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I NEED HELP WITH LIVE ACCOUNT RECOVERY
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Noví obchodníci
Jan 28, 2014 at 22:20
Hey, you made mistakes and lost some money... It happens... Now is the time to study those losing trades and understand why did you lose them. Was your premise incorrect? Were you too greedy? Were you following a strategy or just guessing trades? Did you have slippage or other platform issues?I'm sure you'll learn a lot from this.PS: If it was me, I'd go back to a demo account and wouldn't risk real money again until I had consistent profit for no less than a month. Four weeks is a good sample of your performance, I believe.
How to improve the odds in trading
v
Skúsení obchodníci
Jan 28, 2014 at 07:21
I'm just an amateur that has been taking a beating on demo but I believe that setting R:R to a fixed value is not a smart move. The market doesn't give a rat's ass about your R:R... What if your TP is above a strong resistance?Personally, I believe that you have to be realistic and analyse price action in order to answer two questions:1) What will prove me wrong? That will be my SL.2) Is there resistance in the direction of my trade? There, I'll put my TP.If that gives me a R:R that's less than 1:1, I'll think twice before pulling the trigger, because that probably mean...
Broker Suggestion
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Noví obchodníci
Jan 21, 2014 at 13:52
What do you guys think about IC Markets? I've been demoing with them for a while now, but I've heard some horror stories about slippage in the real servers...
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