Recent content by baby_trader

This really depends entirely on your style. How much are you risking per position? How much in percent? How often will you enter in the markets? How much is your leverage? If you can answer these questions than you can start calculating how much can you profit from an account like this. But...

I know that sometimes I can be impatient and start searching for an entry point on lower chart frames (however never went down under 1H chart), and enter in a trade earlier than I should so get stopped out and then it starts going to direction I anticipated.

I started trading live after 2 years of demo practise. It's a little bit more than avarage time for practising, but what I have done good on the demo I could implement it in the Live account. That doesn't mean I don't have losses, but I stick to my trading plan and with that my losses are not...

Fear is common in trading, but if you stick to your trading plan and follow it's yours then you can reduce fear, because you know that your strategy has been tested by you and it's profitable in the long. The more you trade the more stressful trading will be.

Couldn't say better bro, nice post.

Hey man, If you are searching for a trusted broker then search Exclusive Capital. you cand it through this link: https://www.exclusivecapital.com/ They are a new broker company, but I have been trading with them for a couple of months now, and i'm satisfied with their service. They are 100%...

Yes sorry. Exclusive Capital.

Hi, I've trading with this new broker company for a couple of months and I really like their conditions. The EURUSD spread is 0.5 pip with a standard account and there is no commission. On bigger accounts they have commissions like $5 or $7 dollar, but the bigger your account the lower your...

It isn't that common. I use price action strategy to trade. I always use of the online forex calculators to measure my risk. I always set my entry price and stop loss. From that pip difference, my amount of money and my basic risk (which is 1%) I calculate my position size before I enter a trade.

Yes Forex is world wide. You can earn a lot of money from it, but you need to invest a lot of money in order to earn a lot of money. Also, you have to be disciplined and learn a trading strategy which you will use every time you trade. Without money management you will never be successful in the...

Only fear when price hits my stop loss :D

You should start with a micro account. Try out your strategy first small, then after some time if you were profitable, slowly increase your account, BUT remember trade money you are comfortable losing it. I do it the same way so I don't really feel painful after a couple of small loses.

I use 1:50 and not more, because that's the minimum leverage at my broker.

Yes, that's the beauty of Forex and the markets. Anybody can be a trader as long as they're disciplined, have realistic expectations, trading plan, money management. You also need to learn when you lose that doesn't mean you're not good at trading . Loses are part of trading, you just need to...