Replies to post #113031 on Simple's Green Room

[Qui-Gon Kagi]

Charger......no reason why you shouldn't trade live if you are doing that well demo. Just start with a hundred bucks or two hundred and trade the same way you are now. There shouldn't be any more stress trading with a couple hundred dollars over trading demo and it should help make you more comfortable tradeing live with real money when you do find yourself with 20k or more. Worse that would happen trading with the one or two hundred dollars is that you would lose it all and learn a lot while doing so. You're doing better odds wise at home than you would in Vegas.

[simplegreen]

Yep charger leverage can make you or break you with fairly low capital...on demo I took $10,000 to over $500,000 twice but finally felt I was sufficiently bored to go live...but not before I had a season of trading at micro lots on $1,000 capital(10 cents a pip)just to see what I could do with it and did well enough so went live..main thing is trend trading..you will be shocked at how quickly a small position grows when in a trend.Scalping large sizes works fine also til you get nailed by a breakout.Its best to trend trade but learning to do so has been a real difficult task..or it was.Still do a lot of scalping but its due to time restraints.I either scalp or for the most part I cant trade since I usually dont like open positions I cant babysit under these radically volatile conditions.