Recent content by sw0rdfish

why not play with microlots for your "warm up". you are more careful than when playing with demo.

if you have the capital to average down, why not?

engulfing bars are just one of the key reversals signal to look out for. some others to look out for are harami, dojis, piercing/dark cloud cover and morning/evening stars. Of course there also must be a prior trend before that. it would also be ok to use other indicators to confirm these...

3k probably is enough if you play with mini/micro accounts.

you can use the realtime chart from the Tools button.

it depends on : 1) how much capital you have that you can spare. Ask yourself again is $6000 the absolute amount that you can afford to lose without feeling that "you could die" if you lost all $6000 2) How many days do you consider swinging your trade 3) How big your lot you bought/sold is. ie...

How about try trading on the 15min interval range? Its less noisy and you get a better picture where the market stands after 15min. Just a suggestion.

what i am trying to say is coupled with moving averages/volumes, these other indicators can help "confirm" a trade. More variables that "confirm" a direction, increased probability of winning. Of course, when choosing stocks, fundamentals are also important besides technicals.

concentrate on one initially. know the inside outs. Once you are more experienced, you can try monitor different pairs.

1) Always place your stop/loss 2) As i can't really see clearly the pictures, what other indicators did you use? Don't rely on moving average and volume only. Use a combination of candlestick patterns, bollinger bands , MACD, RSI etc 3) Always wait for confirmation of supporting...