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What's next

May 08 at 15:28
7 Replies
Member Since May 08, 2023   1 posts
May 08 at 15:28
I started trading three years ago and failed a lot until I had a stable trading plan and a successful strategy, and I am now trying this strategy on a demo FTMO account, but the problem is that I trade in the first two hours of the London session and end the day and follow the plan with everything in it, but I feel very bored because I have nothing else to do and I always ask myself what is next to do or learn if you have any advice write it to me
Member Since Jun 20, 2021   1 posts
May 12 at 10:42
I feel you my brother! I started my trading journey 3 years ago also, and honestly since last year (July 2022) up to this point, I have learned more than I could imagine! Having a trading plan and a strategy written either by paper or computer, helps you tremendously. You treat this as a business.

And that is perfect! Because the purpose of being a Forex trader is to give you 2 things: freedom of time and freedom of money! Enjoy life! Do the things that makes you happy

Keep it up!
Member Since Apr 26, 2023   33 posts
May 13 at 23:02
demo accounts are not reliable. they are good just for learning and testing but you can not rely on them because they work very different from real accounts
Member Since May 06, 2023   46 posts
May 15 at 09:19
Indeed, you can learn and test with a demo account, but it cannot be used as data for a real account
The market always has unpredictable fluctationes,risk management is always the number one priority
Member Since Apr 26, 2023   33 posts
May 16 at 20:58
EmilyLee posted:
Indeed, you can learn and test with a demo account, but it cannot be used as data for a real account
Thank you for paraphrasing what I said in the las t comment
Member Since Sep 13, 2017   19 posts
May 17 at 10:50
the main problem with a demo account is that there are no emotions with a demo account. only with a live account can you really know what trading is like
Member Since Aug 15, 2017   10 posts
May 22 at 13:01
Trading on a micro account should keep you interested enough to focus but also mean that you won't be risking huge sums of money when you trade
Member Since Apr 26, 2023   25 posts
May 22 at 18:41
That's fantastic to hear that you've built a solid trading plan and strategy! If you're feeling a bit bored during your trading sessions, here are a few ideas: broaden your trading knowledge, review your past trades for improvements, explore different markets or instruments, connect with trading communities for inspiration, and don't forget to take breaks and indulge in hobbies you love. Keep learning, stay motivated, and enjoy the exciting journey ahead!

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