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Thursday, September 15, 2016

rhein

10. Last Words For Piggers



Congratulations! You have completed the class Running Pig. At least now you can already perform technical analysis and fundamental to good use. Technically the ability of Your analysis is complete. The task of living and increased flying hours in trading
daily. Try to check how Your demo account during development. Expected you already have the ability to use the platform, technical and fundamental analysis to predict price movement. This is a very valuable capital in your trading. Stay 2 more things you need to know then you already does away with real trading. The second is the knowledge about the Money/Risk Management and Trading Psychology. The second thing we will discuss in our last class: Hunting Fox.

Can I open a real account now? If the goal is to practice (some people like to practice with real money to be able to feel how the actual trading with a real account) then the answer is PERMISSIBLE. Even the fact this is the right time for you to try if you can apply your trading during at demo on real account.

However if the goal to direct towards profit, well wait. There are still some classes that need to be attended. There are still a few lessons. There are still some "small" knowledge that can make you do not need to fall awake many times in trade. However, for these last classes try to ask some of these things to yourself during the trade with a demo:

  • How to condition Your demo account profit or loss?
  • If the profit is that because the mere guess-guess mangosteen or indeed because Your analysis accurate?
  • If loss, why?
  • How much point Taking Profit and Stop Loss you?
  • How large the losses in a row you've experienced during the try demo (other name Max Drawdown)?
  • What technical indicators do you use? Why use it?
  • How do you handle the news at the time of the trade? Avoid or exploit it?
  • What model your trading? Swinger, day trader or scalper?
  • What time do your best trading?

Well at least 9 questions above are enough to look back at how your current trading conditions.

rhein

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NOBODY can go back and start new beginning, but ANYONE can start today to make a new ending !!

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