gats
New trader
Posts: 10
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Post by gats on Aug 15, 2014 16:57:56 GMT -5
Hi, having found WallsttoEasystreet a couple months back, then followed your Twitter, I'm pleased to be here closer to the action. Like another poster, I am still using a demo account, after 6 months from a good start my stats have gone flat, but not losing, again I guess I'm looking for a consistent strategy that suits my personality and of course is profitable. My leaning at this time is the H1, anyway good luck to everyone...
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Post by traderAllen on Aug 16, 2014 11:16:43 GMT -5
Welcome to the forum gats, remember the longer the time frame you choose to trade on the longer it will take for a trade to complete in the wider your stop loss will have to be.That's the advantage of trading on a smaller time frame, trades can be taken relatively quick and it's much easier to limit your losses while locking in your gains. Of course short-term trading is not for everyone. Regardless of the time frame you choose to trade on the show you understand the characteristics of that time frame.
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