DislikedYou must be a sucker for punishment .So far, one live and one demo for me. I fight tooth and nail not to let this happen again, so my demo account is just as important to me as the live one. If I blow another demo then I will have to rethink what I'm doing. I want to move away from taking shorter-term trades (1 - 3 days is short for me) and find ways using S/R that will let me hold for weeks. That's the point of the demo, to try out new ideas and strategies whilst building the live account slow but sure.It's good to know that my main aim when...Ignored
Just to add for new traders - Time factor is the key limiting factor in their demo learning. It is almost impossible for a learner to wait and see a trade mature in weeks/months. Therefore they switch to smaller timeframes. One NFP or any other news break resulting in spikes shatters their confidence and believes in the method. Therefore there is no shortcut. Demo trading for months playing reasonably bigger moves is important for developing self-confidence.
Me too looking at medium term trading, however, maybe able to think more seriously about it when market calms down. I cannot ride this wild market for long with my limited capital.
I am sure there are many benefiting from your excellent work.
Thanks again sir.
The Thief of Wall Street