Recent content by dvid_

I would say minimum 3 months profitable demo trading is enough to start a Live account with small amount of money and get a taste of real market conditions. I practised my strategy for 1 year on my demo account and opened a live after that. I still use the demo account for practising and...

I think the most common thing is that you lose money. However even successful people lose some time, so you have to calculate loss into your trading. I try to avoid fear as much as I can, because it keep you entering a trade every time you see an entry level. Fear also takes confidence away.

I use 1:50, but when I open a position I never risk more than 1% of my money. However my risk differs from each trade due to my stop loss placement.

I would like to increase my income next to my job. My long term goal is to become a full-time trader.