you meant to say, scalping is not profitable for retail. Because for hedge funds and big Chicago props, its some of the most profitable strategies that exist. I mean, why else would they all be building servers right next to the exchanges? Are they ...

Demo Forex VS Real Forex

At last an adequate person out here. Idk how people can talk seriously about 1-2% risk and profiting from it, if they’re account is less than 10k. For beginners who want to develop a stronger trading mindset and go for real without blowing accounts, ...

How much do you risk per trade?

yeap, demo accnt is good. Especially if you are compelte beginner. You bascialyl risk 0, and get the same market condtions, same prices, same charts... of course, tradign with real money invokes emotions, and that is smt u wont have with demo, but ...

Is demo a step before real trading?

Well, first of all, demo isn’t live trading. When you trade real money, your attitude changes because it’s all in the brain - loss avoidance and reward mechanism (read some psychology behind traders’ behaviors/decision making). To me it seems ...

psychological problems

Dude I woke up because of the BE notification as well Not bad though, better to go break even on the trade than losing it completely.

Gold with No Drama

watching for correlations between NQ and SP500 works best on the news for me. The FOMC rate cuts especially. Last one was of course a big nothing-burger, but previous ones always showed clear divergences. I'm not sure why algos don't pick up on ...

Nasdaq-Simple Intraday Strategy

I have a fairly similar approach for trading nasdaq intraday, but I also include SP500. Not to trade it, but look at possible SMT formations. Here is the breakdown, so it will be simple to understand my trading strategy: 1. Same as you, I trade ONLY ...

Nasdaq-Simple Intraday Strategy

I see a great discussion has developed here on hedging, and very good arguments have been shared. As far as I can see there is a misunderstanding between hedging and using stop-loss order. here is my understanding of the subject, and why many people ...

Hedging is it really useful?

Why are traders greedy? Because they hold positions, see it’s giving profits and want to hold it more and more, but the solution is to set clear profit targets. So, each time you enter the trade you must know when you need to leave it. To not check ...

How do you control your greed - practically