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WimConrad

Joined Jul 02, 2020

Príspevky: 18

Connections: 0

Skúsenosť: Viac ako 5 rokov

Poloha: South Africa

Profil

Bio

I'm over 50 and self taught.
Learning the hard way is the best.

Obchodný štýl

Manual, following the big guns and trying to trade with them.

Systémy od WimConrad

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Posledné príspevky

Is a demo account really neccassary?

OK this is going is circles - so I want to make two statements:1: To trade you need to have a working system - to test this system you need to test it without too much extra baggage (psychology, etc.) - using a demo account!2: If your system works to your liking, you can then go to the next step to ...

11423

Jan 09, 2023 at 13:48

Is a demo account really neccassary?

This statement I will agree with - get your ducks in a row before you go live - even a micro account can make you negative about trading if it is blown!

11423

Jan 04, 2023 at 09:15

Is a demo account really neccassary?

100% - If you have to ask if it is necessary to test your system AND any changes after the beginning on a demo account before going live - well let's just say you are gambling, not trading!

11423

Jan 03, 2023 at 14:24

money manage and leverage

If you want to use leverage just work out your risk amount on every instrument on your exact stop loss!If 2% of your account works out to $200 - and you want to use a 20 pip stop loss - adjust your lot size to get exactly that pip value and you will not lose a sent more.Different leverages will giv...

5890

Feb 04, 2022 at 07:28

Is a demo account really neccassary?

I agree - see demo trading as a trial run without the added pressure of losing money. Your system should be tested thoroughly before going live. The main thing for me is to gain trust in your system, then you eliminate most of your personal inputs that can have a big negative influence on your tradi...

11423

Dec 20, 2021 at 12:00

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