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JordanRF
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JordanRF
Hi, Can someone give me a tips, new trader here, starting on demo account
in
New Traders
Jul 04, 2018 at 09:57
on a 10,000 account you should be risking no more than %1 per trade. Thats 0.1 lots essentially. I see you have been trading 100 lots with no stoploss and that is just wreckless. Try to trade no more than 5 times a day maximum, make sure youre not placing conflicting positions on correlated pairs, dont bet on the news and make efforts to read up on trader psychology in regards to remaining emotionally neutral to losses and wins, trading breaks and whatnot.this isnt a promotion but take a look at babypips.com they have a plethora of free information ranging from elementary to advanced.
Can forex trading make you rich ?
in
General
Jul 04, 2018 at 08:58
LOL I hope youre being ironic. Sounds like they were trying to sell you a signalling service 😂 compounding however is very useful for growth.
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