Recent content by danpadcas

Risk management is the bread and butter of trading. If it's all over the place, you won't last long in this business. For a lower risk and more reliable signals a trader would be better off just sticking to the higher TF such as H4 and Daily.

After being a breakeven trader pretty much over a year my trading career starts showing me some light at the end of the tunnel. This 2019 I had a really good positive % every month. I'd say my point of inflexion was, understand risk management and countless loads of patience.

You should then have a look at this also; It explains easily how to analyse a stock without feeling overwhelmed. https://www.nasdaq.com/investing/dozen/ Once you are done go and start playing around with the best stock searcher; https://finviz.com/

Day trading is really hard. You can have really good days when your gains actually can make up for a whole month. But the truth is to make consistent profits, in the long run, you don't have to be a good trade, you have to be really really good. That's why the percentage of successful daytraders...

Does anybody know what is the maximum of capital you are able to fund to your account and its guaranteed by ICMarkets?

Where is the chart though?

I agree with Pat494 as things get tougher when you are managing somebody else's money with this amount of capital. The psychological aspect plays such an important part at this level that it might be really hard to sleep tight sometimes. Good luck with your trading !!!

Last october i had 7/10 trades. Usually my win ratio is between 60-65% i’d say

I'd say between 8-10 per month.

I've been trading it since last week. I had some patience when price was bouncing around the resistance (red line) so I took off partial profits and now I'm letting the reminder to prove itself. :clap:

Markets have been choppy all week pretty much but I entered on CHFJPY after daily candle closed as a rejection candle at 111.148 expecting to hit the target around 109.770. Overall target would be 108.202, next major support.

GBPCAD; I jumped in at 1.7850 and exited at 1.80018. In within 16 hours, I banked 143 pips. Not a really bad way to start the week tbh.

Hi traders. I don't look at DAX quite frequently but this week the opportunity came out was superb. Anyone else noticed that lovely Pinbar right on support?

Loneliness can be seen as a state of mind difficult to manage as every single person is a world. I personally use to say that knowing oneself is one of the most difficult task. This lead us if you have social life, then its less unlikely loneliness affect you. Its all about balance life but...

Its all about being able to control your emotions even though its much easier saying it than actually doing it.