Demo trading, getting the hang of metatrader 4, quirky but it will do. Up 200 on a 2k demo account at 100:1 that will do, opening with 4k end of the month. Demo more teach myself not to over complicate or change anything. Need a holiday and to get laid, 3 of my 4 plans have cancelled on me, 1 moved till next week.
Demo trading simplified more. 8sma Envelope 8sma 0.02% and 0.04% Easier, chop range more relevant. Role on 1st Sept, without trading life is very depressing, a dim distant light at the end of the tunnel, is better than no light.
New method works GREAT for index's in a uber scalpy kinda way less so with FX, might dump FX and just trade Index's as I prefer to just play a small range many many times per day, it's simpler!!
I believe you are based in the UK. Have the new ESMA regulations affected your trading ? The changes to max leverage, especially on forex, are pretty huge.
Read up, you'll see it, yes had to close FXCM account wait a week for the money to be returned, having a month off so ICMarkets account and back to 100:1 Margin for me 1st Sept ish!1 PAIN IN THE ASS HASSLE I COULD DO WITHOUT, took hours to find brokers with no ESMA aswell, Pepperstone although Australian where ESMA regulated and others, spread and PC / Tablet system where better via FXCM aswell
Demo trading ( thankfully ) I'm up 50% taking it easy, boom, boom, boom, then 1 loser turns and changing direction and I hold and give back all the profits, Same Old Shit!! NEED TO SOLVE before I go live!! so 3 weeks!! SOLVE!!!
Modifying to.......... Envelope 6sma 0.01% and 0.03% 18sma old Fav. trying to solve the, it's turned against me, ohhh I'll just wait for a pull back, ohhh the account is gone, issue, solved it previously, just a matter of remembering.
Today as on Demo will be spent taking likely bad trades, to create more losing setups than normal to practice getting my ass out of dodge sooner with limited losses.
Already coming to the conclusion early out, not trying to wait for a cheaper pull back. Direction changes or range 0.03 breaks exit just exit. Need to set SL but its painful on mt4 pc, android and ipad. Ipad 1 click trading like pc nice, but to change charts click then view chart, if you click new chart by accident then, blank chart awesome. Defo step back from fxcms platform, which was a step back from Tradeinterceptor. Life!
New Method and Tighter Exit strategy looking great on YM/DOW. DAX works at times, but it's like 60% of the time, rather than 90% from YM. Can't be arsed to check FX's tonight, there being forgotten I think, YM is where the money is.