Damien1881 posted: For me, intraday trading did not work. Stops always got run over so now I start with monthly and work down but don't go below 4hr. Most of us and predict the movement for a couple of pips most of the time, do it on the monthly and you get a couple of hundred! I check my charts once a day looking for entries or to close profits and that's it. My positions are very small in comparison to most so I don't have to use stops and now I always win. Stress free and positive results.
*If I wanted to trade intraday now it would only be with an ea that uses multiple time frame analysis.*
@Damien1881 How does it come such 'successful trader' like you posses only one real account which was not updated since 2015?
VONTOGR, your accounts and systems are all over the place, many of your accounts have been deleted or are in negative, WHy don't you just trust Damien. You do not need to be rude. People do not have to publish their accounts if they do not want to. I'd say VOntogr is just looking for investors to trust him, probably a scam too.
Because he Is promoting historie services bit He diesel not posses single real profitable account. Why would waste zimě to reader such Guy comments
If you are going to intraday trade, you should really only spend 3-4 hours a day trading, im not sure why people would stare at charts all day as that would just hurt your eyes, risk .5-2% of your account per trade, 1:2 rr ratio, and trade the first hour of asian, new york, and london session as that is when market is most volatile, if you don't see moves and potential trades in the first hour of those sessions, market will be slow and it would be a waste of time looking for trades that might never show up, or higher risk trades then necessary, as it would be better to trade another day. you don't HAVE to trade every day, 20 good trading days a month, if you make 1 trade a week, risking 1% of account, all 4 trades win, you make 8% of your account in a month with 4 trades. Quality over volume is always better, just find the high probability trades that match your system and go for it.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.