EuroTrader
Sergeant Major
- Messages
- 1,051
To be honest by the look of your demo account you should not be trading any size position on a real account!
Your demo account said it all for me, you have a draw down of over 10% and no stop loss that I can see, so you have NOT learnt about risk reward!
For a novice trader you should never risk more than 1% of your account on a trade!
My advice is to keep practicing on a demo account until you have learnt how to trade, until then live account should be the last thing on your mind
Anyway at least you are trading in the right direction although your entry's are terrible. if your demo account can handle the pullback which I think is now over @ 16683.50 (50% fib where you should have taken your positions with SL @ 17088.00 targeting 15122.50 & 14591.00)
Yes, that is very much correct and unless we are really comfortable with trading in the Demo accounts we must not switch to the Real accounts