Backtest manually by recording the price action. Then Forward test using the strategy you have developed on a paper trade basis. This allows you to record results as and when they happen. Also reasons why your strategy does not work sometimes. Only after knowing the asset price action can you...
Goal is to make money. Rules are necessary not to lose too much. No rules are a recipe for disaster, you want to think that you are "right". The reason anyone loses money is because they risk loss. I have a brother in law who was making a whole lot on Crypto something but it dropped in value to...
There is no "Fast way". OK you may see a presentation online or at a Trader show that suggests that it only takes 5 mins a day but they are just there to grab your money. Watch a series of assets on a daily basis. Daily???? Does that mean you have to sit and stare at the markets all day...
Asian Markets. Those dependable on AUD and NZD. There is more action between 01:00 and 06:00 before the Eur and US Markets get up and running again. Who needs sleep anyway.
Hi Miss Paulina
I have been trading for 17 years and have seen Ups and downs. Self discipline is the key. The thing to remember is consider small loss consistency. If you trade , you will have losing trades. You must plan and manage this risk. OK everybody thinks win win WIN but unless you...
3:1 Reward to risk. Don't exceed 2% of your account. If you "Blow up" your account then you have only yourself to blame and will be regarded as a penis sucker.
I haven't been conned. I know loads who have. Especially those who enter into a timed agreement. I have a family member who invested about a year ago. At Christmas it was up by a huge percentage, 66% . I saw him 3 weeks ago. It has crashed to effective Zero. down to the Trumpine tarrifs . He is...
The only thing I can say about Crypto is that if you trade a completely unregulated asset then you are a ***** sucker. That is if you are male identified. If you are identified as female then the term to use is rather silly smelting waste...
I spoke with someone at spread betting company. Well known one at that. He was gabbling about the pip factor being dependent upon accountsize?/??????? I tried to tie him to examples but none were forthcomng. Just more difficult to understand theos. In the end I simply decided that this...
Doesn't matter. We produce the square root of dang, we will this year be paying a fortune for commodities and taxes, in a world that cares nothing except for itself best off shorting the market for the forseeable.