Well, its time I record my demo trading so I could become more disciplined. I do daily trades and use the Trade Balance Point of Wells Wilder Jr. I won't place trades all the time until I find a swing trade. You will notice that some trades will have 4:1 Risk to Reward ratio because Trade Balance Point system is trying to keep you in the trade. What I want to see is if this system will generate profit in the long run. My demo account is with IBFX at $1,000 mini. Trades will be 2% of my account.
I will record my daily positions here (if I do have a trade/s) around 5PM PDT or 00:00 GMT. I will treat Sunday candle as part of Friday candle but I might close my Friday positions due to gaps on Sunday.
Happy Hunting,
Rick
I will record my daily positions here (if I do have a trade/s) around 5PM PDT or 00:00 GMT. I will treat Sunday candle as part of Friday candle but I might close my Friday positions due to gaps on Sunday.
Happy Hunting,
Rick
I'm a disciplined trader and that's the only way I trade.