using it in the first place - many new traders don’t even do that. And it’s free!
But you’ve been looking at charts with what might be called a “fresh eye” for 3 months so what you have observed could be useful to other new traders. What have you seen that price normally does in different circumstances? Maybe you saw price do something similar again and again on different days? Maybe you saw price sometimes doing the same thing at the same time of day?
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Only your trading strategy can give you a signal to place a trade. But do not forget that any trade can be wrong, so it is better to trade with stop losses, thus limiting your possible losses.