Hey all...
I've been running demos with different brokers for about 4 years now.
I have really come up with a solid strategy and would like to go live.
I will be trading multiple time frames, but mostly focusing on swing or 4hr based trades.
I will be starting with $3,000 capital & risking no more than 2% per trade.
My first question is pretty basic:
How do I choose the right broker?
The second question I have is:
If I am shooting for a goal of 2% return per day, may be high but my goal non the less, what leverage / margin should I be using and does anyone know the formula for calculating this return into pips?
I love this forum and thank you all in advance.
Happy piping...
Aaron
I've been running demos with different brokers for about 4 years now.
I have really come up with a solid strategy and would like to go live.
I will be trading multiple time frames, but mostly focusing on swing or 4hr based trades.
I will be starting with $3,000 capital & risking no more than 2% per trade.
My first question is pretty basic:
How do I choose the right broker?
The second question I have is:
If I am shooting for a goal of 2% return per day, may be high but my goal non the less, what leverage / margin should I be using and does anyone know the formula for calculating this return into pips?
I love this forum and thank you all in advance.
Happy piping...
Aaron