trading bitcoin demo .....just loving it.....i used to dread sundays...........me and btc made for each other as you can the trading is far from a train wreck
THANK YOU.......for encouraging an 63 old idiot, who with one foot in the grave is tryin to learn to trade. people like who give such constructive advice is what makes ET great. i have told Baron to give a huge reward for such self less service
the advantage of scalping something which trades 24 into 7 is that you need not be desperately praying for a opportunity. you can pick and choose and take what you think are the best.
My balance on Tradingview paper trading was 514 billion after 2 days. I am now the richest men on earth, at least with fake money. You know what that means in the real world though? Nothing.
Maybe you shouldn't try to trade every single little move in the market, but maybe you should look to only trade certain price action around certain levels. Levels from which you know they attract action, volume and create momentum. Trading is about consistency, not about being right all the time, or being in the market all the time. I would prefer a strategy with 5 trades per day and a 80% accuracy over a strategy with 50 trades but maybe around 50% accuracy. Also, money/risk management, it has been posted maybe a 100 times before in this thread, your risk management is horrible. You martingale, scale in on horrible positions, move stops way to often and take large losses, yet almost all profits you take to early, so you can never recover those losses. You recover your losses with martingale, but that doesn't work in the long run, never. You track record is the evidence for that fact.
But hey, who am i, I can't give constructive criticism, right. No, the issue is you will probably think you know it all beter, yet again.
Good work padutrader Nice trading and keep up the good work. I trade in SIM as well. And it help's me gain confidence in my trading.