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Posts by
edwardddking
slippage of 55 pips
in
Experienced Traders
Mar 15, 2020 at 14:39
avoid slippage..
20 trades to become millionare - is it possible?
in
New Traders
Jan 05, 2020 at 18:29
I'd doubt you have that. But even if you had it, those 4 consecutive losers will destroy your account without a proper risk management. Trade Smart, Be Smart. I wish you the best.
20 trades to become millionare - is it possible?
in
New Traders
Jan 05, 2020 at 18:28
Gambler mindset.Get a job, save up some money and have proper risk management. What is your strike rate? With 70% strike rate, there's a 31.8% that you'll have 4 consecutive losers.
90% are loser ..why ?
in
New Traders
Dec 15, 2019 at 06:44
Poor education. 99.9% that is free is . Poor mentors. You can't do well when you don't know what you're looking for. They're not persistent : most of them don't even trade for 3 months because they lose the entire stack ->>> They take BIG risk ! They don't have risk management, a beginner SHOULD NOT risk more than 0.5% per trade! They look at it as a get rich over night thing, this is what social media made out of it, they're impatient. You have to submit the time. A few years. Slow and steady wins the race, they go for the home-runs.
scalping is risky ?
in
General
Aug 11, 2019 at 13:51
No, but people scalp just because they think they'll get rich overnight.Scalping is not EVERYDAY trading.
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