Demo until you’ve saved enough, then demo another 3 months. Then live trade once or twice a week and demo the rest. Scale in slow. Look into trading psychology. Watch the words of rizdom podcast series on YouTube and truly listen to what everyone on there has to say.
Best of luck.
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USDCAD from this morning closed for 17 pips.
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Yes Sliver why are you still here?
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Closed my Eur/GBP buy I opened at 0.87420. Nice win.
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(5 min chart) EU broke and is just retesting a pretty strong 1H trendline.
I missed out on a lot of buy trades this morning.
I think I have to play the long game for the rest of the week now as Eur/Usd and Eur/GBP look bullish on daily charts.
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Nice. Both going up.
Maybe I can get my pip quota yet this morning!
Pips acquired!.
Still watching Eur/Gbp - nearing 200EMA on 1H. Either breaks out after news or reverses down for a while.
Usd/Cad could bounce after Cad news?
Edit: We have the USD news in 3 hours too.
Pulled 30 off the bounce of that TL. Good morning so far
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@jdtradesfx
Looks like there’s still a couple hundred pips there until next big resistance. That may take days though?
I entered a mini-trade on a Eur/Usd long with TP at 200 pips.
It just looks like a fun trade to watch.
@jdtradesfx
Don’t look at me, JD.
You know I close early all the time
30 pips is a great win in my book.
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Looks exhausted here for now. Maybe another leg on the open
It’s all about banking those points though as boring as that might sound now?
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@rocktrucker
Euro ( I’m a man, but in my best female voice)
“I told you so”.
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i agree in principle, because what you lose in win-rate (and you will lose something in win-rate) you’re very likely to more than gain in trading frequency, because of the non-linear relationship between time and volatility
you can if you have a broker with infinite granularity (e.g. Oanda, and there are others) so you can do the tiniest trades
but if you’re going to trade a micro-lot (or anything bigger) you really need at least a $250 account to be able to do so safely
good attitude, i’d say (i know you weren’t asking me - i’m only interfering!)
a real, live, funded account is arguably better than a demo if you can afford it, and if you can trade somewhere in really tiny sizes, you probably can afford it
either way, don’t forget that the primary purpose of such accounts (demo and/or tiny) is to gain experience, not to make money
good luck!
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