Moving into live trading

I know it'll be a completely different game from emotions and liquidity, but I'm really motivated and got my system defined and I'm very confident in it. It's a tiny account I'll be using for live practice. Next week there's a local holiday so I'll be able to watch the charts all day to improve my decision making.

I'll keep a journal to tell you guys how bad it goes...

Forex | 👁 1168 | Posted 2018-02-28 | Share on Facebook | Twitter | Google+

| Modified: 2018-02-28 | Author:


jnFamousDaN 10 months ago

Ha, I hope OP's stay is short! Be free and successful!

luaudesign 10 months ago

Carnival in Brazil. I'm only working on Thursday. :O

mrubuto22 10 months ago

Family day? Fellow British Columbianer?

luaudesign 10 months ago

Thanks for the tips! I must say I haven't tested the current iteration of my system all that much. I had tested it prior to a recent improvement, and it was breaking even, tho most losers I could quickly tell that it was my mistake and not the system.

luaudesign 10 months ago

I'll do it! Thanks!

luaudesign 10 months ago

But then I'd miss timing and get bad RR, no?

fxlowe 10 months ago

Welcome to the asylum. I hope you enjoy your stay.

VirileAgitor 10 months ago

Use ur demo account first to observe trades and open. If you are confident in the trade then emulate the trade on live

RedGreenBoy 10 months ago

Keep a trading journal which logs all of your trades as well as date and time and if possible, a screenshot of the chart at the time of entry. Then as you sit and watch the market, you can write down your thought process on why you entered and what is your stop and target. Review said journal on the weekend to learn from mistakes.

kevinfxx 10 months ago

How sure that your system works, every successful trade strategy need proof in some sort of back test results weather by manually or automatically for a period of time at least from one year and more. This need to apply to potential currency pairs, if its good results, thats gonna be real trade with no emotional and liquidity involved. Sorry for grammar.

luaudesign 10 months ago

Thanks! Don't worry I'm just keeping the weekend alive here. I'll be posting results more like a 50-trades basis, maybe.

El_Huachinango 10 months ago

Good luck. Please check our rules for posting in the sidebar and adhere to them; sorry to be authoritarian about this but we've seen that when we (mods) don't enforce them, that this place rapidly turns into a ghost town of blog links and spam.

luaudesign 10 months ago

I'll do that! Thanks for the advice.

apogi23 10 months ago

Keep your demo account open. Don't be afraid or ashamed when you have to go back to the drawing board.

luaudesign 10 months ago

Thanks! My entry strategy is K.I.S.S Supply and Demand: Support, Resistance and Trendlines. Buy low, sell high. No indicators, no trying to guess the market, no candlestick patterns as I'm looking from a very zoomed out fast Timeframe and seeing inside the candles already.

abrasivebourbon 10 months ago

Good luck. How are you planning on doing so?

luaudesign 10 months ago

Thank you, kind person!

gw3gon 10 months ago

Good luck!

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