Hi I'm Race,
new to trading in as much as live trades using your own money. This might sound like a stupid question but, then again i thought, it can't be stupid if it puts my mind at ease. I have been practicing on Trading View for a year where they give you 99,000 pounds to play with. To date 75,000 has already disappeared down the plughole. But, of late I'm consolidating with a strategy i feel happy about. I'm basically scalping the strategy and getting out of the trade with anything from £2.00 - 12.00. I set myself a little target of making thirty to fifty pounds a day.
Look, this is it, I have not joined a Trading site yet. But, when i do, can i make this trading mind-set work - in relation to profit? And i ask it like so because in the back of mind i know the trading companies will take so much from you in terms of costs! So, can scalping just a little a day, week, etc, be worthwhile once the companies take they're percentage? Any help on it in any way much appreciated.
All the best,
Race.
new to trading in as much as live trades using your own money. This might sound like a stupid question but, then again i thought, it can't be stupid if it puts my mind at ease. I have been practicing on Trading View for a year where they give you 99,000 pounds to play with. To date 75,000 has already disappeared down the plughole. But, of late I'm consolidating with a strategy i feel happy about. I'm basically scalping the strategy and getting out of the trade with anything from £2.00 - 12.00. I set myself a little target of making thirty to fifty pounds a day.
Look, this is it, I have not joined a Trading site yet. But, when i do, can i make this trading mind-set work - in relation to profit? And i ask it like so because in the back of mind i know the trading companies will take so much from you in terms of costs! So, can scalping just a little a day, week, etc, be worthwhile once the companies take they're percentage? Any help on it in any way much appreciated.
All the best,
Race.
