HiddenLevelMQ posted: do not use any paid signals, waste of money, my advice find ONE method and practice it on a demo until you are at least profitable for 1 month-3months
thats all you need, I went through the journey of paying for signals and lost money, I then paid for a course which was a waste of money, I'm lucky by chance I met a man in a cafe who took the time to show me his 1 strategy and since then I aim for 50 pips a day at the minimum and have compounded my account
I think trading yourself is risky. People have emotions and those who don't even understand how to control it will lose most of the tine. I have a friend who's a good trader but he always loses at the end because of his greed to make more. My 1st financial success came from having a software trade for me. It also gave great commisssins if i brought in clients, which i did.
There are companies out there who truly want to help because their clients success depends on their success.
Having your money work for you gives you tine to do other things that one really enjoys. Life is too short to soen d most of it looking at a chart lol.
In forex you must take loss when necessarily if you see that trades already against you or you made a bad call, this is the key to moneymanagement and consistency of profits.
now i leave the live account , because market movement right now very confused and volatile , for that reason demo trading is my first priority, even though its a boring but no way right now. because trading with real balance can be dangerous in corona virus issue.
u have to find more than 1000 strategies back test them at 16 major pairs for atleast 5 years each strategy 2nd find 1000 Ea,s ( free ) and back test them for several of years then find a suitable strategy among all above and be consistent with that which also fits your nature , like if ur grid trades , scalper , long term trades , find relevant strategy and work daily on that at 16 major pairs and after 6 months u should be at a result
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