point entry based on the small shark to take profit with the bigger bat
Comment:
after theory you practice your strategy (on a demo account for some months)
and you'll be prepared
and you'll be prepared
Comment:
same for signals, you'll study and then you will make your own signals
If you want something done right, you have to do it yourself!
If you want something done right, you have to do it yourself!
Comment:
always analyse the data you get when you practiced on demo account.
the days which are more profitable, the less profitable.
the market that you are more profitable, the market which you are less profitable.
what's your most profitable pattern by ranking, etc, etc
the data it's useful to optimize your approach
the days which are more profitable, the less profitable.
the market that you are more profitable, the market which you are less profitable.
what's your most profitable pattern by ranking, etc, etc
the data it's useful to optimize your approach
Comment:
and don't wait to win 1million in one day on trading.
what you want is to win slowly, little by little
what you want is to win slowly, little by little
Comment:
I give you my business plan on trading (use what you want or modify it for you).
beginning capital : 500$
capital diversification: 33% forex, 33% gold and oil, 33% indexes
Money management: 2% on each position. Only one position at the time
-take half when 1/1 or 1/2 ratio reached and reenter if you can.
entry strategy:
-chart patterns
-harmonic patterns
-Stochastic and macd
-divergence/convergence
-candlestick patterns
-fibonacci retracement
no goal performance only slowly by slowly.
psychology:
-No retry on a loss
-no trade on bad day (bad mood, sad, angry)
-don't move the sl for a trade in loss (only for a winning trade move sl at break even when you take half to protect your capital)
beginning capital : 500$
capital diversification: 33% forex, 33% gold and oil, 33% indexes
Money management: 2% on each position. Only one position at the time
-take half when 1/1 or 1/2 ratio reached and reenter if you can.
entry strategy:
-chart patterns
-harmonic patterns
-Stochastic and macd
-divergence/convergence
-candlestick patterns
-fibonacci retracement
no goal performance only slowly by slowly.
psychology:
-No retry on a loss
-no trade on bad day (bad mood, sad, angry)
-don't move the sl for a trade in loss (only for a winning trade move sl at break even when you take half to protect your capital)
Comment:
maximum loss per day 2-3% (can go a little higher, but at this moment you really don't trade, you wait the next day or next week).
take 50% of winning performance each month for you and let the other to grow your account, when bad performance (loss on a month) don't take nothing and wait till next month to take 50% of the 2 months performance combined
take 50% of winning performance each month for you and let the other to grow your account, when bad performance (loss on a month) don't take nothing and wait till next month to take 50% of the 2 months performance combined
Comment:
I don't understand why moderation block my link because the book i put i'ts Free! the authors decided to give it for free so you don't have to do this mod.
I repost it so now you can't block it : urlz.fr/b7SE
I repost it so now you can't block it : urlz.fr/b7SE
why? because we are now in a world where information fluctuate very easily. Just make some google search, buy a book or look on internet for free pdf of it.
You will learn exactly the same (alright maybe 90% the same, but that's sufficient).
when you want to make a garden, you buy a book garden
when you want to learn spanish, you buy a book of spanish
when you want to learn trading buy a book of trading
drive.google.com/fil...9PFKL4VFJS0VPO7/view
i can give you this one it's in french but you can translate, or search for an other to be more confortable