What's next

May 08, 2023 at 15:28
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6 Replies
Biedrs kopš   1 ieraksti
May 08, 2023 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
Biedrs kopš   1 ieraksti
May 12, 2023 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!
Biedrs kopš   33 ieraksti
May 13, 2023 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
Biedrs kopš   46 ieraksti
May 15, 2023 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
Biedrs kopš   33 ieraksti
May 16, 2023 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
Biedrs kopš   19 ieraksti
May 17, 2023 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
May 22, 2023 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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