Whats a recommended stop loss on a trade risking 5%?

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Elliott wave principle?

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Demo account and 20 books on forex + concentrating on what I know already. Give myself a month.

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Thanks mate. I'm on my demo account now and trust that I made alot of money off it in the last 24 hours. This is because I have no emotion getting in the way and I'm able to use my prediction skills which is very good without emotion. That lack of ...

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Thanks for the support guys it's encouraging. It's hard for a 21 year old to lost 5k trading. Who knows in 10 years ill be sitting on a beach with my touch making money! And everyone is welcome to join me!

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I have lost 3 accounts already, i didn't want to risk a 4th for now. Ill give myself a month and obviously pay attention to the market and here with no change.

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Ok Guys, Im back now with a demo account LOL with 5K, I'm going to practice for a month or two and see how i go, pretending its real $$$.

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I predict very well, im good at working out where the price will go. Emotions and boredom is what just killed my account. Emotion - stress and anxiety and trying everything to get back what i lost Boredom - Making a trade for the hell of it.

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lol and my account just got liquidated and gone! hahah

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If i calculate all my gains over the last year and my account nearly blow this week (which is on its way to liquidation holding on to longs) i should be break even. But all that stress don't know if its been worth it? I have had micro accounts as ...

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lol as in im still learning. I have blown my account twice already

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Im in the same boat except I'm still SHIT!

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Ummm... Ok? what happened there lol?

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The bulls have had their little fun... time to fall.

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Lol this is a joke, i went from 10% again to 50% of my account. I still got a fighing chance, staying out for a little while so i can de-stress!

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I hope so my green friend...

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yes yes i know I just hope this US data coming out soon is horrible atleast i can pull out with some dignity otherwise im headed to liquidation

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I just dont set my tp and sl coz my app keeps screwing up.

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Had a fighting chance, now blown away with this sell off.

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grrr what the hell is going on!

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