I hope u r doing ok with ur live account. With that being said i dont know if you have any experience trading.
I hope u have found someone to point u in the right way. The only problem is if u have not had experience doing technical trading prior to this, learning another persons trading system would rarely bring u any benefit or profit for the matter.
I think majority of traders who started out ( me included ) had this perception that there is a system or trading method or a magical program out there that will give u entry signals for a buy or a sell. The problem is that there isnt and you should start running immediately when someone tells u there is. If u take each and every signal your chosen system gives u, u will end up loosing ur account without ever going back to break even. Ever.
Even a very good trading system will do only one of two things. It will either give u a trade entry or a validation on a possible entry. This applies only for an entry. There are systems that might give u possible stop loss levels or even exit levels. But we shall just touch on the trade entry part.
That is only half of what is required for a profitable trade. The other half is the trader himself. If the system is such that it indicates an entry, then the trader has to validate it before taking the entry. If the system validates an entry, then the trader has to first spot the possible entry set up.
Overall profits at the end of the trading day or trading month can only be assured when the two parts are synergistic.
In order for the trader to be able to perform his part, he needs trading experience. He needs to be familiar with market movements. He needs to be able to pick valid stop losses. He must be able to read the price movement of the currency pair that his trading. He needs to understand Support and Resistant areas. Maybe his chosen system might require him to be familiar with market bias on higher TF. Maybe it requires him to be well versed with all of the above.
While trading can bring you enormous profits in a very short period of time, it can also cause huge losses.
We havent even started talking about the psychological effects trading has on beginners and experienced traders alike.
So i would strongly suggest that u take your time before considering trading your live account.
I hope I have not dampened your enthusiasm by all these details.
And finally happy pipping.
