Tansen said:I have a hard time seeing but I would guess these decisions are displayed on a 15min chart?
After several years of not so good real trading,. I hit demo for a while. Then kept demo alongside real trading. Helped a lot to stay in trades longer.Skipper said:Demo trading is no easy business. You have to be disciplined even no real money is at risk - playing it for the real is the hard part. It's the only way to see progress and see who you really are - are you up for it?
Skipper said:Alpha-Bet those "Three sisters" is a totally new one for me. Could you explain it a more deeper what's going on there and why it is a warning sing? I see those 3 very sharp moves up, so should I note them as a rush to known resistance levels before going down? Thanks!
Ramy3 said:After several years of not so good real trading,. I hit demo for a while. Then kept demo alongside real trading. Helped a lot to stay in trades longer.
Plenty of naysayers for demo out there. I think it has its value… Follow what you feal is right for you.
Alpha-Bet said:Yes. It's all about confluence.
In this case the third sister tapped the 5.76 Fib.
It's another chart pattern. Three drives to a top. Three drives to a bottom.
Tansen said:I was curious are you looking for scalps primarily or long term swing?
If you think you won’t be doing the same when going live, (all though not nearly as much),you are in for an unpleasant surprise.Skipper said:Yep, there is lot of good things to learn while demoing, but I have noticed it feeds those bad behaviors you would not want when going live. I'm talking about those over trades and moments when you are playing just for your luck.