You entered short, when there is clearly uptrend bias, look left, there is BLUE ARROW it means just look for BUY trades, if you have entered buy trade you would made tons of pips...
Regards.
You entered short, when there is clearly uptrend bias, look left, there is BLUE ARROW it means just look for BUY trades, if you have entered buy trade you would made tons of pips...
You must download from site.
You are kidding, what are all that arrows? Can you show a more big picture will try to help you, tell me exactly where you take the trade.
May I ask, what are those bottom indicators?
Even if your broker offered you 0.01 lots it wouldn't make sense to trade the Dow with 1000 USD.cinare wrote: ↑Wed Jun 17, 2020 5:05 pmP.s. would also like to trade the dow. But am not live yet. When I go live, I go with a small account of 1000,- It isn't recommended to trade the dow then I guess. With min. size of 1.0 I can't risk it because I would blow my account in no time. If you (or onyone) has a suggestion of how it might be possible, please let me know![]()
I'm with ICMarkets right now in demo. I'm very happy with them. The service, the spreads on forex. I would like to go live with them. I'm planning on risking 2% per trade. So lot's betweem 0.01 and 0.04, depending on votality of the pair. I guess the dow and s&p have to wait for now. Once I build my account, I will trade s&p and dow on demo and get a feeling for them..josi wrote: ↑Wed Jun 17, 2020 5:34 pmEven if your broker offered you 0.01 lots it wouldn't make sense to trade the Dow with 1000 USD.cinare wrote: ↑Wed Jun 17, 2020 5:05 pmP.s. would also like to trade the dow. But am not live yet. When I go live, I go with a small account of 1000,- It isn't recommended to trade the dow then I guess. With min. size of 1.0 I can't risk it because I would blow my account in no time. If you (or onyone) has a suggestion of how it might be possible, please let me know![]()
You should only invest 1-3% of your capital (depending on how much risk you want to take on) in one trade.
Simple alternative: get a broker who offers 0.01 lots and trade S&P500 (you will find the correlation between Dow and S&P is extremely high, so the same rules apply).
I can see you are new to this, I recomend you study the basic of forex,, support ressistances, patterns, trend lines, indicators, money managemment, then you can try to look in a system that match with your style. Soo in this case i can sugest you an entry based on ny style ( check picture attached.
It is Universe version with meter. Just drop the attached indicator to universe template.yogibear13 wrote: ↑Wed Jun 17, 2020 11:42 pmAxiRod. Do you mind sharing the files for your system as in picture ?
by LadyAmira, Fri Oct 09, 2020 10:53 pm in Trading Journals
by ImpLaNT, Thu Mar 26, 2020 2:21 pm in Trading Journals